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    Bozeman Real Estate Group

    389 S. Ferguson Ave, Bozeman, MT 59718
    (406) 587-1717
    Web Site
    Size: 10+ agents

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    Property Types

    • Land
    • Residential Multi Family
    • Commercial Lease
    • Commercial Sale

    Listings

    For Sale (26)

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    Bozeman Land with Development Potential
    $7,900,000
    40.65 Acres

    Bozeman Land with Development Potential

    40 acres of prime land near city limits with development potential.

    3849 Staffanson Rd, Bozeman, MT 59718
    View details
    Land in Wheatland Meadows, MT
    $190,000
    5.05 Acres

    Land in Wheatland Meadows, MT

    5+ acre lot ready for dream home in Three Forks.

    88 Wheatland Meadows Dr, Three Forks, MT 59752
    View details
    Bozeman Land for Multifamily Project
    $999,000
    0.91 Acres

    Bozeman Land for Multifamily Project

    0.91 acre lot suitable for multifamily development in Bozeman, MT.

    1242 Thomas Dr, Bozeman, MT 59718
    View details
    Bozeman Commercial Infill Lot
    $850,000
    1.08 Acres

    Bozeman Commercial Infill Lot

    Prime commercial lot near Huffine with high traffic counts.

    625 Laramie Dr, Bozeman, MT 59715
    View details
    Belgrade Multifamily Investment Opportunity
    $899,000
    0.24 Acres

    Belgrade Multifamily Investment Opportunity

    Four units, remodeled options, great income potential in Belgrade.

    206 S Davis St, Belgrade, MT 59714
    View details
    Acre Lot with Mountain Views
    $165,000
    1.07 Acres

    Acre Lot with Mountain Views

    One acre lot near Helena, Montana, with mountain views.

    3780 Cupid Dr, Helena, MT 59602
    View details
    Picturesque Land Parcel, Bozeman, MT
    $600,000
    4.67 Acres

    Picturesque Land Parcel, Bozeman, MT

    4.67-acre parcel with mountain views, near downtown Bozeman.

    3 Canyon View Rd, Bozeman, MT 59715
    View details
    Land in Wheatland Meadows Subdivision
    $149,900
    2.79 Acres

    Land in Wheatland Meadows Subdivision

    Land for building your dream home near Three Forks, Montana.

    Wheatland Meadows Dr, Three Forks, MT 59752
    View details
    40 Acres in Faldo Farm
    $1,750,000
    40.00 Acres

    40 Acres in Faldo Farm

    Land with panoramic views near Bozeman Yellowstone International Airport.

    Spain Bridge Rd, Belgrade, MT 59714
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    Updated Duplex in Bozeman
    $1,300,000
    0.29 Acres

    Updated Duplex in Bozeman

    Updated duplex in Bozeman, close to amenities and move-in ready.

    2839 Blackbird Dr, Bozeman, MT 59718
    View details
    Belgrade Multifamily Investment Opportunity
    $1,285,000
    0.24 Acres

    Belgrade Multifamily Investment Opportunity

    Four newly built homes near Bozeman, Big Sky, and Yellowstone.

    521 E Yellowstone Ave, Belgrade, MT 59714
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    Land with Mountain Views
    $289,000
    7.35 Acres

    Land with Mountain Views

    7+ acre lot near Jefferson River with mountain views.

    Targe, Three Forks, MT 59752
    View details
    Belgrade Commercial Land I-90 Access
    $799,900
    1.52 Acres

    Belgrade Commercial Land I-90 Access

    1.52-acre commercial parcel with I-90 access in Belgrade, MT.

    Monica Ct, Belgrade, MT 59714
    View details
    7.831 Acres on Huffine Lane
    $2,698,500
    7.83 Acres

    7.831 Acres on Huffine Lane

    Development opportunity with commercial, residential, and mixed-use potential.

    8494 Huffine Ln, Bozeman, MT 59718
    View details
    Bozeman Land with Mountain Views
    $599,000
    1.45 Acres

    Bozeman Land with Mountain Views

    1.45-acre lot near Bridger Mountains, close to Bozeman.

    Cold Smoke, Bozeman, MT 59715
    View details
    High-Traffic Bozeman Commercial Redevelopment
    $2,950,000
    8,706 SF

    High-Traffic Bozeman Commercial Redevelopment

    Redevelopment opportunity in high-traffic Bozeman location near Gallatin Valley Mall.

    3100 W Main St, Bozeman, MT 59718
    View details
    Commercial Land in Bridge District
    $1,100,000
    4.66 Acres

    Commercial Land in Bridge District

    4.66-acre commercial lot in Bozeman's Bridge District.

    Brg District, Bozeman, MT 59718
    View details
    Residential Land in Flanders Mill
    $425,000
    0.29 Acres

    Residential Land in Flanders Mill

    Spacious lot with mountain views in desirable Bozeman neighborhood.

    1806 Windrow Dr, Bozeman, MT 59718
    View details
    Land in Rolling Glen Ranch
    $199,500
    5.00 Acres

    Land in Rolling Glen Ranch

    Five-acre lot with unobstructed views near Three Forks, Montana.

    Windflower, Three Forks, MT 59752
    View details
    Three Forks Land with Views
    $138,000
    3.05 Acres

    Three Forks Land with Views

    3-acre lot with mountain views near Three Forks, Montana.

    Horizon Loop, Three Forks, MT 59752
    View details
    40 Acres with Mountain Views
    Contact for pricing

    40 Acres with Mountain Views

    Breathtaking 40-acre land with unobstructed mountain views near Bozeman.

    Spain Bridge Rd, Belgrade, MT 59714
    View details
    Whitehall Tire Business - Turnkey Opportunity
    $1,375,000
    4,500 SF

    Whitehall Tire Business - Turnkey Opportunity

    Established Tire & Auto Business, High Growth Potential

    402 Pyfer St, Whitehall, MT 59759
    View details
    Gardiner Home: Yellowstone Views
    $990,000
    1,914 SF

    Gardiner Home: Yellowstone Views

    Charming Gardiner home, fully furnished, near Yellowstone.

    520 Scott St, Gardiner, MT 59030
    View details
    Versatile Commercial and Personal Space
    $300,000
    1,600 SF

    Versatile Commercial and Personal Space

    Ideal for work, relaxation, storage, hobbies, and easy commuting.

    211 Jetway Dr, Belgrade, MT 59714
    View details
    Land Available on Huffine Lane
    $2,698,500
    4,696 SF

    Land Available on Huffine Lane

    Land for sale on Huffine Lane in Bozeman, Montana.

    8494 Huffine Ln, Bozeman, MT 59718
    View details
    Land For Sale
    $2,950,000
    8,706 SF

    Land For Sale

    Land available in the Gallatin Valley Mall area.

    3100 W Main St, Bozeman, MT 59718
    View details

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    Bozeman Real Estate Group
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bozeman Real Estate Group
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