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    For Sale (28)

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    Helena Land with Mountain Views
    $224,900
    4.18 Acres

    Helena Land with Mountain Views

    4+ acre parcel with well, electricity, and panoramic views.

    181 N Hill Rd, Helena, MT 59602
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    Land with Cabin in Helena
    $325,000
    2.64 Acres

    Land with Cabin in Helena

    2.64 acres with cabin near Rimini Road, Helena, MT.

    Rimini Rd, Helena, MT 59601
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    Commercial Land in Mountain View Meadows
    $335,000
    0.59 Acres

    Commercial Land in Mountain View Meadows

    Two commercial lots in Helena's Mountain View Meadows.

    3695 Alice St, Helena, MT 59601
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    Buildable Lot with Mountain Views
    $220,000
    5.10 Acres

    Buildable Lot with Mountain Views

    5.10 acre lot near Helena with utilities available.

    291 S Hills Rd, Clancy, MT 59634
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    Land with Mountain Views
    $319,000
    4.38 Acres

    Land with Mountain Views

    Residential land bordering BLM land near Helena, Montana.

    Ramrock Rd, Clancy, MT 59634
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    Cardwell, MT Multi-Family Investment
    $390,000
    1.01 Acres

    Cardwell, MT Multi-Family Investment

    Two-unit property with remodeled interiors and mountain views.

    54 State Hwy 359, Cardwell, MT 59721
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    Helena, MT Commercial Corner Lot
    $300,000
    0.29 Acres

    Helena, MT Commercial Corner Lot

    Prime commercial corner lot in Helena, suitable for various businesses.

    7-8 Argyle St, Helena, MT 59601
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    Prime Commercial Land in Helena
    $699,000
    0.49 Acres

    Prime Commercial Land in Helena

    High-traffic commercial land with utilities in place, ready to build.

    2216 N Montana Ave, Helena, MT 59601
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    Prime Commercial Lot in Helena
    $1,365,000
    1.22 Acres

    Prime Commercial Lot in Helena

    Outstanding commercial lot in a prime location, ready to build.

    1311 N Montana Ave, Helena, MT 59601
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    New Construction Duplex Near Lake
    $895,000
    1.00 Acre

    New Construction Duplex Near Lake

    Modern duplex near Canyon Ferry Lake, ideal for investment.

    19 Berry Ln, Townsend, MT 59644
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    Helena, MT Commercial Land
    $335,000
    0.59 Acres

    Helena, MT Commercial Land

    Two 0.59 acre commercial lots in Mountain View Meadows.

    3703 Alice St, Helena, MT 59601
    View details
    Helena Commercial Lot For Sale
    $144,900
    0.16 Acres

    Helena Commercial Lot For Sale

    High-exposure commercial lot in expanding downtown Helena area.

    2000 N Last Chance Gulch, Helena, MT 59601
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    Land Near Public Land
    $299,900
    3.38 Acres

    Land Near Public Land

    3.38-acre property near public land with mountain views.

    Pole Crk Rd, Winston, MT 59647
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    Land Bordering BLM Near Helena
    $359,000
    5.25 Acres

    Land Bordering BLM Near Helena

    5.25-acre lot with views, boulders, and trees near Helena.

    Ramrock Rd, Clancy, MT 59634
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    Land Bordering BLM Near Helena
    $434,000
    7.34 Acres

    Land Bordering BLM Near Helena

    7.342-acre lot with views, boulders, and trees near Helena.

    Ramrock Rd, Clancy, MT 59634
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    Land Bordering BLM Land
    $269,000
    3.23 Acres

    Land Bordering BLM Land

    Residential land with views and bordering BLM land.

    Ramrock Rd, Clancy, MT 59634
    View details
    Helena Land for Mobile Homes
    $195,000
    1.27 Acres

    Helena Land for Mobile Homes

    1.27-acre lot suitable for mobile and modular homes.

    1145 Terrence Rd, Helena, MT 59602
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    Montana Land Near Deer Lodge
    $599,000
    3.38 Acres

    Montana Land Near Deer Lodge

    3.38-acre lot for dream home or retreat near Deer Lodge.

    704 Flint Vw Rd, Deer Lodge, MT 59722
    View details
    Butte Buildable City Lot
    $80,000
    0.19 Acres

    Butte Buildable City Lot

    0.19 acres of peaceful potential in a quiet neighborhood.

    1801 Yale Ave, Butte, MT 59701
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    Subdividable Land in Growing Community
    $2,200,000
    243.57 Acres

    Subdividable Land in Growing Community

    243.57 acres of subdividable land in East Helena, Montana.

    5812 Spokane Ranch Rd, East Helena, MT 59635
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    10-Acre Mixed-Use Property Available
    Contact for pricing

    10-Acre Mixed-Use Property Available

    Mixed-use property with four buildings, long-term leases, and growth potential.

    2823 Airport Rd, Helena, MT 59601
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    Commercial Lots in Mountain View Meadows
    Contact for pricing

    Commercial Lots in Mountain View Meadows

    Two commercial lots in a newly platted area.

    3695 Alice St, Helena, MT 59601
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    Helena Investment Opportunity with Development Potential
    Contact for pricing
    13,457 SF

    Helena Investment Opportunity with Development Potential

    Three leased buildings, one available, plus 6.8 acres for development.

    2823 Airport Rd, Helena, MT 59601
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    3703 Alice Street, Helena, MT 59601
    Contact for pricing

    3703 Alice Street, Helena, MT 59601

    Commercial land

    3703 Alice St, Helena, MT 59601
    View details
    Subdividable Land in Growing Community
    Contact for pricing

    Subdividable Land in Growing Community

    243.57 acres of subdividable land in East Helena, Montana.

    5812 Spokane Ranch Rd, East Helena, MT 59635
    View details
    Commercial Lots in Mountain View Meadows
    $335,000

    Commercial Lots in Mountain View Meadows

    Two commercial lots available in Mountain View Meadows.

    3695 Alice St, Helena, MT 59601
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    Commercial Land in Mountain View
    $335,000

    Commercial Land in Mountain View

    Two commercial lots in a newly platted area.

    3703 Alice St, Helena, MT 59601
    View details
    10-Acre Property with Income Potential
    $5,350,000

    10-Acre Property with Income Potential

    10-acre property with four buildings, long-term leases, and growth potential.

    2823 Airport Rd, Helena, MT 59601
    View details

    For Lease (8)

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    Helena Office Building Near Airport
    $22 SF/Yr

    Helena Office Building Near Airport

    Well-maintained office building with flexible lease options near airport.

    2831 Airport Rd, Helena, MT 59601
    View details
    Well-Maintained Office Building Near Airport
    $22 SF/Yr

    Well-Maintained Office Building Near Airport

    Helena office building with flexible lease options near the airport.

    2831 Airport Rd Unit, Helena, MT 59601
    View details
    Well-Maintained Office Building Near Airport
    $22 SF/Yr

    Well-Maintained Office Building Near Airport

    Office building near Helena Regional Airport with flexible lease options.

    2831 Airport Rd Unit, Helena, MT 59601
    View details
    Commercial Space Near I-15 Exit
    $23 SF/Yr
    43,473 SF

    Commercial Space Near I-15 Exit

    High-visibility commercial space suitable for retail, office, or coffee shop.

    3 Microwave Hill Rd, Montana City, MT 59634
    View details
    Montana City Landmark Commercial Space
    $23 SF/Yr
    43,473 SF

    Montana City Landmark Commercial Space

    Unique commercial landmark with high visibility and flexible layouts.

    3 Microwave Hill Rd, Montana City, MT 59634
    View details
    Commercial Space Near I-15 Exit
    $23 SF/Yr
    43,473 SF

    Commercial Space Near I-15 Exit

    Office space with high visibility near Helena-Clancy corridor.

    3 Microwave Hill Rd, Montana City, MT 59634
    View details
    Helena Executive Office Space
    $11 SF/Yr
    5,000 SF

    Helena Executive Office Space

    Prime Helena Office, 5,000 sq ft

    2831 Airport Rd, Helena, MT 59601
    View details
    Helena Executive Office Space
    $138 SF/Yr
    5,000 SF

    Helena Executive Office Space

    Prime Helena Office: 5,000 SF, 10 Acres

    2831 Airport Rd, Helena, MT 59601
    View details

    Leases and Sales on Map

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    Century 21 Heritage
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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
    Century 21 Heritage
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