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    Commercial Land with RV Park Title is generated by Realmo AI

    1003 W Bell St, Glendive, MT 59330

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    For Sale
    $435,000

    Commercial Land - Glendive, MT

    Lot size:
    3.88 Acres
    Added:
    Mar 19, 2018
    Days on Market:
    3001
    Last Refresh:
    Jun 5 at 1:06 pm

    Property Features for 1003 W Bell St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial, Mobile Home
    Exterior features
    Borders River, Fenced- Part, Pole Barn/Building, Trees, View Of River, Views Of Makoshika St Park
    Fencing
    Fenced
    Standard status
    Active
    APN
    16-2612-35-2-03-12-0
    Lot size
    3.88 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Lisa Kjelstrup
    Lisa Kjelstrup

    Listing agent Lisa Kjelstrup

    Listing office United Country Montana Dakota Real Estate 1720 Crisafulli Drive #49, Glendive, MT

    Listing date Mar 19, 2018

    MLS# 330378 Listing URL

    Copyright © 2026 Glendive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Location next to the historic Black Bridge and Yellowstone River within Glendive city limits.
    • Expansion Potential with preliminary approval for 16 additional RV/mobile home units.
    • Income‑Generating Shop: A 42 x 54 insulated shop with multiple bays and loft, partially leased for $600/month.
    • City Utilities: Benefits from city water and sewer services.
    • Established Revenue Stream: Features 23 developed RV and mobile home spaces with existing rental income.
    • Comprehensive Amenities Included: Rent covers internet, sewer, water, and garbage removal (RV units include electricity up to $80).

    Overview

    Bridgeview Mobile Home and RV Park is located in Glendive, MT, adjacent to the historic Black Bridge and Yellowstone River. Situated within city limits, the park benefits from city water and sewer services. It features 23 developed RV and mobile home spaces. Preliminary approval has been granted for the addition of 16 units. The area for the additional units has been recently perimeter fenced and is currently used for storage, generating additional income. Mobile home units are rented for $250.00 per month, which includes internet, sewer, water, and garbage removal. RV units are rented for $350 per month, including internet, sewer, water, garbage, and electric (up to $80.00 per month electric included). The property also includes a 42 x 54 insulated shop with two bays and a loft. The shop has two walk-in doors, two 8' x 9' overhead doors, and one 22' x 12' overhead door with an electric door opener. The shop is equipped with a restroom, gas heat, floor drains, air compressor, electricity (including 220), and hot and cold running water. A portion of the shop is currently leased to a vehicle cleaning company for $600 a month. The property has a lot size of 3.88 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bridgeview Mobile Park Campground & RV Park Illusionz Detailing LLC Car Wash

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendive
    County
    Dawson
    State
    Montana
    Longitude
    -104.7260625
    Latitude
    47.1049963

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home and RV park with expansion potential in Glendive.
    Where is this mobile home & rv park located?
    The property is located at 1003 W Bell St Glendive, MT.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: Prime Location next to the historic Black Bridge and Yellowstone River within Glendive city limits.; Expansion Potential with preliminary approval for 16 additional RV/mobile home units.; Income‑Generating Shop: A 42 x 54 insulated shop with multiple bays and loft, partially leased for $600/month.
    (406) 365-7974
    We can help!
    Listing Contact
    Lisa Kjelstrup
    Lisa Kjelstrup
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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.

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