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New Construction Flex Space
For Sale
$345,000

155 Bomont Lane, Belgrade, MT 59714

CommercialSale, Belgrade, MT

Property Size1,250 SF
Price / SF$276
Days on Market364

Property Features for 155 Bomont Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Directions 5250 Jackrabbit lane will show on address search. Turn East off of Jackrabbit lane onto Bomont Lane, building is tucked in behind United Rentals North yard. No access from Bartz lane.
Subdivision 3S - Belgrade Area S of I90
Standard status Active
APN 00RFF87426
Size 1,250 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 2B of the Final Plat of Minor Subdivision No. 205A, being amended plat of Lot 1A, Minor Subdivision No. 205, located in the SW 1/4 of Sec. 13, T.1 S., R. 4 E, of P.M.M., Gallatin County, Montana, according to the official plat thereof on file and of record in office of the County Clerk & ...
Tax Annual Amount 1
HOA Fee $913 Annually
Legal Description Lot 2B of the Final Plat of Minor Subdivision No. 205A, being amended plat of Lot 1A, Minor Subdivision No. 205, located in the SW 1/4 of Sec. 13, T.1 S., R. 4 E, of P.M.M., Gallatin County, Montana, according to the official plat thereof on file and of record in office of the County Clerk & ...

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 2024
Listing Agency: eXp Realty, LLC
Listed By: Shawn Olsen · License #RBS-32062
Added: Oct 7, 2025 Changed: Sep 11 Last Checked: Oct 5 at 4:06PM
MLS# 406295

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

Investment Insights

Based on property information with market context.

This 2024 commercial condominium offers 1,250 square feet of heated flex space with a 14' x 14' overhead garage door, electric opener, 6-inch concrete slab, and ceiling heights ranging from 19'-11" in the front to 16'-3" in the rear. Construction includes Energy Saver Systems insulated walls, R-40 fiberglass ceiling insulation, steel interior demising-wall siding, a concrete floor French drain, elevated sliding window, walk-through entry door, and ceiling-hung natural gas heat. The rear third is designed to accommodate an optional mezzanine. The unit does not include a bathroom and is not permitted for one.

The property is positioned along the Jackrabbit corridor between Belgrade and Four Corners, with access from Jackrabbit Lane and a stated five-minute drive to Bozeman Airport. The fully paved entrance is secured by electric gates with keypad access and a 6-foot chain-link perimeter fence topped with barbed wire. Condo association approval is required for all businesses, and the covenants prohibit marijuana businesses, engine shops, mechanic shops, and outside equipment or trailer parking.

Key Highlights

  • 2024 construction with 1,250 square feet of flex space
  • 14' x 14' overhead garage door with electric opener
  • 19'-11" front ceiling height and 16'-3" rear ceiling height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,762
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,240 $315.2K
Cap Rate 7%
$225,171 $225.2K
Cap Rate 9%
$175,133 $175.1K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$18.8K $15.00/SF
− Vacancy
−$206 −$0.17/SF
EGI
$18.5K $14.83/SF
− OpEx
−$2.8K −$2.23/SF
NOI
$15.8K $12.61/SF
Area
Gallatin County, MT
Vacancy
1.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,240
Cap Rate 7%
$225,171
Cap Rate 9%
$175,133

Alternative Uses

Best Use
Warehouse
$225.2K
$197.0K – $262.7K (±1% cap)
NOI $15,762 @ 7.0% cap · market cap 4.57%
Second Best
Flex RnD
$217.3K
$190.1K – $253.5K (±1% cap)
NOI $15,208 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$326.4K
$285.6K – $380.8K (±1% cap)
NOI $22,848 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59714, MT

22,333
Population
10,043
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
418.2 sq mi
ZIP Area
53
Density / Sq Mi
$89,217
Median Household Income
$47,587
Median Earnings
$1,558
Median Rent
$490,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Heated commercial condominium with gated entry, paved access, and adaptable workspace for approved business or storage uses.
Where is this flex space located?
The property is located at 155 Bomont Lane Belgrade, MT.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2024 construction with 1,250 square feet of flex space; 14' x 14' overhead garage door with electric opener; 19'-11" front ceiling height and 16'-3" rear ceiling height
More about this property
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