Search
For Sale
$1,300,000

29 Wheatland Rd, Three Forks, MT 59752

Steel commercial building with vehicle-accessible shop space, office areas, storage, and an attached covered carport.

Property Size6,855 SF
Lot Size1.50 Acres
Price / SF$189.64
Days on Market31

Property Features for 29 Wheatland Rd

General Information

Standard status Active
Property type Auto shops, Automotive properties, Retail properties & Spaces, Flex space, Industrial properties, Warehouses, Other warehouses, Commercial real estate
Size 6,855 SF
Lot size 1.50 Acres

Building Details

Year Built 2024
Listed By: Hubert Blaine Wolfeschlegelsteinhausenbergerdorf
Added: Sep 18 Changed: Sep 24
Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,440
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,728,800 $1.7M
Cap Rate 7%
$1,234,857 $1.2M
Cap Rate 9%
$960,444 $960.4K
Market Conditions
NOI Build-Up for 6,855 SF
Gross rent
$102.8K $15.00/SF
− Vacancy
−$1.1K −$0.17/SF
EGI
$101.7K $14.83/SF
− OpEx
−$15.3K −$2.23/SF
NOI
$86.4K $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%
$1,728,800
Cap Rate 7%
$1,234,857
Cap Rate 9%
$960,444

Alternative Uses

Best Use
Warehouse
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,440 @ 7.0% cap · market cap 6.65%
Second Best
Flex RnD
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,400 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,298 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Townsend Tire in Three ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Tanning Salon Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59752, MT

4,535
Population
2,101
Households
2.2
Avg Household Size
40
Median Age
26%
College-Educated
97%
High-School Grad
403.7 sq mi
ZIP Area
11
Density / Sq Mi
$82,228
Median Household Income
$46,573
Median Earnings
$1,218
Median Rent
$426,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Ron's Diesel Repair & Towing — 10769 US-287, Three Forks, MT 59752
  • Thompson Mechanics & Repair — 17 Stockyard Ln, Three Forks, MT 59752
  • Tim's Diesel & Auto Repair Inc — 20 Wheatland Rd, Three Forks, MT 59752

Frequently Asked Questions

What type of property is this?
Auto shop - Steel commercial building with vehicle-accessible shop space, office areas, storage, and an attached covered carport.
Where is this auto shop located?
The property is located at 29 Wheatland Rd Three Forks, MT.
What is the asking price?
The asking price for this property is $1,300,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again