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    Great Falls Commercial Development Opportunity Title is generated by Realmo AI

    301 10th Avenue S, Great Falls, MT 59405

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    Claim this Listing
    For Sale
    $499,900

    COMMERCIAL - Great Falls, MT

    Property size:
    10,800 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $46/SF
    Added:
    Dec 19, 2025
    Days on Market:
    148
    Last Refresh:
    May 16 at 8:06 pm

    Property Features for 301 10th Avenue S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    02301512303010000
    Size
    10,800 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    GREAT FALLS ORIGINAL TOWNSITE, S12, T20 N, R03 E, BLOCK 506, Lot 014
    Tax Annual Amount
    4880

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Leo M Imperi
    Leo M Imperi

    Listing agent Leo M Imperi License #RRE-RBS-LIC-53226

    Listing office Keller Williams Northern MT 202 2nd Ave S Ste 201, Helena, MT

    Listing date Dec 19, 2025

    MLS# 30062228 Listing URL

    Copyright © 2026 Montana Regional 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

    • High‑visibility location on 10th Ave S with 32,654 AADT
    • 10,800 sq ft development opportunity
    • Flexible C‑2 commercial zoning allowing for a wide range of uses
    • Existing utilities in place
    • Close proximity to Holiday Village Mall, major retailers, and hospitality services
    • First privately owned lot on the northside of 10th Ave S after Warden Bridge

    Overview

    This property presents an exceptional development opportunity in Great Falls, Montana, featuring 10,800 square feet of land. The site is ideally situated on 10th Avenue South, a high-visibility thoroughfare with an average annual daily traffic count of 32,654 vehicles. The property benefits from flexible C-2 commercial zoning, which allows for a wide range of uses and adaptable building options. Existing utilities are in place. Formerly a vehicle maintenance shop, the parcel includes one remaining garage structure. The location is the first privately owned lot on the north side of 10th Avenue South after the Warden Bridge, ensuring excellent exposure. The site is conveniently close to Holiday Village Mall, major retailers, and hospitality services. Possible access is available from 2nd Street South with approval from MDOT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Complete Wheel Alignment ... Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • AAA MountainWest – Great Falls (13th Street South) — 1219 13th st s, great falls, mt 59404
    • MARS of Great Falls LLC — 1224 19th Ave S, Great Falls, MT 59405
    • Big O Tires — 1117 7th St S, Great Falls, MT 59405
    • Dooley's Diabolical Diesel — 2012 13th St S, Great Falls, MT 59405
    • Mike's Window Tinting & Auto — 804 13th Ave S, Great Falls, MT 59405

    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.3024874
    Latitude
    47.4944834

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    FAQs

    What type of property is this?
    Auto shop - High-visibility commercial land for development in Great Falls, Montana.
    Where is this auto shop located?
    The property is located at 301 10th Avenue S Great Falls, MT.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: High‑visibility location on 10th Ave S with 32,654 AADT; 10,800 sq ft development opportunity; Flexible C‑2 commercial zoning allowing for a wide range of uses
    (406) 750-9503
    We can help!
    Listing Contact
    Leo M Imperi
    Leo M Imperi
    Real Estate License ID: RRE-RBS-LIC-53226
    Learn More
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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
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