Spa & Wellness Suite with
New
For Sale
$599,900
4055 Valley Commons Drive, Bozeman, MT 59718
CommercialSale, Bozeman, MT
Property Size1,678 SF
Price / SF$357.51
Days on Market4
Property Features for 4055 Valley Commons Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BP
Parking features
Offsite
Directions
West on Huffine, right on Ferguson, and Right on Valley Commons
Subdivision
1NW - Boz N of Main/W of 19th
Standard status
Active
APN
RGG47759
Size
1,678 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST VALLEY COMMERCIAL CONDO, S10, T02 S, R05 E, BUILDING 2, UNIT G
Tax Annual Amount
6586
HOA Fee
$1,593 Quarterly
Legal Description
WEST VALLEY COMMERCIAL CONDO, S10, T02 S, R05 E, BUILDING 2, UNIT G
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
shared common-area restrooms
individual air-conditioning units
Building Details
Year built
1998
Listing Agency:
Aspire Realty
(406) 577-2520
Listed By:
Arison Antonucci-Burns · License #BRO-1487
(406) 570-0632
Added: Aug 19
Last Checked: Aug 22 at 6:06PM
MLS# 414209
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.
Unit G provides approximately 1,678 square feet of commercial space with five offices in varying sizes and a large studio suitable for wellness classes and educational activities. The layout can be adjusted, and the suite includes storage, a sink, granite countertops, cabinetry, air-conditioning, blinds, and oversized doors opening onto a covered deck with northeastern Bridger Mountain views.
Elevator service reaches the second floor, with shared common-area restrooms and more than 20 designated parking spaces, along with additional off-street parking for clients and guests. Adjacent Units F and E are also available separately, offering an expansion path to approximately 4,732 square feet and 13 additional office suites when combined with Unit G. Unit F includes reception, a waiting area, kitchenette, six treatment rooms, and storage, while Unit E adds seven offices. The property was built in 1998 and has public water and public sewer.
Elevator service reaches the second floor, with shared common-area restrooms and more than 20 designated parking spaces, along with additional off-street parking for clients and guests. Adjacent Units F and E are also available separately, offering an expansion path to approximately 4,732 square feet and 13 additional office suites when combined with Unit G. Unit F includes reception, a waiting area, kitchenette, six treatment rooms, and storage, while Unit E adds seven offices. The property was built in 1998 and has public water and public sewer.
Key Highlights
- Approximately 1,678 square feet in Unit G
- Five offices plus a spacious studio with reconfigurable layout
- Covered deck with northeastern views of the Bridger Mountains
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,684
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,680
$493.7K
Cap Rate 7%
$352,629
$352.6K
Cap Rate 9%
$274,267
$274.3K
Market Conditions
NOI Build-Up for 1,678 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.2K $21.00/SF
− Vacancy
−$2.3K −$1.39/SF
EGI
$32.9K $19.61/SF
− OpEx
−$8.2K −$4.90/SF
NOI
$24.7K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,680
Cap Rate 7%
$352,629
Cap Rate 9%
$274,267
Alternative Uses
Best Use
Office B
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.2K
$383.4K – $511.2K
NOI $30,671 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ascend Wellness: Chiropractic & Acupuncture — 3508 Laramie Dr #3, Bozeman, MT 59718
- Yellowstone Acupuncture — 3985 Valley Commons Dr, Bozeman, MT 59718
- Vitality Acupuncture - Valerie Schwankl, L.Ac. — 3985 Valley Commons Dr, Bozeman, MT 59718
- Health In Motion Physical Therapy + Wellness — 3985 Valley Commons Dr, Bozeman, MT 59718
- Restore Hyper Wellness — 1040 Fowler Ave UNIT 205, Bozeman, MT 59718
Frequently Asked Questions
What type of property is this?
Spa & wellness property - The suite offers private offices, a flexible studio, storage, and a covered deck.
Where is this spa & wellness property located?
The property is located at 4055 Valley Commons Drive Bozeman, MT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Approximately 1,678 square feet in Unit G; Five offices plus a spacious studio with reconfigurable layout; Covered deck with northeastern views of the Bridger Mountains
