Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    48 Pronghorn Trl, Unit B Bozeman, MT 59718

    Sponsored
    For Lease
    $15 SF/Yr ($2,812 /Mo)

    COMMERCIAL - Bozeman, MT

    Property size:
    2,250 SF
    Days on Market:
    11
    Last Refresh:
    Feb 28 at 4:06 pm

    Property Features for 48 Pronghorn Trl

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    https://svc.mt.gov/msl/cadastral/?page=Map&geocode
    Size
    2,250 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Karl Cook

    Gene Cook Real Estate (406) 586-0302

    Listing agent Karl Cook (406) 586-0302 License #BRO-80106

    Listing date Feb 18, 2026

    MLS# 408761

    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.

    Learn more

    Property Insight Report

    Overview

    Functional Warehouse Space in Bozeman

    This 2,250 sq. ft. open warehouse space in Bozeman, MT, is designed for practical use and efficient workflow, making it ideal for contractors, trades, or service businesses. The layout provides ample room for equipment, materials, storage, or shop operations. It includes a 10' x 12' overhead door for easy loading and vehicle access, along with two man doors for daily entry. The space features an ADA-compliant bathroom and 10 on-site parking spaces suitable for work trucks, trailers, or outdoor storage. Located at 48 Pronghorn Trail unit: B, Bozeman, MT 59718, the owner is open to contributing toward tenant improvements, offering flexibility to build out the space to suit operational needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy Hotel & Motel

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

    Similar Places Nearby

    My Storage LLC

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.18318
    Latitude
    45.68445

    Nearby Similar for Lease

    • New
      $24 SF/Yr
      1,218 SF

      Bozeman Office Space Available

      Office space featuring reception area, offices, and conference room.
      1001 W Oak St, Bozeman, MT 59715
      View Details
    • $22 SF/Yr
      1,187 SF

      Bozeman Office Space Available

      Office space available in Bozeman, MT, starting 2/1/25.
      1165 N 14Th Ave, Bozeman, MT 59715
      View Details
    • $28 SF/Yr
      970 SF

      Bozeman Commercial Condo For Rent

      Well-located commercial condo with excellent visibility and functional layout.
      2149 Durston Rd, Bozeman, MT 59718
      View Details
    • $23 SF/Yr
      3,140 SF

      Bozeman Office Space For Rent

      Well-maintained office space in excellent location, suitable for professional use.
      517 S 22Nd Ave, Bozeman, MT 59718
      View Details
    • $15 SF/Yr
      1,757 SF

      Downtown Bozeman Basement Retail Space

      Basement retail space in downtown Bozeman, suitable for gym/office.
      9 E Main St, Bozeman, MT 59715
      View Details
    • $50 SF/Yr
      1,927 SF

      Downtown Bozeman Retail Space Available

      Prime ground floor retail space in the heart of Downtown Bozeman.
      9 E Main St, Bozeman, MT 59715
      View Details
    • $30 SF/Yr
      Pending

      East Main Street Office Space

      Shell condition office space ready for buildout near Downtown.
      1101 E Main St, Bozeman, MT 59715
      View Details
    • $25 SF/Yr
      3,592 SF

      Class A Office Space Downtown

      Class A office space in downtown Bozeman with modern amenities.
      106 E Babcock St, Bozeman, MT 59715
      View Details
    • $24 SF/Yr
      4,715 SF

      Bozeman Office Space For Rent

      Conveniently located office space with private offices and open workspace.
      1283 N 14Th Ave, Bozeman, MT 59715
      View Details
    • $7,350 /Mo
      4,410 SF

      Downtown Bozeman Office Space

      Prime office space in downtown Bozeman's Range Building.
      222 E Main St, Bozeman, MT 59715
      View Details
    • $1,440 /Mo
      864 SF

      Downtown Bozeman Office Space

      Office space in downtown Bozeman near First Security Bank.
      222 E Main St, Bozeman, MT 59715
      View Details
    • $15 SF/Yr
      2,205 SF

      Four Corners Warehouse Space Available

      2,205 SF warehouse with office in Bozeman's Four Corners.
      252 Shepherd Trl, Bozeman, MT 59718
      View Details

    FAQs

    What type of property is this?
    Warehouse - 2,250 sq ft warehouse ideal for contractors/trades in Bozeman.
    Where is this warehouse located?
    The property is located at 48 Pronghorn Trl, Unit B Bozeman, MT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - 2,250 sq. ft. open warehouse space ideal for contractors, trades, or service businesses.; - 10' x 12' overhead door for easy loading and vehicle access.; - 10 on-site parking spaces suitable for work trucks, trailers, or outdoor storage.
    (406) 595-4506
    Request Owner's contact information
    48 Pronghorn Trl, Unit B Bozeman, MT 59718
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    48 Pronghorn Trl, Unit B
    Bozeman, MT 59718
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    48 Pronghorn Trl, Unit B Bozeman, MT 59718
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Karl Cook
    Real Estate License ID: BRO-80106
    (406) 595-4506 (406) 586-0302
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!