Belgrade Warehouse Near
1102 Jackrabbit Lane Unit 1 Belgrade, MT 59714
1102 Jackrabbit Lane Unit 1, Belgrade, MT, 59714
$489,260
Pending
For Sale
$489,260
Pending
Modern warehouse near Bozeman Airport, suitable for diverse commercial uses.
Property Size1,439 SF
Days on Market769
Property Features for 1102 Jackrabbit Lane Unit 1
General Information
- Standard status
- Pending
- Size
- 1,439 SF
- Property subtype
- Condo
Building Details
- Year Built
- 2024
Listing agency
Berkshire Hathaway HomeServices Montana Properties
(406) 586-7676
Listed by
Berkshire Hathaway · License #RBS-46320
Source
Xome
Added: Jun 13, 2024 Updated: Jul 10 at 11:27AM Checked: Jul 21 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Montana Properties
Investment Insights
Based on property information with market context.
This commercial warehouse is strategically located in North Belgrade, near the Bozeman Yellowstone International Airport, with a direct route to Big Sky and minutes from the interstate. The modern, insulated, and heated metal structure features 18-foot ceilings and a large 14'x14' garage door, making it suitable for various commercial uses, including trade businesses, retail operations, and storage of large vehicles and recreational equipment. Designed for low maintenance and high efficiency, this 1439-square-foot commercial condo offers convenience and practicality. It represents an investment opportunity in the fast-growing Belgrade sector, serving as a crucial hub for those needing expansive warehouse space near Bozeman.
Key Highlights
- Prime location near Bozeman Yellowstone International Airport and direct route to Big Sky.
- Seller financing available at 4.5% interest for 5 years with 25% down (subject to credit approval).
- Modern, insulated, and heated metal structure built in 2024.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $15.00 |
| − Vacancy | −$237 | −$0.17 |
| EGI | $21.3k | $14.83 |
| − OpEx | −$3.2k | −$2.23 |
| NOI | $18.1k | $12.61 |
1,439 SF · lease $15.00/SF/yr · vacancy 1.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$259.2K
$226.8K – $302.4K
NOI $18,145 @ 7.0% cap · market cap 3.71%
Second Best
Industrial
$213.5K
$186.8K – $249.1K
NOI $14,943 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$375.8K
$328.8K – $438.4K
NOI $26,303 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Montana Self Storage — 697 E Cameron Bridge Rd, Bozeman, MT 59718
- Big Sky Self Storage — 5102 Jackrabbit Ln, Belgrade, MT 59714
FAQs
What type of property is this?
Warehouse - Modern warehouse near Bozeman Airport, suitable for diverse commercial uses.
Where is this warehouse located?
The property is located at 1102 Jackrabbit Lane Unit 1 Belgrade, MT.
What is the asking price?
The asking price for this property is $489,260.
What are key features of this property?
This property features: Prime location near Bozeman Yellowstone International Airport and direct route to Big Sky.; Seller financing available at 4.5% interest for 5 years with 25% down (subject to credit approval).; Modern, insulated, and heated metal structure built in 2024.
