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Insulated Warehouse Condo with Door
For Sale
$472,550

1102 Jackrabbit Lane Unit 3, Belgrade, MT 59714

Modern, fully insulated and heated warehouse condo with 18-foot ceilings and a 14-by-14 overhead garage door.

Property Size1,454 SF
Price / SF$325
Days on Market122

Property Features for 1102 Jackrabbit Lane Unit 3

General Information

Standard status Active
Size 1,454 SF
Zoning MU

Building Details

Building Size 1,454 SF
Year Built 2024
Listing Agency: Berkshire Hathaway - Bozeman
Listed By: Nicole Taranto · License #RBS-46320
Source: Purewestrealestate
Added: Jul 3 Changed: Oct 26 Last Checked: Nov 1 at 2:20AM

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 - Bozeman

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This modern commercial warehouse condo features a fully insulated and heated metal building designed for efficient, low-maintenance use. The space includes 18-foot ceilings and an oversized 14-by-14 overhead garage door, providing practical flexibility for a range of commercial and industrial storage or operational needs.

Located in Belgrade, the property is described as minutes from Bozeman Yellowstone International Airport and I-90, with convenient access to the route toward Big Sky.

The unit is positioned for owner users and investors seeking a warehouse layout with straightforward access through a large overhead door and clear vertical clearance.

Key Highlights

  • 2024‑built modern commercial warehouse condo in North Belgrade
  • Fully insulated and heated metal building
  • 18‑foot ceilings and an oversized 14‑by‑14 overhead garage door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,335
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,700 $366.7K
Cap Rate 7%
$261,929 $261.9K
Cap Rate 9%
$203,722 $203.7K
Market Conditions
NOI Build-Up for 1,454 SF
Gross rent
$21.8K $15.00/SF
− Vacancy
−$240 −$0.17/SF
EGI
$21.6K $14.83/SF
− OpEx
−$3.2K −$2.23/SF
NOI
$18.3K $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%
$366,700
Cap Rate 7%
$261,929
Cap Rate 9%
$203,722

Alternative Uses

Best Use
Warehouse
$261.9K
$229.2K – $305.6K (±1% cap)
NOI $18,335 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.7K
$332.2K – $443.0K (±1% cap)
NOI $26,577 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Electrical Service Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

91
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59714, MT

22,333
Population
10,043
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
418.2 sq mi
ZIP Area
53
Density / Sq Mi
$89,217
Median Household Income
$47,587
Median Earnings
$1,558
Median Rent
$490,000
Median Home Value

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

  • Big Sky Self Storage — 5102 Jackrabbit Ln, Belgrade, MT 59714
  • Montana Self Storage — 697 E Cameron Bridge Rd, Bozeman, MT 59718

Frequently Asked Questions

What type of property is this?
Warehouse - Modern, fully insulated and heated warehouse condo with 18-foot ceilings and a 14-by-14 overhead garage door.
Where is this warehouse located?
The property is located at 1102 Jackrabbit Lane Unit 3 Belgrade, MT.
What is the asking price?
The asking price for this property is $472,550.
What are key features of this property?
This property features: 2024‑built modern commercial warehouse condo in North Belgrade; Fully insulated and heated metal building; 18‑foot ceilings and an oversized 14‑by‑14 overhead garage door
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Includes: Price & PSF · Cap rate · Location · Zoning

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