4-Unit Office
113 S 19TH AVE, Bozeman, MT 59718
For Sale
Contact for pricing
Four office units provide a multi-suite configuration for professional occupancy.
Property Size2,815 SF
Price / SF$337.48
Days on Market8
Property Features for 113 S 19TH AVE
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Property Use
Listing Agency:
Berkshire Hathaway HomeServices Montana Properties
Listed By:
Dennis Erickson · License MT RRE-BRO-LIC7271
(406) 579-8967
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 4:48AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office property contains four units across 2,815 square feet. It is located at 113 S 19th Ave in Bozeman, Montana.
Key Highlights
- Four office units
- 2,815 SF
- 113 S 19th Ave, Bozeman, MT
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,410
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,200
$828.2K
Cap Rate 7%
$591,571
$591.6K
Cap Rate 9%
$460,111
$460.1K
Market Conditions
NOI Build-Up for 2,815 SF
Gross rent
$59.1K $21.00/SF
− Vacancy
−$3.9K −$1.39/SF
EGI
$55.2K $19.61/SF
− OpEx
−$13.8K −$4.90/SF
NOI
$41.4K $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 Rate 5%
$828,200
Cap Rate 7%
$591,571
Cap Rate 9%
$460,111
Alternative Uses
Best Use
Office B
$591.6K
$517.6K – $690.2K
NOI $41,410 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$735.1K
$643.2K – $857.6K
NOI $51,454 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
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
$579,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Bozeman, MT
Properties on Market for Office Units in Bozeman
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Four office units provide a multi-suite configuration for professional occupancy.
Where is this office unit located?
The property is located at 113 S 19TH AVE Bozeman, MT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four office units; 2,815 SF; 113 S 19th Ave, Bozeman, MT
