Listing Agency: H BAR S Real Estate Show Phone

Listed By: Rene Turnbull · License #RRE-RBS-LIC-99200 Show Phone

Source: Mymontanahomestead

Added: Oct 4 Last Checked: Oct 4 at 2:25PM

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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 H BAR S Real Estate

Investment Insights

Based on property information with market context.

This Bearcreek commercial land holding comprises 11 lots with an older residence, a former ice cream shop, and two sheds. Both buildings are being offered as-is, providing an existing built component alongside the land. The property is on Main Street along the main highway and is near Red Lodge.

Key Highlights

• 11 lots in Bearcreek
• Includes an older residence and a former ice cream shop; both structures are sold as‑is
• Two sheds on the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,893

Cap Rate

3.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,860 $217.9K

Cap Rate 7%

$155,614 $155.6K

Cap Rate 9%

$121,033 $121.0K

Market Conditions

NOI Build-Up for 1,064 SF

Gross rent

$16.0K $15.00/SF

− Vacancy

−$399 −$0.38/SF

EGI

$15.6K $14.63/SF

− OpEx

−$4.7K −$4.39/SF

NOI

$10.9K $10.24/SF

Area

Carbon County, MT

Vacancy

2.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,860

Cap Rate 7%

$155,614

Cap Rate 9%

$121,033

Alternative Uses

Best Use

Retail

$155.6K

$136.2K – $181.6K (±1% cap)

NOI $10,893 @ 7.0% cap · market cap 3.82%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$232.2K

$203.1K – $270.9K (±1% cap)

NOI $16,251 @ 7.0% cap · market cap 5.70%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Restaurant

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

11

Businesses Nearby

Explore this area Business Placement

Demographics for 59007, MT

105

Population

55

Households

1.9

Avg Household Size

38

Median Age

39%

College-Educated

100%

High-School Grad

31.7 sq mi

ZIP Area

3

Density / Sq Mi

$110,250

Median Household Income

$907

Median Rent

$200,000

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - The property spans 11 lots and includes a residence, a former ice cream shop, and two sheds.

Where is this commercial land located?

The property is located at 123 Main Street Bearcreek, MT.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: 11 lots in Bearcreek; Includes an older residence and a former ice cream shop; both structures are sold as‑is; Two sheds on the property