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

    754 River Rock Dr Helena, MT 59602

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Centrally located office space with natural light and parking.

    Property size:
    34,371 SF
    Lot size:
    2.35 Acres

    Property Features for 754 River Rock Dr

    General Information

    Standard status
    Active
    Size
    34,371 SF
    Lot size
    2.35 Acres

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Kathy Brown
    Source: Exitrealty

    Listing Agency: Keller Williams Capital Realty Listing Agent: Kathy Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Class A Office Space Available

    This Class A office space is centrally located off Custer Ave. The property features tall ceilings and large windows that provide expansive views and natural light. An open floor plan and a private office are included. The space is ADA accessible. Additional space is located on the second level. Complimentary parking is available. The building is energy efficient. CAMS are $9.71 per square foot per year. The property size is 34371 square feet.
    Location Intelligence

    Current Use by Public Records

    Northrop Grumman Marketing & Advertising Sanderson Stewart - A Sanderson ... General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.0294235
    Latitude
    46.6185739

    Nearby Similar for Lease

    • New
      $2,175 /Mo
      3,180 SF

      Helena Commercial Suite For Rent

      737SF commercial suite with two offices and private bath.
      2 N Last Chance Gulch, Helena, MT 59601
      View Details
    • $2,450 /Mo

      Downtown Helena Office Suite

      Historic building with nine private offices and mountain views.
      32 S Ewing St, Helena, MT 59601
      View Details
    • $19 SF/Yr
      40,598 SF

      Helena Office Suite For Lease

      Office suite in Helena's medical park, ideal for medical use.
      2626 Winne Ave, Helena, MT 59601
      View Details
    • $25 SF/Yr
      27,878 SF

      Prime Office Space Available

      3,200 SF office space with flexible terms for rent.
      2001 11Th Ave, Helena, MT 59601
      View Details
    • $1,495 /Mo
      14,418 SF

      Move-in Ready Office Suite

      761 SF office suite with utilities included, convenient location.
      1361 Elm St, Helena, MT 59601
      View Details
    • $18 SF/Yr

      Historic Montana Club Retail/Office Space

      Iconic downtown building with unique leasing opportunity.
      300 Fuller Ave, Helena, MT 59601
      View Details
    • $1,700 /Mo

      Downtown Helena Commercial Space Available

      Commercial space in the heart of Downtown Helena for lease.
      7 N Last Chance Gulch, Helena, MT 59601
      View Details
    • New
      $800 /Mo
      462,825,000 SF

      Office Space For Rent

      Office space available with high visibility and ample parking.
      629 Helena Ave, Helena, MT 59601
      View Details
    • $1,385 /Mo

      Sought After Office Location

      Office space available now in the Great Northern Town Center.
      40 W 14Th St, Helena, MT 59601
      View Details
    • $18 SF/Yr
      5,880 SF

      Class A Office Space

      5,880 SF Class A office space for lease.
      3390 Colton Dr, Helena, MT 59602
      View Details
    • $9 SF/Yr
      3,000 SF

      Renovated Office Suites in Helena

      Affordable, renovated office suites in downtown Helena with pending improvements.
      534 N Last Chance Gulch, Helena, MT 59601
      View Details
    • $2,200 /Mo
      146 SF

      East Valley Private Office Space

      Comfortable office space in a growing east valley location.
      3156 Tancy Dr, Helena, MT 59602
      View Details

    FAQs

    What type of property is this?
    Office units - Centrally located office space with natural light and parking.
    Where is this office units located?
    The property is located at 754 River Rock Dr Helena, MT.
    What are key features of this property?
    This property features: - Centrally located off Custer Ave.; - Class A office space.; - Tall ceilings, large windows, expansive views, and lots of natural light.
    (406) 449-2181
    Request Owner's contact information
    754 River Rock Dr Helena, MT 59602
    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.
    754 River Rock Dr
    Helena, MT 59602
    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
    754 River Rock Dr Helena, MT 59602
    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
    Kathy Brown
    Real Estate License ID: RRE-RBS-LIC-70986
    (406) 449-2181
    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!