High-Quality Industrial Property in
1202 E Railroad St Laurel, MT 59044
1202 E Railroad St, Laurel, MT, 59044
$3,900,000
For Sale
$3,900,000
Versatile industrial property with interstate frontage and modern construction.
Property Size24,200 SF
Lot Size5.00 Acres
Price / SF$161.16
Days on Market69
Property Features for 1202 E Railroad St
General Information
- Standard status
- Active
- Size
- 24,200 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2016
Listing agency
NAI Business Properties
(406) 672-2698
Listed by
Drew Smith CCIM · License #MT #14070
(406) 672-2698
Source
Naiglobal
Added: May 14 Updated: Jul 10 at 1:36PM Checked: Jul 21 at 8:20AM
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 NAI Business Properties
Investment Insights
Based on property information with market context.
Located at 1202 East Railroad Street in Laurel, Montana, this industrial property offers a versatile opportunity for industrial or commercial operations. The property is situated on a 5-acre lot and features prime interstate frontage, providing excellent visibility. A paved parking lot is available for staff and visitors. The main building, constructed in 2016, spans 24,200 square feet and is equipped with a sprinkler system. An additional 9,000-square-foot building is also present on the site. The construction includes high side walls and dual bridge cranes. Clean office space is available. The property also features a large fenced wareyard. The property benefits from industrial zoning.
Key Highlights
- Prime interstate frontage location with excellent visibility.
- 24,200 SF main building and 9,000 SF second building on a 5‑acre site.
- Dual 5‑ton bridge cranes.
Local Financial Insights For Industrial
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 | $217.8k | $9.00 |
| − Vacancy | −$9.8k | −$0.41 |
| EGI | $208.0k | $8.59 |
| − OpEx | −$62.4k | −$2.58 |
| NOI | $145.6k | $6.02 |
24,200 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.08M
$1.82M – $2.43M
NOI $145,599 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.26M
$4.60M – $6.13M
NOI $367,995 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
four corners
Apartment Building
LFM Fiberglass Structures
Factory
Fiberglass Structures Inc. ...
Factory
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FAQs
What type of property is this?
Industrial property - Versatile industrial property with interstate frontage and modern construction.
Where is this industrial property located?
The property is located at 1202 E Railroad St Laurel, MT.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Prime interstate frontage location with excellent visibility.; 24,200 SF main building and 9,000 SF second building on a 5‑acre site.; Dual 5‑ton bridge cranes.
