Flex Space with
For Sale
$344,900
14 unit #7 W Weaver Lane, Red Lodge, MT 59068
CommercialSale, Red Lodge, MT
Property Size2,268 SF
Price / SF$152.07
Days on Market38
Property Features for 14 unit #7 W Weaver Lane
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Parking
20
Parking features
Parking Lot
Subdivision
7D
Lot features
Alley
Directions
Head out of Red Lodge on Highway 78 towards Roscoe and turn onto Weaver Lane near the semi-truck trailer sign with elevation storage on the side.
Standard status
Active
APN
7017021
Size
2,268 SF
Taxes and HOA fees
Tax Description
7D SUBDIVISION, S16, T07 S, R20 E, Lot 2, ACRES 1.63, PLAT 2486 AM 1
Tax Annual Amount
4992
Legal Description
7D SUBDIVISION, S16, T07 S, R20 E, Lot 2, ACRES 1.63, PLAT 2486 AM 1
Amenities
clubhouse
wash bay
restrooms
meeting room
garage
lawn and snow removal
Building Details
Year built
2026
Floors in Building
1
Building materials
MetalSiding, Steel
Roof type
Metal
Listing Agency:
Coldwell Banker The Brokers RL · Coldwell Banker Real Estate
(406) 446-3001
Listed By:
Jacob Skatvold · License #RRE-RBS-LIC-127733
(218) 443-4005
Added: Aug 31
Changed: Oct 7
Last Checked: Oct 7 at 11:06PM
MLS# 361583
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit #7 at Elevation Storage is a 2,268-square-foot flex property under construction, with completion indicated for 2026. The development includes connected shop units with attached office space. Unit features described for the development include an open floor plan, multiple office rooms, a kitchen, a bathroom, and steel wall panels and roofing.
Owners have access to a shared clubhouse with a wash bay, restrooms, a meeting room, and a garage. The property also has parking lot access, and lawn care and snow removal are covered by the POA.
Owners have access to a shared clubhouse with a wash bay, restrooms, a meeting room, and a garage. The property also has parking lot access, and lawn care and snow removal are covered by the POA.
Key Highlights
- 2,268‑square‑foot flex property
- Under construction; year built listed as 2026
- Development includes connected 30' x 50' shops and attached 24' x 32' office units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,862
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,240
$497.2K
Cap Rate 7%
$355,171
$355.2K
Cap Rate 9%
$276,244
$276.2K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$39.5K $17.40/SF
− Vacancy
−$6.3K −$2.78/SF
EGI
$33.1K $14.62/SF
− OpEx
−$8.3K −$3.65/SF
NOI
$24.9K $10.96/SF
Area
Carbon County, MT
Vacancy
16.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,240
Cap Rate 7%
$355,171
Cap Rate 9%
$276,244
Alternative Uses
Best Use
Office B
$355.2K
$310.8K – $414.4K
NOI $24,862 @ 7.0% cap · market cap 7.21%
Second Best
Flex RnD
$253.0K
$221.4K – $295.1K
NOI $17,708 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$494.9K
$433.0K – $577.4K
NOI $34,641 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59068, MT
3,670
Population
2,967
Households
1.2
Avg Household Size
52
Median Age
47%
College-Educated
99%
High-School Grad
520.9 sq mi
ZIP Area
7
Density / Sq Mi
$63,704
Median Household Income
$33,293
Median Earnings
$795
Median Rent
$413,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The under-construction unit includes workspace and office areas, with shared clubhouse amenities available to owners.
Where is this flex space located?
The property is located at 14 unit #7 W Weaver Lane Red Lodge, MT.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: 2,268‑square‑foot flex property; Under construction; year built listed as 2026; Development includes connected 30' x 50' shops and attached 24' x 32' office units
