Fenced Warehouse with Dock
1487 Royal Road 1, Belgrade, MT 59714
For Sale
Contact for pricing
Open warehouse configuration with office space, restrooms, secure storage, mezzanine capacity, and extensive loading access.
Property Size20,160 SF
Lot Size5.50 Acres
Price / SF$0.00
Days on Market49
Property Features for 1487 Royal Road 1
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Fenced Yard
Warehouse & Industrial
Clear Height
Warehouse Space
Dock-High Doors
Amenities
secure room
Listing Agency:
Starner Commercial Real Estate
(406) 586-0302
Listed By:
Tom Starner · License #BRO-12265
(406) 539-0717
Source:
Montanarootsrealty
Added: Sep 22
Changed: Nov 4
Last Checked: Nov 8 at 5:24AM
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 Starner Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 20,160-square-foot warehouse is arranged primarily as open industrial space measuring approximately 140 feet by 144 feet. The building includes a front office, two restrooms, a secured rear room with keypad entry, and an overhead mezzanine for additional storage. Existing floor-to-ceiling shelving may remain. Ceiling clearance varies from 23 feet to 28 feet, supporting a range of warehouse and distribution operations.
Seven dock-high overhead doors provide loading access at multiple points throughout the building. The property sits on a 5.5-acre lot that is fully fenced, with room for parking or outdoor yard functions. Its position just off Amsterdam Road adds convenient access for warehouse users and distribution activity.
Seven dock-high overhead doors provide loading access at multiple points throughout the building. The property sits on a 5.5-acre lot that is fully fenced, with room for parking or outdoor yard functions. Its position just off Amsterdam Road adds convenient access for warehouse users and distribution activity.
Key Highlights
- 20,160 SF warehouse with approximately 140' x 144' of open space
- Seven dock‑high overhead doors
- 23'-28' ceiling height range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$209,352
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,187,040
$4.2M
Cap Rate 7%
$2,990,743
$3.0M
Cap Rate 9%
$2,326,133
$2.3M
Market Conditions
NOI Build-Up for 20,160 SF
Gross rent
$302.4K $15.00/SF
− Vacancy
−$3.3K −$0.17/SF
EGI
$299.1K $14.83/SF
− OpEx
−$89.7K −$4.45/SF
NOI
$209.4K $10.38/SF
Area
Gallatin County, MT
Vacancy
1.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,187,040
Cap Rate 7%
$2,990,743
Cap Rate 9%
$2,326,133
Alternative Uses
Best Use
Warehouse
$3.63M
$3.18M – $4.24M
NOI $254,213 @ 7.0% cap · market cap 2,118,441.67%
Second Best
Industrial
$2.99M
$2.62M – $3.49M
NOI $209,352 @ 7.0% cap · market cap 1,744,600.00%
Theoretical Best
Office A
$5.26M
$4.61M – $6.14M
NOI $368,493 @ 7.0% cap · market cap 3,070,775.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
28 ft
Clear height
7
Dock-high doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59714, MT
22,333
Population
10,043
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
418.2 sq mi
ZIP Area
53
Density / Sq Mi
$89,217
Median Household Income
$47,587
Median Earnings
$1,558
Median Rent
$490,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Belgrade, MT
Properties on Market for Warehouses in Belgrade
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- AutoConcierge — 136 Countryside Ln, Belgrade, MT 59714
- Always Open Storage — 154 Countryside Ln, Belgrade, MT 59714
- Acme Storage — 2431 Amsterdam Rd, Belgrade, MT 59714
- Bridger View Storage — 455 High K St, Belgrade, MT 59714
- Silver Eagle Storage — 240 N River Rock Dr, Belgrade, MT 59714
Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse configuration with office space, restrooms, secure storage, mezzanine capacity, and extensive loading access.
Where is this warehouse located?
The property is located at 1487 Royal Road 1 Belgrade, MT.
What are key features of this property?
This property features: 20,160 SF warehouse with approximately 140' x 144' of open space; Seven dock‑high overhead doors; 23'-28' ceiling height range
