Professional Office
1800 W Koch Street, Bozeman, MT 59715
For Sale
Contact for pricing
Open work areas, private offices, and a conference room support a mix of focused and collaborative office work.
Property Size7,263 SF
Price / SF$349.99
Days on Market12
Property Features for 1800 W Koch Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Starner Commercial Real Estate
Listed By:
Tom Starner · License #RRE-BRO-LIC-12265
(406) 539-0717
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 4:46PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional office building contains approximately 7,263 square feet, with an open cubicle area, five private offices, and a dedicated conference room. The mix of shared and enclosed space provides several work settings within one building, and on-site parking is available. B-1 zoning is also noted for the property.
The building is in central Bozeman, near the Law and Justice Center, with access to South 19th Avenue, Main Street, downtown Bozeman, and Montana State University. The surrounding area includes professional offices and other businesses.
The building is in central Bozeman, near the Law and Justice Center, with access to South 19th Avenue, Main Street, downtown Bozeman, and Montana State University. The surrounding area includes professional offices and other businesses.
Key Highlights
- Approximately 7,263 SF of office space
- Open cubicle workspace, five private offices, and a conference room
- B‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,842
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,840
$2.1M
Cap Rate 7%
$1,526,314
$1.5M
Cap Rate 9%
$1,187,133
$1.2M
Market Conditions
NOI Build-Up for 7,263 SF
Gross rent
$152.5K $21.00/SF
− Vacancy
−$10.1K −$1.39/SF
EGI
$142.5K $19.61/SF
− OpEx
−$35.6K −$4.90/SF
NOI
$106.8K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,840
Cap Rate 7%
$1,526,314
Cap Rate 9%
$1,187,133
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $106,842 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,756 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,325
Businesses Nearby
Explore this area
Business Placement
Demographics for 59715, MT
37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Open work areas, private offices, and a conference room support a mix of focused and collaborative office work.
Where is this office building located?
The property is located at 1800 W Koch Street Bozeman, MT.
What is the asking price?
The asking price for this property is $2,542,000.
What are key features of this property?
This property features: Approximately 7,263 SF of office space; Open cubicle workspace, five private offices, and a conference room; B‑1 zoning
