Flex Unit in Mixed-Use
1828 Amsterdam, Belgrade, MT 59714
For Sale
Contact for pricing
Last remaining flex unit offers flexible buildout and TI options in a retail-office shop mix off Amsterdam Rd.
Property Size990 SF
Price / SF$0.02
Days on Market151
Property Features for 1828 Amsterdam
General Information
Standard status
Size
Property subtype
Amenities
Garage: Common
Common
Listing Agency:
McKenna Adams Commercial
Listed By:
Marley McKenna · License #MT RRERBS71811
(406) 544-9004
Source:
Clearwaterproperties
Added: Jun 12
Changed: Aug 15
Last Checked: Sep 15 at 7:43AM
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 McKenna Adams Commercial
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Investment Insights
Based on property information with market context.
This is the last remaining flex unit available within the development, designed to support a range of tenant types. The space can be adapted through flexible build out, and tenant improvements (TI) options are available to help accommodate different operating requirements. The development’s current tenant mix includes uses such as salons, retail, office, and shop space.
The property is located off Amsterdam Rd, where the center benefits from plenty of traffic and visibility. This setting can be useful for operators who want direct exposure to passing customers while maintaining a flexible, multi-use environment.
For tenants or buyers seeking a versatile space, this offering provides a practical path to tailor the unit to an intended concept, with TI support noted as an option. The availability of flexible configuration makes it particularly relevant for businesses looking for a space that can serve retail-adjacent needs while also supporting office or service uses within the same development.
The property is located off Amsterdam Rd, where the center benefits from plenty of traffic and visibility. This setting can be useful for operators who want direct exposure to passing customers while maintaining a flexible, multi-use environment.
For tenants or buyers seeking a versatile space, this offering provides a practical path to tailor the unit to an intended concept, with TI support noted as an option. The availability of flexible configuration makes it particularly relevant for businesses looking for a space that can serve retail-adjacent needs while also supporting office or service uses within the same development.
Key Highlights
- Last remaining flex unit in the development with flexible buildout options
- Tenant improvements (TI) options available for the space
- Located off Amsterdam Rd in a retail‑office shop space mix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,281
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,620
$205.6K
Cap Rate 7%
$146,871
$146.9K
Cap Rate 9%
$114,233
$114.2K
Market Conditions
NOI Build-Up for 990 SF
Gross rent
$14.9K $15.00/SF
− Vacancy
−$163 −$0.17/SF
EGI
$14.7K $14.83/SF
− OpEx
−$4.4K −$4.45/SF
NOI
$10.3K $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%
$205,620
Cap Rate 7%
$146,871
Cap Rate 9%
$114,233
Alternative Uses
Best Use
Flex RnD
$172.1K
$150.6K – $200.8K
NOI $12,045 @ 7.0% cap · market cap 66,916.67%
Second Best
Retail
$165.7K
$145.0K – $193.4K
NOI $11,601 @ 7.0% cap · market cap 64,450.00%
Theoretical Best
Office A
$258.5K
$226.2K – $301.6K
NOI $18,096 @ 7.0% cap · market cap 100,533.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Under-served
Demand for This Use
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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 Flex space in Belgrade, MT
Properties on Market for Flex space in Belgrade
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Last remaining flex unit offers flexible buildout and TI options in a retail-office shop mix off Amsterdam Rd.
Where is this flex space located?
The property is located at 1828 Amsterdam Belgrade, MT.
What are key features of this property?
This property features: Last remaining flex unit in the development with flexible buildout options; Tenant improvements (TI) options available for the space; Located off Amsterdam Rd in a retail‑office shop space mix
