Flex Space with Oversized Garage
For Sale
Under Contract
$209,670
21 unit #24 E Weaver Lane, Red Lodge, MT 59068
CommercialSale, Red Lodge, MT
Property Size1,500 SF
Price / SF$139.78
Days on Market37
Property Features for 21 unit #24 E Weaver Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking
2
Parking features
Assigned
Subdivision
7D
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 Under Contract
APN
7017021
Size
1,500 SF
Taxes and HOA fees
Tax Description
7D SUBDIVISION, S16, T07 S, R20 E, Lot 1, ACRES 1.97, PLAT 2486 AM 1
Tax Annual Amount
4992
Legal Description
7D SUBDIVISION, S16, T07 S, R20 E, Lot 1, ACRES 1.97, PLAT 2486 AM 1
Amenities
clubhouse
wash bay
restrooms
meeting room
garage
secure fencing
gated entry
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: Sep 1
Changed: Oct 7
Last Checked: Oct 7 at 9:06PM
MLS# 361564
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 24 is a 1,500-square-foot flex space under construction, with a metal exterior and roof. Its open interior includes electrical service, lighting, two standard entry doors, and a 14-by-14-foot garage door. The development includes 27 shop units and 7 office/shop units, with customization options for individual spaces.
Shared owner amenities include a clubhouse with a wash bay, restrooms, a meeting room, and a garage. The property also has gated entry, perimeter fencing, assigned parking, and POA-paid lawn care and snow removal.
Shared owner amenities include a clubhouse with a wash bay, restrooms, a meeting room, and a garage. The property also has gated entry, perimeter fencing, assigned parking, and POA-paid lawn care and snow removal.
Key Highlights
- 1,500‑square‑foot flex space, listed as unit 24
- 14' x 14' garage door, two standard entry doors, electrical service, and lighting
- Metal siding and roofing; property is under construction with a 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,304
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,080
$246.1K
Cap Rate 7%
$175,771
$175.8K
Cap Rate 9%
$136,711
$136.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$18.9K $12.60/SF
− Vacancy
−$1.3K −$0.88/SF
EGI
$17.6K $11.72/SF
− OpEx
−$5.3K −$3.52/SF
NOI
$12.3K $8.20/SF
Area
Carbon County, MT
Vacancy
7.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,080
Cap Rate 7%
$175,771
Cap Rate 9%
$136,711
Alternative Uses
Best Use
Self Storage
$175.8K
$153.8K – $205.1K
NOI $12,304 @ 7.0% cap · market cap 5.87%
Second Best
Flex RnD
$167.3K
$146.4K – $195.2K
NOI $11,712 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$327.3K
$286.4K – $381.8K
NOI $22,910 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
34
Drive-in doors
7
Office units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
10
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 Industrial 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 - Under-construction space includes an open layout, electrical service, lighting, and access to shared owner amenities.
Where is this flex space located?
The property is located at 21 unit #24 E Weaver Lane Red Lodge, MT.
What is the asking price?
The asking price for this property is $209,670.
What are key features of this property?
This property features: 1,500‑square‑foot flex space, listed as unit 24; 14' x 14' garage door, two standard entry doors, electrical service, and lighting; Metal siding and roofing; property is under construction with a 2026 year built
