Warehouse Unit with Open
New
For Sale
Contact for pricing
212 Shepherd, Bozeman, MT 59718
The two-level office area includes three offices and a restroom alongside the warehouse workspace.
Property Size2,260 SF
Price / SF$0.01
Days on Market3
Property Features for 212 Shepherd
General Information
Standard status
Active
Size
2,260 SF
Property subtype
Commercial
Additional Details
Clear Height
17 ft
Property Use
Warehouse
Amenities
Garage: Common
Common
Listing Agency:
Starner Commercial Real Estate
Listed By:
Sunny Odegard · License #BRO-63608
(406) 570-4931
Source:
Clearwaterproperties
Added: Oct 23
Last Checked: Oct 24 at 7:05PM
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 warehouse unit offers 2,260 square feet, with an open shop area and 17-foot ceilings. A 14-foot overhead door provides access to the shop. Office space includes one office on the main level and two on the second level, with one restroom serving the unit.
Parking stalls are available in front of the unit and along Shepherd Trail in Bozeman.
Parking stalls are available in front of the unit and along Shepherd Trail in Bozeman.
Key Highlights
- 2,260‑square‑foot warehouse unit
- Open shop area with 17‑foot ceilings
- One 14‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,498
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,960
$570.0K
Cap Rate 7%
$407,114
$407.1K
Cap Rate 9%
$316,644
$316.6K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$33.9K $15.00/SF
− Vacancy
−$373 −$0.17/SF
EGI
$33.5K $14.83/SF
− OpEx
−$5.0K −$2.23/SF
NOI
$28.5K $12.61/SF
Area
Gallatin County, MT
Vacancy
1.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,960
Cap Rate 7%
$407,114
Cap Rate 9%
$316,644
Alternative Uses
Best Use
Warehouse
$407.1K
$356.2K – $475.0K
NOI $28,498 @ 7.0% cap · market cap 189,986.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.1K
$516.4K – $688.5K
NOI $41,309 @ 7.0% cap · market cap 275,393.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
17 ft
Clear height
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Bozeman Portable Storage — 135 Hideaway Dr, Bozeman, MT 59718
- 4 corner storage — 88 Old Milwaukee Dr, Bozeman, MT 59718
- Storage Rentals of America — 26 Old Milwaukee Dr, Bozeman, MT 59718
Frequently Asked Questions
What type of property is this?
Warehouse - The two-level office area includes three offices and a restroom alongside the warehouse workspace.
Where is this warehouse located?
The property is located at 212 Shepherd Bozeman, MT.
What are key features of this property?
This property features: 2,260‑square‑foot warehouse unit; Open shop area with 17‑foot ceilings; One 14‑foot overhead door
