Two-Building Flex
2134 & 2150 Industrial Drive, Bozeman, MT 59715
For Sale
Contact for pricing
Combined office, warehouse, and yard-storage improvements support a range of commercial operations.
Property Size13,128 SF
Price / SF$0.00
Days on Market54
Property Features for 2134 & 2150 Industrial Drive
General Information
Standard status
Size
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Additional Details
Outdoor Storage
Building Details
Buildings
Listing Agency:
McKenna Adams Commercial
(406) 587-0792
Listed By:
Katie Adams · License MT RRE-BRO-LIC-56423
(406) 581-7562
Source:
Montanarootsrealty
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 12 at 6:32AM
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 flex-space offering includes two buildings at 2134 and 2150 Industrial Drive. The primary building contains 9,876 SF of warehouse and office area, with an open warehouse, high ceilings, a grade-level overhead door, and a loading dock. Its two levels of finished office space include a showroom, private offices, conference rooms, and kitchenettes. The second building contributes 3,400 SF of open warehouse space along with yard storage and a large overhead door.
The properties are located just off Griffin Drive in Bozeman city limits and provide adjacent operating, storage, and office components. The configuration places front-facing office and showroom functions in one building while offering additional warehouse and yard capacity next door.
The properties are located just off Griffin Drive in Bozeman city limits and provide adjacent operating, storage, and office components. The configuration places front-facing office and showroom functions in one building while offering additional warehouse and yard capacity next door.
Key Highlights
- 9,876 SF primary building with warehouse and two levels of finished office space
- 3,400 SF secondary warehouse with adjacent yard storage
- Primary building includes a loading dock and grade‑level overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,328
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,726,560
$2.7M
Cap Rate 7%
$1,947,543
$1.9M
Cap Rate 9%
$1,514,756
$1.5M
Market Conditions
NOI Build-Up for 13,128 SF
Gross rent
$196.9K $15.00/SF
− Vacancy
−$2.2K −$0.17/SF
EGI
$194.8K $14.83/SF
− OpEx
−$58.4K −$4.45/SF
NOI
$136.3K $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%
$2,726,560
Cap Rate 7%
$1,947,543
Cap Rate 9%
$1,514,756
Alternative Uses
Best Use
Warehouse
$2.36M
$2.07M – $2.76M
NOI $165,541 @ 7.0% cap
Second Best
Flex RnD
$2.28M
$2.00M – $2.66M
NOI $159,719 @ 7.0% cap
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $239,959 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Well-served
Demand for This Use
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
$755,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Bozeman, MT
Properties on Market for Flex space in Bozeman
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Ryan La Foley-Private Chef Inc — 505 Bond St, Bozeman, MT 59715
- J Lake Chef — 614 W Griffin Dr Suite B, Bozeman, MT 59715
Frequently Asked Questions
What type of property is this?
Flex space - Combined office, warehouse, and yard-storage improvements support a range of commercial operations.
Where is this flex space located?
The property is located at 2134 & 2150 Industrial Drive Bozeman, MT.
What are key features of this property?
This property features: 9,876 SF primary building with warehouse and two levels of finished office space; 3,400 SF secondary warehouse with adjacent yard storage; Primary building includes a loading dock and grade‑level overhead door
