Listing Agency: Century 21 Hometown Brokers Show Phone

Listed By: Mark Dawson · License #RRE-BRO-LIC-8164 Show Phone

Source: Mymontanahomestead

Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:40AM

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Investment Insights

Based on property information with market context.

At 2253 S 16th Road in Ballantine, this mixed-use property combines a convenience store and fuel pumps with a laundromat and car wash. Lodging is provided by a four-room motel, while a mobile home court includes mobile homes. The property also includes a lease for the US Post Office building.

Key Highlights

• Convenience store with gas pumps
• Includes a laundromat and car wash
• Four‑room motel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,784

Cap Rate

4.67%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$555,680 $555.7K

Cap Rate 7%

$396,914 $396.9K

Cap Rate 9%

$308,711 $308.7K

Market Conditions

NOI Build-Up for 1,896 SF

Gross rent

$38.0K $20.04/SF

− Vacancy

−$950 −$0.50/SF

EGI

$37.0K $19.54/SF

− OpEx

−$9.3K −$4.88/SF

NOI

$27.8K $14.65/SF

Area

Yellowstone County, MT

Vacancy

2.50%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$555,680

Cap Rate 7%

$396,914

Cap Rate 9%

$308,711

Alternative Uses

Best Use

Specialty Retail

$396.9K

$347.3K – $463.1K (±1% cap)

NOI $27,784 @ 7.0% cap · market cap 4.67%

Second Best

Retail

$259.4K

$227.0K – $302.6K (±1% cap)

NOI $18,156 @ 7.0% cap · market cap 3.05%

Theoretical Best

Office A

$411.9K

$360.4K – $480.5K (±1% cap)

NOI $28,831 @ 7.0% cap · market cap 4.85%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Tiger Town Gas Station ATM (Tiger Town) Atm

Suggested Use

Top Pick Plumbing Service Auto Parts Store Storage Facility Kitchen & Bath Showroom Veterinary Clinic Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 59006, MT

937

Population

504

Households

1.9

Avg Household Size

41

Median Age

9%

College-Educated

91%

High-School Grad

61.8 sq mi

ZIP Area

15

Density / Sq Mi

$47,670

Median Household Income

$43,750

Median Earnings

$852

Median Rent

$240,800

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - The property brings together convenience retail, lodging, vehicle services, and residential use.

Where is this mixed-use property located?

The property is located at 2253 S 16th Road Ballantine, MT.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Convenience store with gas pumps; Includes a laundromat and car wash; Four‑room motel