Flex Industrial Building with
New
For Sale
$849,900
2531 Dodge, Helena, MT 59601
A fenced gravel yard, dedicated office area and three-phase power complement the shop space.
Property Size4,300 SF
Lot Size0.45 Acres
Price / SF$197.65
Days on Market3
Property Features for 2531 Dodge
General Information
Standard status
Active
Size
4,300 SF
Lot size
0.45 Acres
Property subtype
Commercial
Zoning
CLM
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
10 ft
Office Build-Out
455 SF
Drive-In Doors
1
Three-Phase Power
Yes
Additional Details
Asking Price
$849,900
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$7,144
Building Details
Year Built
1976
Year Renovated
2026
Buildings
1
Stories
1
Building Size
4,300 SF
Construction
concrete block
Listing Agency:
Coldwell Banker Commercial Green & Green
Listed By:
Tyler D Warne · License #98724
(406) 465-9936
Source:
Clearwaterproperties
Added: Nov 4
Last Checked: Nov 4 at 1:47PM
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 Coldwell Banker Commercial Green & Green
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Investment Insights
Based on property information with market context.
This 4,300-square-foot flex building occupies a 0.445-acre parcel at 2531 Dodge Ave in Helena. The concrete block structure dates to 1976 and was renovated in 2026. Inside, 455 square feet are configured as office space, alongside a shop with 10-foot ceilings and a grade-level overhead door. A fenced, predominantly gravel yard provides exterior space for equipment, vehicles or materials. The property is zoned CLM.
The site is just off North Montana Avenue, along a retail corridor, and offers quick access to I-15. Three-phase power serves the building, with the yard and shop providing a mix of indoor and outdoor workspace.
The site is just off North Montana Avenue, along a retail corridor, and offers quick access to I-15. Three-phase power serves the building, with the yard and shop providing a mix of indoor and outdoor workspace.
Key Highlights
- 4,300 SF building on a 0.445‑acre lot
- 455 SF of office space and shop ceilings measuring 10 ft
- Grade‑level overhead door and 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,571
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,420
$771.4K
Cap Rate 7%
$551,014
$551.0K
Cap Rate 9%
$428,567
$428.6K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$64.5K $15.00/SF
− Vacancy
−$5.2K −$1.20/SF
EGI
$59.3K $13.80/SF
− OpEx
−$20.8K −$4.83/SF
NOI
$38.6K $8.97/SF
Area
Lewis and Clark County, MT
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,420
Cap Rate 7%
$551,014
Cap Rate 9%
$428,567
Alternative Uses
Best Use
Flex RnD
$551.0K
$482.1K – $642.9K
NOI $38,571 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$359.9K
$314.9K – $419.9K
NOI $25,194 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
10 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 59601, MT
30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Marci's Catering — 1710 national ave, helena, mt 59601
- Rockstarr BBQ — 2125 N Last Chance Gulch Suite 2, Helena, MT 59601
- Chili O'Briens Catering — 2605 N Roberts St, Helena, MT 59601
Frequently Asked Questions
What type of property is this?
Flex space - A fenced gravel yard, dedicated office area and three-phase power complement the shop space.
Where is this flex space located?
The property is located at 2531 Dodge Helena, MT.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 4,300 SF building on a 0.445‑acre lot; 455 SF of office space and shop ceilings measuring 10 ft; Grade‑level overhead door and 3‑phase power
