Automotive Shop with Overhead
29 Wheatland Road, Three Forks, MT 59752
For Sale
$1,300,000
Steel commercial facility with flexible shop, office, storage, and covered exterior areas for automotive operations.
Property Size6,855 SF
Price / SF$189.64
Days on Market51
Property Features for 29 Wheatland Road
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
AmeriMont Real Estate
(406) 995-2404
Listed By:
Ethan Stokes · License #BRO-80118
(406) 579-1989
Source:
Outlaw
Added: Sep 20
Changed: Sep 30
Last Checked: Nov 8 at 3:40AM
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 AmeriMont Real Estate
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Investment Insights
Based on property information with market context.
Built in 2024, this automotive property occupies 1.5 acres and includes an approximately 6,000-square-foot steel building with 18-foot sidewalls. The 60-by-100-foot structure has a 6-inch fiber-reinforced concrete slab, four 12-by-12-foot manual overhead doors, and two 12-by-16-foot manual overhead doors. An attached 10-by-100-foot carport provides approximately 1,000 additional square feet of covered space.
The main level includes a customer lobby and reception area, private office, shop and work area, storage, and separate customer and employee restrooms that are plumbed and ready for completion. Upstairs space is sheetrocked and plumbed for a 3/4 bathroom, with potential for offices, a break room, living quarters, storage, or other complementary uses subject to applicable approvals. The property is currently operated as a tire shop with a month-to-month tenant interested in continuing occupancy. A well is present, but the building is not connected to it, and water functionality and capacity have not been established. Located at 29 Wheatland Road in Three Forks, Montana, the facility also supports potential contractor, equipment, fabrication, warehousing, storage, and other commercial uses.
The main level includes a customer lobby and reception area, private office, shop and work area, storage, and separate customer and employee restrooms that are plumbed and ready for completion. Upstairs space is sheetrocked and plumbed for a 3/4 bathroom, with potential for offices, a break room, living quarters, storage, or other complementary uses subject to applicable approvals. The property is currently operated as a tire shop with a month-to-month tenant interested in continuing occupancy. A well is present, but the building is not connected to it, and water functionality and capacity have not been established. Located at 29 Wheatland Road in Three Forks, Montana, the facility also supports potential contractor, equipment, fabrication, warehousing, storage, and other commercial uses.
Key Highlights
- 1.5‑acre automotive property in Three Forks, Montana
- Approximately 6,000 SF steel building constructed in 2024
- 60' x 100' building with 18' sidewalls and a 6" fiber‑reinforced concrete slab
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,440
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,728,800
$1.7M
Cap Rate 7%
$1,234,857
$1.2M
Cap Rate 9%
$960,444
$960.4K
Market Conditions
NOI Build-Up for 6,855 SF
Gross rent
$102.8K $15.00/SF
− Vacancy
−$1.1K −$0.17/SF
EGI
$101.7K $14.83/SF
− OpEx
−$15.3K −$2.23/SF
NOI
$86.4K $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%
$1,728,800
Cap Rate 7%
$1,234,857
Cap Rate 9%
$960,444
Alternative Uses
Best Use
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,440 @ 7.0% cap · market cap 6.65%
Second Best
Flex RnD
$1.19M
$1.04M – $1.39M
NOI $83,400 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,298 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 59752, MT
4,535
Population
2,101
Households
2.2
Avg Household Size
40
Median Age
26%
College-Educated
97%
High-School Grad
403.7 sq mi
ZIP Area
11
Density / Sq Mi
$82,228
Median Household Income
$46,573
Median Earnings
$1,218
Median Rent
$426,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Ron's Diesel Repair & Towing — 10769 US-287, Three Forks, MT 59752
- Thompson Mechanics & Repair — 17 Stockyard Ln, Three Forks, MT 59752
- Tim's Diesel & Auto Repair Inc — 20 Wheatland Rd, Three Forks, MT 59752
Frequently Asked Questions
What type of property is this?
Auto shop - Steel commercial facility with flexible shop, office, storage, and covered exterior areas for automotive operations.
Where is this auto shop located?
The property is located at 29 Wheatland Road Three Forks, MT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1.5‑acre automotive property in Three Forks, Montana; Approximately 6,000 SF steel building constructed in 2024; 60' x 100' building with 18' sidewalls and a 6" fiber‑reinforced concrete slab
