Office Suite with Private
New
For Sale
Contact for pricing
37 Spanish Peak, Bozeman, MT 59718
A reception area and flexible interior layout support a range of professional workspace configurations.
Property Size1,080 SF
Price / SF$0.02
Days on Market2
Property Features for 37 Spanish Peak
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
Garage: Common
Common
Listing Agency:
Starner Commercial Real Estate
Listed By:
Sunny Odegard · License #BRO-63608
(406) 570-4931
Source:
Clearwaterproperties
Added: Oct 30
Last Checked: Oct 30 at 3:25PM
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 1,080-square-foot office suite at 37 Spanish Peak includes three enclosed offices, an open reception area, and a reception counter. The layout can accommodate added workstations, a conference area, or a more open workspace. The gross lease includes landscaping, snow removal, water, and sewer; electricity, gas, and internet are separately metered. The space is available for immediate occupancy.
The property is at the Four Corners intersection, where daily traffic exceeds 18,000 vehicles. Bozeman, Belgrade, and Gallatin Gateway are minutes away. Food service, restaurants, cannabis- or drug-related businesses, and tattoo studios are excluded from consideration.
The property is at the Four Corners intersection, where daily traffic exceeds 18,000 vehicles. Bozeman, Belgrade, and Gallatin Gateway are minutes away. Food service, restaurants, cannabis- or drug-related businesses, and tattoo studios are excluded from consideration.
Key Highlights
- 1,080 SF office suite with three private offices
- Open reception area with a dedicated counter
- Layout can support workstations, a conference area, or open workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,887
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,740
$317.7K
Cap Rate 7%
$226,957
$227.0K
Cap Rate 9%
$176,522
$176.5K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$22.7K $21.00/SF
− Vacancy
−$1.5K −$1.39/SF
EGI
$21.2K $19.61/SF
− OpEx
−$5.3K −$4.90/SF
NOI
$15.9K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,740
Cap Rate 7%
$226,957
Cap Rate 9%
$176,522
Alternative Uses
Best Use
Office B
$227.0K
$198.6K – $264.8K
NOI $15,887 @ 7.0% cap · market cap 88,261.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.0K
$246.8K – $329.0K
NOI $19,741 @ 7.0% cap · market cap 109,672.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area and flexible interior layout support a range of professional workspace configurations.
Where is this office unit located?
The property is located at 37 Spanish Peak Bozeman, MT.
What are key features of this property?
This property features: 1,080 SF office suite with three private offices; Open reception area with a dedicated counter; Layout can support workstations, a conference area, or open workspace
