Seven-Suite Office
New
For Sale
$575,000
4050 Valley Commons Drive, Bozeman, MT 59718
CommercialSale, Bozeman, MT
Property Size1,421 SF
Price / SF$404.64
Days on Market6
Property Features for 4050 Valley Commons Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BP
Directions
West on Huffine, Right on Ferguson and Right on Valley Commons
Subdivision
1NW - Boz N of Main/W of 19th
Standard status
Active
APN
RGG47757
Size
1,421 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST VALLEY COMMERCIAL CONDO, S10, T02 S, R05 E, BUILDING 2, UNIT E
Tax Annual Amount
5441
HOA Fee
$1,349 Quarterly
Legal Description
WEST VALLEY COMMERCIAL CONDO, S10, T02 S, R05 E, BUILDING 2, UNIT E
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
storage closet with washer and dryer hook-ups
kitchenette
air conditioning
blinds
water hook-ups
waiting area
shared common-area restrooms
Building Details
Year built
1998
Listing Agency:
Aspire Realty
(406) 577-2520
Listed By:
Arison Antonucci-Burns · License #BRO-1487
(406) 570-0632
Added: Aug 26
Last Checked: Aug 31 at 4:06AM
MLS# 414395
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit E is a 1,421-square-foot office suite arranged with seven offices of varying sizes, including three with north-facing mountain views. The space also provides a waiting area, kitchenette, storage closet, washer and dryer hookups, central air conditioning, blinds, and water connections in select offices for sinks. Each suite has its own air-conditioning unit, and the property includes elevator service to the second floor and shared common-area restrooms.
The office property was built in 1998 and is served by public water and public sewer. Heating is provided by forced air and natural gas. More than 20 designated parking spaces are available on site, supplemented by off-street parking for clients and guests. Exterior improvements have recently been completed, while interior work is underway in the HOA-managed property.
The office property was built in 1998 and is served by public water and public sewer. Heating is provided by forced air and natural gas. More than 20 designated parking spaces are available on site, supplemented by off-street parking for clients and guests. Exterior improvements have recently been completed, while interior work is underway in the HOA-managed property.
Key Highlights
- 1,421‑square‑foot Unit E office suite
- 7 offices with varied layouts and 3 north‑facing mountain‑view windows
- Waiting area, kitchenette, storage closet, and washer and dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,904
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$418,080
$418.1K
Cap Rate 7%
$298,629
$298.6K
Cap Rate 9%
$232,267
$232.3K
Market Conditions
NOI Build-Up for 1,421 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.8K $21.00/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$27.9K $19.61/SF
− OpEx
−$7.0K −$4.90/SF
NOI
$20.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$418,080
Cap Rate 7%
$298,629
Cap Rate 9%
$232,267
Alternative Uses
Best Use
Office B
$298.6K
$261.3K – $348.4K
NOI $20,904 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.1K
$324.7K – $432.9K
NOI $25,974 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
584
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor professional suite with private work areas, client waiting space, kitchenette, and dedicated parking.
Where is this office units located?
The property is located at 4050 Valley Commons Drive Bozeman, MT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,421‑square‑foot Unit E office suite; 7 offices with varied layouts and 3 north‑facing mountain‑view windows; Waiting area, kitchenette, storage closet, and washer and dryer hookups
