Six-Unit Light Industrial
For Sale
$1,750,000
6065 - 6073 US Hwy 93 N, Olney, MT 59927
CommercialSale, Olney, MT
Property Size18,000 SF
Lot Size3.99 Acres
Price / SF$95.36
Days on Market481
Property Features for 6065 - 6073 US Hwy 93 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Scenic Corridor
Lot features
Level
Elementary school district
District No. 44
Middle school district
District No. 44
High school district
District No. 44
Directions
From Whitefish: 13 miles along US 93 North. Located on the west side of Highway 93 and just before the County Green Box site on the opposite side of the Highway.
Standard status
Active
APN
07440234301010000
Size
18,352 SF
Lot size
3.99 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 2 Logan Heights, S34, T32 N, R23 W
Tax Annual Amount
10278
Legal Description
Lot 2 Logan Heights, S34, T32 N, R23 W
Utilities
Sewer type
Private Sewer, Septic Tank
Cooling system
Wall Unit(s)
Water source
Well
Building Details
Year built
1982
Number of units
6
Building materials
MetalSiding, WoodFrame
Listing Agency:
PureWest Real Estate - Whitefish
(406) 862-4900
Listed By:
David Oberlitner · License #RRE-RBS-LIC-14479
(406) 212-1007
Added: Jun 27, 2025
Changed: Oct 20
Last Checked: Oct 20 at 12:06PM
MLS# 30052855
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 18,352-square-foot light industrial building contains six units and is fully leased to six tenants. Five tenants operate cannabis-related businesses, including three cultivation operations, an edible products manufacturer, and a testing laboratory; the remaining tenant manufactures injection-molded plastics. Built in 1982, the property has metal siding and a wood-frame structure, with wall-unit cooling.
Six separately metered 75 kVA, 480V three-phase electrical services serve the building. The 3.99-acre property is supplied by a well and has septic and private sewer systems. Land use is subject to US Highway 93 Scenic Corridor zoning; no other zoning regulations or applicable covenants are identified.
Six separately metered 75 kVA, 480V three-phase electrical services serve the building. The 3.99-acre property is supplied by a well and has septic and private sewer systems. Land use is subject to US Highway 93 Scenic Corridor zoning; no other zoning regulations or applicable covenants are identified.
Key Highlights
- 18,352‑square‑foot, six‑unit light industrial building on 3.99 acres
- Fully leased to six tenants: five cannabis‑related businesses and one injection‑molded plastics manufacturer
- Tenant mix includes three grow operations, an edible manufacturer, and a testing laboratory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,415
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,208,300
$2.2M
Cap Rate 7%
$1,577,357
$1.6M
Cap Rate 9%
$1,226,833
$1.2M
Market Conditions
NOI Build-Up for 18,352 SF
Gross rent
$165.2K $9.00/SF
− Vacancy
−$7.4K −$0.41/SF
EGI
$157.7K $8.59/SF
− OpEx
−$47.3K −$2.58/SF
NOI
$110.4K $6.02/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,208,300
Cap Rate 7%
$1,577,357
Cap Rate 9%
$1,226,833
Alternative Uses
Best Use
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,415 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $286,820 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 59927, MT
413
Population
180
Households
2.3
Avg Household Size
51
Median Age
43%
College-Educated
100%
High-School Grad
194.2 sq mi
ZIP Area
2
Density / Sq Mi
$58,750
Median Household Income
$33,611
Median Earnings
$528,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Six separately metered power services support a multi-tenant industrial property on a nearly four-acre site.
Where is this industrial property located?
The property is located at 6065 - 6073 US Hwy 93 N Olney, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 18,352‑square‑foot, six‑unit light industrial building on 3.99 acres; Fully leased to six tenants: five cannabis‑related businesses and one injection‑molded plastics manufacturer; Tenant mix includes three grow operations, an edible manufacturer, and a testing laboratory
