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    Commercial Flex Warehouse Building Title is generated by Realmo AI

    822 N Sargent, Glendive, MT 59330

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    For Sale
    $1,550,000

    Commercial Building - Glendive, MT

    Property size:
    24,000 SF
    Lot size:
    1.25 Acres
    Price / SF:
    $64/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 822 N Sargent

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Flooring- Vinyl, Vaulted Ceilings
    Exterior features
    Outdoor Lighting, Close Access To Highway
    Standard status
    Active
    APN
    16-2612-25-3-02-02-0
    Size
    24,000 SF
    Lot size
    1.25 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas, Radiant
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Jiselle Heyen

    Listing agent Jiselle Heyen

    Listing office eXp Realty LLC 1205 S Main St #335, Kalispell, MT

    Listing date Jun 4, 2026

    MLS# 331448 Listing URL

    Copyright © 2026 Glendive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑building commercial property in Glendive totaling over 24,000 SF, with storage, showroom, office, and shop space.
    • Warehouse ~15,744 SF with 12' clearance to rafters and 24' peak height; oversized access with seven 12' x 12' doors and four 10' x 12' doors.
    • Main building ~9,024 SF featuring a 6,528 SF showcase room with vinyl gravity flooring and polished concrete, plus office and heated shop/storage.
    • Heated space: warehouse ~2,404 SF and main building heated area ~4,176 SF; main building also includes heated storage and a 2,160 SF lean‑to cold storage section.
    • Roof and construction: brick buildings with EPDM/rubber roofing and slab foundation; heating includes central air, radiant, and forced air, plus 220‑volt service.
    • Utilities are separately metered; additional included vacant lot ~0.243 acres (irregular L‑shaped). Owner open to separating buildings; each listed at $850,000.

    Overview

    This sale offers a versatile commercial facility with two substantial buildings totaling over 24,000 SF, arranged to support storage, showroom presentation, and light industrial or shop activity. The warehouse area is approximately 15,744 SF and provides 12' clearance to the rafters, a 24' peak height, and oversized access with seven 12' x 12' doors and four 10' x 12' doors. It includes approximately 2,404 SF of heated space with a bathroom and an office. The main building is approximately 9,024 SF and features a 6,528 SF showcase room with vinyl gravity flooring and polished concrete, plus office space, a heated shop, heated storage with two bathrooms, a breakroom, and a 2,160 SF lean-to cold storage section with exterior access. The roof is EPDM, and the foundation is slab.

    Located at 822 N Sargent in Glendive, Montana, the property includes a separately included vacant lot of approximately 0.243 acres with an irregular L-shaped configuration. Three 12' x 12' front-facing doors add convenient building functionality. Utilities are separately metered, with central air, radiant and forced air heating, and 220-volt service.

    The layout supports tenants that need both operational storage and a finished, customer-facing component, with heated shop and office areas already in place. With the owner open to separating the two primary structures, the property may also work for buyers seeking a primary building footprint paired with optional adjacent space, depending on their operating requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Con-Mat Supply (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendive
    County
    Dawson
    State
    Montana
    Longitude
    -104.7026593
    Latitude
    47.1091546

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    FAQs

    What type of property is this?
    Flex space - Two-building commercial facility combining warehouse storage with heated office, showroom, and shop areas.
    Where is this flex space located?
    The property is located at 822 N Sargent Glendive, MT.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Two‑building commercial property in Glendive totaling over 24,000 SF, with storage, showroom, office, and shop space.; Warehouse ~15,744 SF with 12' clearance to rafters and 24' peak height; oversized access with seven 12' x 12' doors and four 10' x 12' doors.; Main building ~9,024 SF featuring a 6,528 SF showcase room with vinyl gravity flooring and polished concrete, plus office and heated shop/storage.
    (406) 578-4399
    We can help!
    Listing Contact
    Jiselle Heyen
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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