Cross-Dock Distribution
For Sale
$8,750,000
8247 Huffine Lane, Bozeman, MT 59718
CommercialSale, Bozeman, MT
Property Size53,246 SF
Lot Size4.79 Acres
Price / SF$164.33
Days on Market78
Property Features for 8247 Huffine Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MU
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Directions
W on Huffine, 2nd turn for Conlins furniture.
Subdivision
2FC - Boz Area Four Corners
Standard status
Active
APN
RGF11849
Size
53,246 SF
Lot size
4.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MINOR SUB 287, S12, T02 S, R04 E, LOT 2, ACRES 4.789, PLUS INT IN COMMON OPEN SPACE
Tax Annual Amount
53996
Legal Description
MINOR SUB 287, S12, T02 S, R04 E, LOT 2, ACRES 4.789, PLUS INT IN COMMON OPEN SPACE
Utilities
Heating system
Forced Air, Radiant Floor, Natural Gas, Radiant
Cooling system
Central Air
Building Details
Year built
2003
Listing Agency:
Berkshire Hathaway - Bozeman · Berkshire Hathaway HomeServices
(406) 586-7676
Listed By:
Joe Kolwyck · License #RBS-14280
(406) 581-1959
Added: Jun 4
Changed: Aug 20
Last Checked: Aug 20 at 10:06PM
MLS# 411901
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.
This distribution center comprises approximately 53,246 square feet across a primary building and a separate cross-dock warehouse on 4.79 acres. The primary building contains approximately 41,246 square feet, including 30,222 square feet of showroom, retail, and operational area on the main level. Its 11,024-square-foot lower level provides truck access and a freight elevator, while supplemental basement storage adds approximately 9,000 to 10,000 square feet. The primary building is protected by a full fire suppression system; the supplemental basement storage is not served by that system.
A separate 12,000-square-foot cross-dock warehouse supports freight movement with 50 trailer loading doors. The property fronts Huffine Lane in Bozeman and includes 16 dedicated front parking spaces. Building systems include forced-air and radiant-floor heating, natural gas, radiant heating, and central air conditioning. The improvements were built in 2003.
A separate 12,000-square-foot cross-dock warehouse supports freight movement with 50 trailer loading doors. The property fronts Huffine Lane in Bozeman and includes 16 dedicated front parking spaces. Building systems include forced-air and radiant-floor heating, natural gas, radiant heating, and central air conditioning. The improvements were built in 2003.
Key Highlights
- Approximately 53,246 square feet of improvements on 4.79 acres
- 12,000‑square‑foot cross‑dock warehouse with 50 trailer loading doors
- Primary building contains approximately 41,246 square feet
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
$671,419
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
7.67%
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%
$13,428,380
$13.4M
Cap Rate 7%
$9,591,700
$9.6M
Cap Rate 9%
$7,460,211
$7.5M
Market Conditions
NOI Build-Up for 53,246 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
$798.7K $15.00/SF
− Vacancy
−$8.8K −$0.17/SF
EGI
$789.9K $14.83/SF
− OpEx
−$118.5K −$2.23/SF
NOI
$671.4K $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 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%
$13,428,380
Cap Rate 7%
$9,591,700
Cap Rate 9%
$7,460,211
Alternative Uses
Best Use
Warehouse
$9.59M
$8.39M – $11.19M
NOI $671,419 @ 7.0% cap · market cap 7.67%
Second Best
Retail
$8.91M
$7.80M – $10.40M
NOI $623,937 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$13.90M
$12.17M – $16.22M
NOI $973,252 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50
Dock-high doors
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
181
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Distribution center - Large-scale commercial facility combining showroom, warehouse, truck access, and freight-handling infrastructure.
Where is this distribution center located?
The property is located at 8247 Huffine Lane Bozeman, MT.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Approximately 53,246 square feet of improvements on 4.79 acres; 12,000‑square‑foot cross‑dock warehouse with 50 trailer loading doors; Primary building contains approximately 41,246 square feet
