Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    576 Mt Hwy 282 Clancy, MT 59634

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $984,900

    Turn-key Wood Shop & Home in Montana

    Property Features for 576 Mt Hwy 282

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Tyler Raaka

    Listing Agency: Berkshire Hathaway HomeServices - Helena Listing Agent: Tyler Raaka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Montana property, located at 576 Mt Highway 282 in Clancy (zip code 59634), offers a unique blend of commercial and residential space. The asking price is $984,900. Built in 1958, the property sits on a substantial 30,492 square foot lot. The core of the offering is a professional-grade woodworking shop, perfectly equipped for immediate operation. The shop boasts a three-phase electrical system, a Timber Ridge wood boiler, a gas heater, and a window air conditioning unit, ensuring comfortable working conditions year-round. Safety and efficiency are prioritized with a whole-shop dust collector and an array of commercial-grade woodworking machinery. A comprehensive inventory of tools, including blades, bits, and cutters, is included, making this a truly turn-key opportunity. An itemized list of included equipment is available. In addition to the shop, the property includes a three-bedroom, one-bathroom house with a two-car garage, providing comfortable living quarters. This mixed-use property presents a rare chance to acquire a fully operational, high-quality woodworking business with convenient on-site housing in the desirable Clancy, Montana area. The property's size and features make it an ideal investment for a woodworker seeking a well-established business or an investor looking for a unique income-generating opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clancy
    County
    Jefferson
    State
    Montana
    Longitude
    -111.9750824
    Latitude
    46.4798488

    Nearby Similar for Sale

    • $400,000
      3,200 SF

      Clancy Shop with Commercial Storage

      40x80 shop on 0.23-acre lot, suitable for commercial use.
      114 Old Alhambra Rd, Clancy, MT 59634
      View Details
    • $3,200,000
      8,218 SF

      Montana City Grill: Turnkey Business

      Established Restaurant, Casino, Bar - 8,218 sq ft
      4 State Highway 518, Clancy, MT 59634
      View Details
    • $984,900
      0.70 Acres

      Clancy, MT Woodworking Shop & Home

      Turn-key Wood Shop, 3-bed home included
      576 Mt Hwy, Clancy, MT 59634
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turn-key Wood Shop & Home in Montana
    Where is this mixed-use property located?
    The property is located at 576 Mt Hwy 282 Clancy, MT.
    What is the asking price?
    The asking price for this property is $984,900.
    What are key features of this property?
    This property features: Exceptional Montana commercial/residential property at 576 Mt Highway 282, Clancy, MT 59634, listed at $984,900.; 30,492 sq ft lot with a fully equipped, turn-key woodworking shop.; Shop features three-phase power, wood boiler, gas heater, AC, dust collector, and commercial-grade machinery; tools included.
    Request Owner's contact information
    576 Mt Hwy 282 Clancy, MT 59634
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    576 Mt Hwy 282
    Clancy, MT 59634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    576 Mt Hwy 282 Clancy, MT 59634
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tyler Raaka
    Real Estate License ID: RRE-RBS-LIC-79587
    Learn more
    Google sign-in failed. Please try again or use another login method.