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

    22 4Th Ave Conrad, MT 59425

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5,000 SF Commercial Lot - $48,000

    Property Features for 22 4Th Ave

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Shari Richter

    Listing Agent: Shari Richter

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 5,000 square foot commercial land parcel presents a unique investment opportunity in the heart of Conrad, Montana. Located at the corner of 4th Avenue SE and Front Street, this property enjoys a highly visible position just one block from the main thoroughfare, ensuring excellent exposure for any future development. Previously the site of Mac's Bar, the lot has a rich history and recently hosted popular "winter wonderland" festivities, demonstrating its potential for community engagement. The property's 5,000 square foot size offers ample space for a variety of commercial ventures, allowing for creative and flexible development plans. Situated in Pondera County, Montana, with a 59425 zip code, this location offers easy access to local amenities and services. The property's strategic location and substantial size make it an ideal canvas for entrepreneurs and investors seeking to establish a thriving business in a vibrant Montana community. The asking price of $48,000 represents a compelling entry point into the Conrad commercial real estate market. This is a blank slate ready for your vision. Bring your ideas and capitalize on this prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Conrad
    County
    Pondera
    State
    Montana
    Longitude
    -111.9459722
    Latitude
    48.1684927

    Nearby Similar for Sale

    • $175,000
      1.53 Acres

      Agricultural Facility in Golden Triangle

      Grain storage facility on 1.53 acres in Conrad, Montana.
      120 4Th Ave SE, Conrad, MT 59425
      View Details
    • $175,000
      1.53 Acres

      Conrad Warehouse - $175,000

      Montana Grain Elevator & Warehouse - Huge Potential
      120 4Th Ave, Conrad, MT 59425
      View Details
    • $175,000
      5,000 SF

      Conrad Grain Elevator Investment

      Historic Grain Facility, 5,000 sq ft
      120 4Th Ave, Conrad, MT 59425
      View Details
    • $325,000
      2,664 SF

      MT. Remodeled in 2018

      this beautiful bar retained some classic features from its origins. A large U-shaped bar provides lots of seating
      8 4Th Ave, Conrad, MT 59425
      View Details
    • $140,000
      0.12 Acres

      Main Street Warehouse - Conrad, MT

      Prime location, 3780 sq ft warehouse, remodeled office.
      227 Main St, Conrad, MT 59425
      View Details

    FAQs

    What type of property is this?
    Land - 5,000 SF Commercial Lot - $48,000
    Where is this land located?
    The property is located at 22 4Th Ave Conrad, MT.
    What is the asking price?
    The asking price for this property is $48,000.
    What are key features of this property?
    This property features: 5,000 square foot commercial lot in Conrad, MT.; High-visibility corner location at 4th Avenue SE and Front Street, one block from the main thoroughfare.; Previously the site of Mac's Bar, with proven community engagement potential.
    (406) 271-2080 Call to check price and availability
    Request Owner's contact information
    22 4Th Ave Conrad, MT 59425
    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.
    22 4Th Ave
    Conrad, MT 59425
    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
    22 4Th Ave Conrad, MT 59425
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Shari Richter
    Real Estate License ID: RRE-BRO-LIC-16156
    (406) 271-2080
    Learn more
    Google sign-in failed. Please try again or use another login method.