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    Property profile & analytics

    1386 1St St Hamilton, MT 59840

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0326629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1386 1St St

    Property type
    Commercial real estate

    Description

    This exceptional 43,560 square foot commercial lot presents a rare opportunity in Hamilton, Montana. Located just half a mile south of Hamilton on Highway 93, the property boasts 150 feet of prime highway frontage, ensuring high visibility and accessibility. The lot is zoned for commercial or residential use and is free of restrictive covenants. Existing infrastructure includes a substantial 2,000 square foot concrete foundation, readily available power and natural gas connections, a high-yield water well, and a fully functional 3-bedroom septic system. Further enhancing the property's value is a pre-existing private highway billboard, offering immediate advertising potential. Landscaping features include mature trees and an underground sprinkler system. A 20' x 24' garage/storage shed with a concrete slab provides ample storage space. This turnkey property offers significant development potential and is ideally suited for a wide range of commercial ventures. The combination of location, infrastructure, and existing improvements makes this a truly unique opportunity in the thriving Hamilton market. The property's size and highway visibility make it an ideal location for businesses seeking high traffic exposure. Don't miss this chance to acquire a ready-to-develop commercial lot in a desirable Montana location. Asking price is $299,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Ravalli
    State
    Montana
    Longitude
    -114.154389
    Latitude
    46.223113

    Comparable in this City

    • $2,200,000

      Maple Grove Commercial Complex

      Hamilton, MT Warehouse Investment Opportunity
      104 Fabers Way, Hamilton, MT 59840
      View Details
    • $1,300,000
      7,776 SF

      Hamilton Mixed-Use Investment

      High-Visibility Retail & Office Complex
      225 1St St, Hamilton, MT 59840
      View Details
    • $920,000
      0.04 Acres

      Hamilton Multifamily Investment Opportunity

      Turnkey Apartment Building in Montana
      201-215 Bldg 6+7, Ward, MT 59840
      View Details
    • $1,920,000

      Hamilton, MT Apartment Building Investment Opportunity

      32-Unit Apartment Complex, Prime Location
      2 Competition Phase 2, Hamilton, MT 59840
      View Details
    • $395,000
      5.27 Acres

      Hamilton, MT Residential Land

      5.27 Acres, Build-Ready Lot
      429 Two Horse Ln, Hamilton, MT 59840
      View Details
    • $3,850,000
      241.15 Acres

      Prime Montana Agricultural Land

      241 Acres, Abundant Water Rights
      0 Nhn Us Hwy 93, Ward, MT 59840
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Maple Grove Commercial Complex

      Hamilton, MT Warehouse Investment Opportunity
      104 Fabers Way, Hamilton, MT 59840
      View Details
    • $1,300,000
      7,776 SF

      Hamilton Mixed-Use Investment

      High-Visibility Retail & Office Complex
      225 1St St, Hamilton, MT 59840
      View Details
    • $920,000
      0.04 Acres

      Hamilton Multifamily Investment Opportunity

      Turnkey Apartment Building in Montana
      201-215 Bldg 6+7, Ward, MT 59840
      View Details
    • $1,920,000

      Hamilton, MT Apartment Building Investment Opportunity

      32-Unit Apartment Complex, Prime Location
      2 Competition Phase 2, Hamilton, MT 59840
      View Details
    • $395,000
      5.27 Acres

      Hamilton, MT Residential Land

      5.27 Acres, Build-Ready Lot
      429 Two Horse Ln, Hamilton, MT 59840
      View Details
    • $3,850,000
      241.15 Acres

      Prime Montana Agricultural Land

      241 Acres, Abundant Water Rights
      0 Nhn Us Hwy 93, Ward, MT 59840
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      610 SF

      Versatile Commercial Condo in Hamilton

      Commercial condo in Hamilton, MT, suitable for retail, office, medical.
      301 N 1St St, Hamilton, MT 59840
      View Details
    • Contact for pricing
      916 SF

      Downtown Office Suites For Rent

      Office suites in walkable downtown area, easy highway access.
      204 Pinckney St, Hamilton, MT 59840
      View Details
    • Contact for pricing
      59,909 SF

      Highway Retail Space with Outdoor

      59,909 SF retail space with fenced outdoor area for lease.
      1235 North 1St St, Hamilton, MT 59840
      View Details
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    1386 1St St
    Hamilton, MT 59840
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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.

    More about this property
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