815-825 1st Avenue N Great Falls, MT 59401
Mixed-use property for sale or lease in Great Falls.
Property Features for 815-825 1st Avenue N
General Information
- Standard status
- Active
- Size
- 12,936 SF
- Lot size
- 0.69 Acres
- Property subtype
- Mixed Use
Listing office Catalyst Commercial (406) 750-0276
Listing date Jul 4, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Catalyst Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Located in an Opportunity Zone, offering potential tax benefits for investors.
- Versatile property suitable for warehouse, retail, or shop use, with both sale and lease options available.
- Substantial 12,936 SF interior space on approximately 0.688 acres, providing ample room for operations.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.2k | $12.00 |
| − Vacancy | −$15.5k | −$1.20 |
| EGI | $139.7k | $10.80 |
| − OpEx | −$52.4k | −$4.05 |
| NOI | $87.3k | $6.75 |
