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

    571 Main St Helena, MT 59601

    Sponsored
    For Sale
    $265,000

    Build Your Dream Home on .345 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    422
    This exceptional .345-acre lot in Helena, Montana, presents a unique opportunity to build a custom home. Located at 571 W Main Street, this property boasts a prime location just minutes from downtown Helena, offering convenient access to city amenities while maintaining a secluded feel. The lot is situated within city limits, providing access to paved roads and city utilities, eliminating the challenges often associated with rural properties. Adding to its appeal, the property includes an existing old miner's shack, a charming nod to Helena's rich gold mining history. The land is bordered by public land, providing easy access to Helena's extensive trail system for outdoor enthusiasts. This hillside property offers a blend of privacy and convenience, allowing residents to enjoy the tranquility of a secluded setting while remaining close to the vibrant city center. The asking price for this remarkable property is $265,000. This is a rare chance to own a piece of Helena's history and create a dream home in a desirable location. Don't miss this exceptional opportunity to build your dream home in a location that seamlessly blends historic charm with modern convenience. The property is located in Lewis and Clark County, Montana, with a zip code of 59601.

    Property Features for 571 Main St

    General Information

    Property type
    Land
    Lot Size
    15,028 SF

    We can help!

    Listing Contact
    Erin Weninger

    Learn more

    Property Insight Report

    HighLights

    • .345‑acre lot in Helena, MT, priced at $265,000.
    • Prime location minutes from downtown Helena with convenient access to city amenities.
    • Located within city limits with paved roads and city utilities.
    • Includes an existing miner's shack.
    • Bordered by public land with access to Helena's trail system.
    • Hillside lot offering privacy and convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.048214
    Latitude
    46.580399

    Nearby Similar for Sale

    • $850,000
      20.35 Acres

      Helena Multi-Family Home on Acreage

      20-acre retreat with multi-family potential and valley views.
      7980 Wild Rose Ln, Helena, MT 59602
      View Details
    • $469,000
      0.19 Acres

      Helena Duplex with 3-Car Garage

      Well-maintained duplex in central Helena, ideal for investment or multi-generational
      410 S Montana Ave, Helena, MT 59601
      View Details
    • $520,000
      0.17 Acres

      Income-Producing Duplex in Helena, MT

      Turnkey duplex with reliable passive income potential in Helena.
      1423/1421 Poplar St, Helena, MT 59601
      View Details
    • $375,000
      0.11 Acres

      Helena Duplex in Downtown Area

      Income-generating duplex in downtown Helena with two units and yard.
      619 E Broadway St, Helena, MT 59601
      View Details
    • $675,000
      1,751 SF

      Mixed-Use Property with Large Shop

      One-level home with shop, ideal for living and business.
      3660 N Montana Ave, Helena, MT 59602
      View Details
    • $650,000
      0.24 Acres

      Helena Multifamily Investment Opportunity

      Six-unit multifamily property in central Helena, convenient location.
      804 Logan St, Helena, MT 59601
      View Details
    • New
      $235,000
      Pending

      Helena, MT Duplex Opportunity

      Duplex in Helena, MT, offering renovation or reconstruction potential.
      574 State St, Helena, MT 59601
      View Details
    • $595,000
      3,800 SF

      Mixed-Use Property with Income Potential

      Helena property featuring home, apartment, and office space for sale.
      5530 N Montana Ave, Helena, MT 59602
      View Details
    • $680,000
      0.16 Acres

      Helena, MT Fourplex Investment

      Fully occupied fourplex in Helena, MT with long-term renters.
      421 E 15Th St, Helena, MT 59601
      View Details
    • $295,000

      Established Printing and Shipping Business

      Profitable printing and shipping business opportunity in Helena, Montana.
      1827 11Th Ave, Helena, MT 59601
      View Details
    • $595,000
      4 SF

      Downtown Warehouse with Redevelopment Potential

      4,800 SF warehouse on 7,200 SF lot in downtown Helena.
      814 Front St, Helena, MT 59601
      View Details
    • $1,099,000
      3 SF

      Turnkey Auto Shop Opportunity

      Established auto shop for sale with equipment and real estate.
      1100 Chestnut St, Helena, MT 59601
      View Details

    FAQs

    What type of property is this?
    Land - Build Your Dream Home on .345 Acres
    Where is this land located?
    The property is located at 571 Main St Helena, MT.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: .345-acre lot in Helena, MT, priced at $265,000.; Prime location minutes from downtown Helena with convenient access to city amenities.; Located within city limits with paved roads and city utilities.
    Request Owner's contact information
    571 Main St Helena, MT 59601
    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.
    571 Main St
    Helena, MT 59601
    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
    571 Main St Helena, MT 59601
    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
    Erin Weninger
    Real Estate License ID: RRE-RBS-LIC-87914
    Learn more
    Google sign-in failed. Please try again or use another login method.