38 Acres with Shop,
795 Ulm-Vaughn Road, Great Falls, MT 59404
38 acres with shop and admin building for sale.
Type:Mixed Use, Industrial, Office
Property size:
5,000 SFLot size:
38.00 AcresPrice / SF:
$117/SF- Added:
- Mar 19, 2024
- Days on Market:
- 795
- Last Refresh:
- May 12 at 11:15 pm
Property Features for 795 Ulm-Vaughn Road
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 38.00 Acres
- Property subtype
- Mixed Use, Industrial, Office
Building Details
- Year Built
- 1964
Listing agent Kristi Holmlund License #RRE-BRO-LIC-79091
Listing office Holmlund Properties, LLC
Listing date Mar 19, 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 Holmlund Properties, LLC
HighLights
- 38 Acres of Land
- 4,000 sq ft Heated Shop with 3 Overhead Doors
- 1,000+ sq ft Admin Building with Multiple Offices
- Shop includes Bathroom and Storage Room
- Admin Building includes Break Room and Bathroom
- Suitable for Business Relocation or Location
Overview
This property features 38 acres of land with both a shop and an administrative building. The shop provides 4,000 square feet of heated space and includes three overhead doors, a bathroom, and an enclosed storage room. The administrative building offers just over 1,000 square feet of space, configured with multiple office rooms, a break room, and a bathroom. This property may be suitable for business relocation or establishment, given the ongoing business activity in the surrounding area.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$448.5K
NOI $40,365 @ 9.00% cap · cautious / downside scenario
Moderate
$576.6K
NOI $40,365 @ 7.00% cap · market / base-case scenario
Aggressive
$807.3K
NOI $40,365 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.0k | $13.80 |
| − Vacancy | −$15.2k | −$3.04 |
| EGI | $53.8k | $10.76 |
| − OpEx | −$13.5k | −$2.69 |
| NOI | $40.4k | $8.07 |
5,000 SF · lease $13.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$576.6K
$504.6K – $672.8K
NOI $40,365 @ 7.0% cap · market cap 6.85%
Second Best
Mixed Use
$482.1K
$421.9K – $562.5K
NOI $33,750 @ 7.0% cap · market cap 5.73%
Theoretical Best
Specialty Retail
$973.1K
$851.4K – $1.14M
NOI $68,114 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Map
- City
- Great Falls
- County
- Cascade
- State
- Montana
- Longitude
- -111.325
- Latitude
- 47.5623
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 38 acres with shop and admin building for sale.
Where is this mixed-use property located?
The property is located at 795 Ulm-Vaughn Road Great Falls, MT.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 38 Acres of Land; 4,000 sq ft Heated Shop with 3 Overhead Doors; 1,000+ sq ft Admin Building with Multiple Offices
