Multi-Unit Flex Industrial
96 Laura Louise Lane Bozeman, MT 59718
96 Laura Louise Lane, Bozeman, MT, 59718
$9,300,000
For Sale
$9,300,000
Fully leased flex/industrial property with 18 units and an established rental history.
Property Size42,846 SF
Price / SF$217.06
Days on Market36
Property Features for 96 Laura Louise Lane
General Information
- Standard status
- Active
- Size
- 42,846 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2018
Listing agency
Keller Williams Montana Realty
(406) 589-6247
Listed by
EJ Daws
(406) 589-6247
Source
Outlaw
Added: Jun 17 Updated: Jul 21 at 5:50AM Checked: Jul 21 at 5:50AM
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 Keller Williams Montana Realty
Investment Insights
Based on property information with market context.
This fully leased investment property includes a multi-unit flex/industrial building with eighteen units. The offering features an established rental history and a strong tenant mix. Most units are approximately 2,300 RSF, creating an efficient size profile for a range of users.
The property is located just north of the Baxter intersection with Jackrabbit visibility. Average daily traffic on this section of Jackrabbit is reported to be over 20,000.
With eighteen separately leased units, the building provides a diversified in-place income stream within a flex/industrial configuration.
The property is located just north of the Baxter intersection with Jackrabbit visibility. Average daily traffic on this section of Jackrabbit is reported to be over 20,000.
With eighteen separately leased units, the building provides a diversified in-place income stream within a flex/industrial configuration.
Key Highlights
- 2018‑built, fully leased investment property
- 18‑unit flex/industrial building with established rental history
- Average daily traffic over 20,000 on this section of Jackrabbit
Local Financial Insights For Flex RnD
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 | $858.6k | $20.04 |
| − Vacancy | −$56.7k | −$1.32 |
| EGI | $802.0k | $18.72 |
| − OpEx | −$280.7k | −$6.55 |
| NOI | $521.3k | $12.17 |
42,846 SF · lease $20.04/SF/yr · vacancy 6.60% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$7.45M
$6.52M – $8.69M
NOI $521,277 @ 7.0% cap · market cap 5.61%
Second Best
Industrial
$6.36M
$5.56M – $7.42M
NOI $444,934 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$11.19M
$9.79M – $13.05M
NOI $783,156 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gastro Gnome Meals
(Bike/Boat/Book/etc) Store
Urban Fitness
Gym & Fitness Center
Aaron's Rent To Own
Home Appliance Store
Savana Melland
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Orders UP Delivery — 96 Laura Louise Ln Ste 7, Bozeman, MT 59718
- Monoculture Commissary — 36 Johnny Walker Ln, Bozeman, MT 59718
FAQs
What type of property is this?
Flex space - Fully leased flex/industrial property with 18 units and an established rental history.
Where is this flex space located?
The property is located at 96 Laura Louise Lane Bozeman, MT.
What is the asking price?
The asking price for this property is $9,300,000.
What are key features of this property?
This property features: 2018‑built, fully leased investment property; 18‑unit flex/industrial building with established rental history; Average daily traffic over 20,000 on this section of Jackrabbit
