Multi-Unit Flex Industrial
For Sale
$9,300,000
96 Laura Louise Lane, Bozeman, MT 59718
Fully leased flex/industrial property with 18 units and an established rental history.
Property Size42,846 SF
Price / SF$217.06
Days on Market129
Property Features for 96 Laura Louise Lane
General Information
Standard status
Active
Size
42,846 SF
Property subtype
Commercial
Zoning
C
Taxes and HOA fees
Annual Taxes
$50,230
Building Details
Building Size
42,846 SF
Year Built
2018
Listing Agency:
Clearwater Montana Properties
(406) 995-2404
Listed By:
EJ Daws
(406) 589-6247
Source:
Outlaw
Added: Jun 17
Changed: Oct 14
Last Checked: Oct 23 at 6:11AM
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 Clearwater Montana Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$521,277
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,425,540
$10.4M
Cap Rate 7%
$7,446,814
$7.4M
Cap Rate 9%
$5,791,967
$5.8M
Market Conditions
NOI Build-Up for 42,846 SF
Gross rent
$858.6K $20.04/SF
− Vacancy
−$56.7K −$1.32/SF
EGI
$802.0K $18.72/SF
− OpEx
−$280.7K −$6.55/SF
NOI
$521.3K $12.17/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,425,540
Cap Rate 7%
$7,446,814
Cap Rate 9%
$5,791,967
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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
Frequently Asked Questions
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
