Office Building with Three
985 TECHNOLOGY BLVD Bozeman, MT 59718
For Sale
Contact for pricing
Three-unit office property totaling about 6,000 SF, offered for sale.
Property Size6,000 SF
Price / SF$328.67
Days on Market96
Property Features for 985 TECHNOLOGY BLVD
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1994
Listing Agency:
McKenna Adams Commercial Realty
(406) 581-7562
Listed By:
Katie Adams · License #MT RRE-BRO-LIC-56423
Source:
Crexi
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 24 at 9:14AM
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 McKenna Adams Commercial Realty
Investment Insights
Based on property information with market context.
This office property totals approximately 6,000 SF and is configured as three separate units, providing multiple occupancy or suite-level flexibility within one building.
The asset is located at 985 Technology Blvd in Bozeman, Montana. It is offered for sale with a stated list price of $1,972,000.
The offering presents a straightforward office building setup with three units under one roof, suitable for buyers looking for a multi-suite configuration.
The asset is located at 985 Technology Blvd in Bozeman, Montana. It is offered for sale with a stated list price of $1,972,000.
The offering presents a straightforward office building setup with three units under one roof, suitable for buyers looking for a multi-suite configuration.
Key Highlights
- Three‑unit office property totaling about 6,000 SF
- Built in 1994
Financial Insights For Office B
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 | $126.0k | $21.00 |
| − Vacancy | −$8.3k | −$1.39 |
| EGI | $117.7k | $19.61 |
| − OpEx | −$29.4k | −$4.90 |
| NOI | $88.3k | $14.71 |
6,000 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,263 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,670 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flat Earth
Industrial Manufacturer
Essential Health - Bozeman
Medical Clinic
Montana Nutrition & Physical
Physician
KLJ Engineering
Oilfield
Pristine Wellness
Gym & Fitness Center
FAQs
What type of property is this?
Office units - Three-unit office property totaling about 6,000 SF, offered for sale.
Where is this office units located?
The property is located at 985 TECHNOLOGY BLVD Bozeman, MT.
What is the asking price?
The asking price for this property is $1,972,000.
What are key features of this property?
This property features: Three‑unit office property totaling about 6,000 SF; Built in 1994