Office Unit with Lab
For Sale
$1,350,000
F1-1805 S 22nd Ave, Bozeman, MT 59718
Configured with private offices, meeting space, break areas, and dedicated laboratory rooms.
Property Size5,692 SF
Price / SF$237.17
Days on Market59
Property Features for F1-1805 S 22nd Ave
General Information
Standard status
Active
Size
5,692 SF
Taxes and HOA fees
Annual Taxes
$14,492
Listing Agency:
NAI Landmark
(406) 556-5005
Listed By:
Kasey Harte · License #RRE-RBS-LIC-11508
(406) 570-9031
Source:
Exprealty
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 30 at 8:28PM
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 NAI Landmark
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Investment Insights
Based on property information with market context.
This 5,692-square-foot office unit combines conventional workspace with a dedicated laboratory component. The office portion provides six private offices, a conference room, a breakroom, and two restrooms, with carpet, composite tile, ceramic tile, acoustic tile ceilings, and finished drywall. The restrooms include two toilets and one sink in the women’s room, plus one toilet, one sink, and one urinal in the men’s room.
The laboratory area contains twelve rooms in varying sizes, a separate breakroom, built-in cabinetry, and countertops. Eight lab rooms have steel sinks, while eyewash stations and emergency shower stations are distributed throughout the lab area. The lab breakroom includes washer/dryer hookups and a three-basin steel sink. Each laboratory room is individually climate controlled, supporting laboratory, professional office, or medical office use at F1-1805 S 22nd Ave in Bozeman, MT.
The laboratory area contains twelve rooms in varying sizes, a separate breakroom, built-in cabinetry, and countertops. Eight lab rooms have steel sinks, while eyewash stations and emergency shower stations are distributed throughout the lab area. The lab breakroom includes washer/dryer hookups and a three-basin steel sink. Each laboratory room is individually climate controlled, supporting laboratory, professional office, or medical office use at F1-1805 S 22nd Ave in Bozeman, MT.
Key Highlights
- 5,692 SF office and laboratory unit
- Six private offices, conference room, breakroom, and two restrooms
- Twelve laboratory rooms with built‑in cabinetry and countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,732
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,674,640
$1.7M
Cap Rate 7%
$1,196,171
$1.2M
Cap Rate 9%
$930,356
$930.4K
Market Conditions
NOI Build-Up for 5,692 SF
Gross rent
$119.5K $21.00/SF
− Vacancy
−$7.9K −$1.39/SF
EGI
$111.6K $19.61/SF
− OpEx
−$27.9K −$4.90/SF
NOI
$83.7K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,674,640
Cap Rate 7%
$1,196,171
Cap Rate 9%
$930,356
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $83,732 @ 7.0% cap · market cap 6.20%
Second Best
Healthcare Medical
$913.2K
$799.1K – $1.07M
NOI $63,924 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,041 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,153
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with private offices, meeting space, break areas, and dedicated laboratory rooms.
Where is this office unit located?
The property is located at F1-1805 S 22nd Ave Bozeman, MT.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,692 SF office and laboratory unit; Six private offices, conference room, breakroom, and two restrooms; Twelve laboratory rooms with built‑in cabinetry and countertops
