24-Unit Self-Storage
For Sale
$400,000
S Clark Street, Park City, MT 59063
CommercialSale, Park City, MT
Property Size4,000 SF
Lot Size0.48 Acres
Price / SF$100
Days on Market54
Property Features for S Clark Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Park City Original Townsite
Standard status
Active
APN
10196
Size
4,000 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Description
Park City Original Townsite 016, S29, T02S, R23E, Block 159, Lot 2-3
Tax Annual Amount
1857
Legal Description
Park City Original Townsite 016, S29, T02S, R23E, Block 159, Lot 2-3
Building Details
Year built
1993
Floors in Building
1
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Montana Real Estate Brokers
(406) 869-2000
Listed By:
Chris Dunn · License #RRE-RBS-LIC-13083
(406) 698-3531
Added: Aug 25
Changed: Oct 9
Last Checked: Oct 17 at 2:06AM
MLS# 361478
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This self-storage property contains 24 units within a 4,000-square-foot facility on 0.482 acres. Two mobile homes add residential components: one has 3 bedrooms and 1 bathroom, while the other offers 5 bedrooms and 2 bathrooms. Both homes include washer and dryer appliances and gas furnaces. The storage units do not have power, while the mobile homes have individual electric and gas service connected to city sewer. The homes share one well and are occupied by long-term tenants. Parking is available on the street for the smaller home and both on and off the street for the larger home. Built in 1993, the improvements feature metal siding and metal roofing. The property is located on S Clark Street in Park City, Montana.
Key Highlights
- 24 self‑storage units with 2 units currently vacant
- Two mobile homes included: 3 bedrooms/1 bathroom and 5 bedrooms/2 bathrooms
- 4,000‑square‑foot property on 0.482 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,858
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,160
$677.2K
Cap Rate 7%
$483,686
$483.7K
Cap Rate 9%
$376,200
$376.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$64.8K $16.20/SF
− Vacancy
−$3.2K −$0.81/SF
EGI
$61.6K $15.39/SF
− OpEx
−$27.7K −$6.93/SF
NOI
$33.9K $8.46/SF
Area
Stillwater County, MT
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,160
Cap Rate 7%
$483,686
Cap Rate 9%
$376,200
Alternative Uses
Best Use
Apartment 5plus
$483.7K
$423.2K – $564.3K
NOI $33,858 @ 7.0% cap · market cap 8.46%
Second Best
Self Storage
$468.7K
$410.1K – $546.8K
NOI $32,810 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$872.8K
$763.7K – $1.02M
NOI $61,094 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 59063, MT
2,174
Population
861
Households
2.5
Avg Household Size
47
Median Age
29%
College-Educated
93%
High-School Grad
61.2 sq mi
ZIP Area
36
Density / Sq Mi
$90,417
Median Household Income
$44,917
Median Earnings
$1,107
Median Rent
$336,800
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - The property combines storage units with two mobile homes supported by separate utility service and established occupancy.
Where is this self storage facility located?
The property is located at S Clark Street Park City, MT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 24 self‑storage units with 2 units currently vacant; Two mobile homes included: 3 bedrooms/1 bathroom and 5 bedrooms/2 bathrooms; 4,000‑square‑foot property on 0.482 acres
