Property summary
This 3.98-acre property, formerly Valley Farms, presents a unique value-add opportunity in Helena, Montana. The site includes six buildings totaling 5,400 square feet of building space and 23,760 square feet of greenhouse space, situated on a large lot with room for expansion. Currently, three buildings are leased, generating a net operating income (NOI) of $10,000 annually, which covers annual property taxes. The property features 35 parking spaces and two gas pumps. Recent renovations include brand new greenhouse roofs installed in 2024. The property is zoned under Special Zoning District #51 and offers a single tenancy with a lease expiring January 31, 2026 (1.2 years remaining). The asking price is $599,000, representing a compelling investment for an owner-user seeking to establish a new business or revitalize an existing one. The property's location between Green Meadow and North Montana Avenue provides convenient access to Helena's amenities. The existing infrastructure provides a solid foundation for a new venture. This is a fee simple ownership with no ground lease. Built between 1975 and 2015, the property includes one-story buildings. The property's occupancy rate is currently 33%. Two wells are also located on the property. The APN is 0000025110.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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