5 Fletching Way, Menard, MT 59714
This exceptional 0.317-acre lot in Belgrade, Montana (Lot 5 Fletching Way, zip code 59714), presents a remarkable investment opportunity. Zoned B2 - Community Business, this shovel-ready lot is perfectly situated within the burgeoning Jackrabbit Reserve community, a thoughtfully designed development featuring a public trail system and convenient proximity to Belgrade's town center. The property is designated for a four-plex building, with each unit boasting over 1200 square feet of main-level commercial space, ideal for live/work arrangements. Above each shop, a luxurious two-bedroom, two-bathroom residence provides ample living space. City services are already in place, simplifying the development process. This 2-story, 2024-built property offers significant rental income potential, capitalizing on Belgrade's growth and the increasing demand for live/work spaces. The location provides easy access to Bozeman Yellowstone International Airport, Interstate 90, grocery stores, and dining options. This is an exceptional opportunity for investors seeking a high-return, multi-family development in a thriving Montana community. The asking price is $559,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.