9 City Shop Rd Shelby, MT 59474
This exceptional 8.216-acre property, situated on the outskirts of Shelby, Montana, presents a unique investment opportunity. The land includes two substantial shops, offering a combined approximate 3,300 square feet of versatile space (buyer to verify). The main shop, a 36 x 60 foot structure built in 1956, features a gas furnace for heating and a 19 x 60 foot lean-to addition with existing floor pipes (not connected). Both shops boast concrete floors and large overhead doors. A 50 x 100 foot Quonset-style metal building, constructed in 1956, provides additional storage or workshop space with concrete flooring and electricity. A separate 636 square foot (approx.) frame building, built in 1980, has served as an office and apartment, including a shower, sink, and toilet (not currently connected). City water hookup is available. This property also includes two additional lots. The main shop has foam insulation. The property offers a blend of rural tranquility and convenient proximity to Shelby, making it ideal for various uses, from residential to commercial ventures. The asking price is $250,000.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.