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    OFF-MARKET
    Land

    3600 Montana Ave, Helena, MT 59602

    19.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.57-acre property, located at 3600 North Montana Ave in Helena, Montana, presents a remarkable investment opportunity. Currently zoned R-1 (Special County Zoning District), this land boasts a strategic location along a major commercial corridor, offering high visibility and convenient access to significant retailers such as Target, Lowe's, Costco, and Sportsman's Warehouse. The property's current use includes a 56-pad mobile home community known as "Pebble Gardens," providing immediate income potential. However, its expansive size and proximity to city services (to be verified by the buyer) present significant redevelopment possibilities. The potential exists to annex the remaining approximately 10.5 acres, allowing for expansion of the existing mobile home community or the creation of a mixed-use development. The high traffic count of 19,349 vehicles (2021 data) along this section of Montana Avenue ensures excellent visibility for retail and commercial ventures. This property offers a unique blend of existing income and substantial future development potential, capitalizing on Helena's robust real estate market, where the median home price has increased by 26.6% in the past year, reaching $447,551. The property is bordered on three sides by the city of Helena, further enhancing its development prospects. This is a rare opportunity to acquire a significant land parcel in a thriving Montana market. The asking price is $5,100,000.

    Property profile
    Verified
    Property type Land
    Lot 19.57 ac (852,469 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pebble Gardens Garden Center Landscaping
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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