5700 Sperry Dr Helena, MT 59602
Exceptional investment opportunity encompassing a fully operational quarry business in Montana. This turnkey operation includes three quarries totaling 890 acres (230 acres owned, 660 acres leased), a production shop, and extensive equipment. The main quarry, located on 230 acres at 5700 Sperry Drive, Helena, MT, produces argillite slate (pipestone) and Big Sky Bronze, featuring a wide variety of materials including full, half, and thin bed options, as well as landscape and specialty stones. Included equipment ranges from splitters and tumblers to heavy equipment. Two additional leased quarries, one in Harlowton (Sandstone/Judith River, 640 acres) and one in Lewistown (Midnight Limestone/Madison, 20 acres), offer similar product diversity and equipment. The production shop at 3815 Helberg Dr, Helena, MT, houses advanced equipment such as thin veneer saws, bridge saws, and a closed-circuit water purification system. Current lease on the production shop is $3,600 per month. All mineral rights associated with Certificate of Survey 3319423 are included. Massive reserves ensure long-term operational viability. Two of the stone types are exceptionally rare, creating high demand. The seller retains right of first refusal and is open to leasing back operations from the new owner. The asking price for this exceptional opportunity is $11,150,000.
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.
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.