Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Nhn Highview Way Reber Rd Helena, MT 59601

    • Land
    • 4.40 lot acres
    For Sale
    View listing
    $1,650,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nhn Highview Way Reber Rd

    Lot size
    4.40 lot acres
    Property type
    Land

    Description

    This exceptional 4.4-acre parcel presents a rare opportunity in Helena, Montana's desirable Westridge Heights. Located within the city limits, this pre-platted tract is the last available lot in Phase II of the Benchmark PUD Subdivision. Situated at the base of Mount Helena, the property offers stunning views and unparalleled access to nearby city parks, hiking, and biking trails. The pre-platted nature allows for versatile development, suitable for both single-family and multi-family residential projects, appealing to individual homebuyers and developers alike. Enjoy the convenience of nearby amenities, including banks, shopping centers, grocery stores, schools, and Carroll College. This unique combination of natural beauty, recreational opportunities, and convenient access to urban services makes this land an attractive investment for those seeking a personal residence or a lucrative development project. The property is zoned for residential use and offers significant potential for upscale residential development. The asking price is $1,650,000. The property is located at NHN Highview Way REBER RD, Helena, MT 59601.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.07
    Latitude
    46.598

    Comparable in this City

    • Value Estimation by Request

      1768 Cooke St

      Multifamily properties
      1768 Cooke St, Helena, MT 59601
      View Details
    • Value Estimation by Request
      16.51 Acres

      915 Grizzly Gulch Dr

      Land • 16.51 Acres
      915 Grizzly Gulch Dr, Helena, MT 59601
      View Details
    • Value Estimation by Request
      0.36 Acres

      2275 Deerfield Ln

      Land • 0.36 Acres
      2275 Deerfield Ln, Helena, MT 59601
      View Details
    • Value Estimation by Request
      4.40 Acres

      Nhn Highview Way Helena Mt

      Land • 4.40 Acres
      0 Nhn Highview Way Helena Mt, Helena West Side, MT 59601
      View Details
    • Value Estimation by Request
      0.88 Acres

      2296 Deerfield Ln

      Land • 0.88 Acres
      2296 Deerfield Ln, Helena, MT 59601
      View Details
    • Value Estimation by Request
      1.07 Acres

      1160 Sonoma Dr

      Land • 1.07 Acres
      1160 Sonoma Dr, Helena, MT 59601
      View Details

    Similar Nearby for Sale

    • $1,300,000
      160.01 Acres

      Montana Mountain Retreat: 160 Acres

      Secluded Montana land; build your dream home.
      0 Tbd Hwy 12, Helena, MT 59601
      View Details
    • $1,650,000
      4.40 Acres

      Helena Westside Residential Land

      4.4 Acres, Prime Westside Location
      0 Nhn Highview Way Helena Mt, Helena West Side, MT 59601
      View Details
    • $249,000

      Helena Multifamily Investment Opportunity

      Prime Helena lot, B2 zoning, development potential.
      1768 Cooke St, Helena, MT 59601
      View Details
    • $325,000
      2.22 Acres

      Helena Mountain View Lot

      2.22 Acres, Panoramic Views, Build Your Dream Home
      1242 Winscott Ln, Helena, MT 59601
      View Details
    • $199,500
      1.07 Acres

      Helena Mountain View Lot

      Build Your Dream Home on 1.07 Acres
      1160 Sonoma Dr, Helena, MT 59601
      View Details
    • $299,000

      Helena Land: Broadwater Estates

      Build Your Dream Home in Montana
      4993 Smallwood Ct, Helena, MT 59601
      View Details

    Similar Nearby for Lease

    • $0.03 SF/Yr
      11,266 SF

      Prime Office Space, 11th Avenue

      Modern Office Suite, Ample Parking, Great Location
      2001 11Th Ave, Helena, MT 59601
      View Details
    • $0.89 SF/Yr
      35,000 SF

      Helena Office Space: Prime Location

      Historic building, remodeled suite, inclusive lease.
      46 Last Chance Gulch, Helena, MT 59601
      View Details
    • $0.16 SF/Yr
      1,629 SF

      Helena Office Space: Artisan Block Gem

      1629 SF Class A Office, Prime Location
      40 14Th St, Helena, MT 59601
      View Details
    • $22 SF/Yr
      6,480 SF

      Helena Medical Office Suite for Lease

      Prime South Hills location, 3,168 SF available
      251 Saddle Dr, Helena, MT 59601
      View Details
    • $19 SF/Yr
      1,257 SF

      Downtown Helena Office Space for Lease

      1,257 SF Private Office in Historic Building
      7 Last Chance Gulch, Helena, MT 59601
      View Details
    • $4,600 /Mo
      1,814 SF

      Former Bank on Euclid Avenue

      Versatile commercial space with drive-in canopy in Helena, MT.
      1135 Euclid Ave, Helena, MT 59601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nhn Highview Way Reber Rd
    Helena, MT 59601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.