Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    530 1St Ave Columbus, MT 59019
    Property profile & analytics

    530 1St Ave, Columbus, MT 59019

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 530 1St Ave

    Property type
    Specialty properties
    Property subtype
    Mixed-use properties

    Description

    This exceptional Columbus, Montana property presents a unique investment opportunity encompassing two lots totaling over 15,500 square feet. Located at 530 1st Ave S, 59019, this mixed-use parcel offers significant redevelopment potential or continued use as both residential and commercial space. The property includes an existing residence situated on a 9,540+/- square foot lot, complemented by a vacant 5,968+/- square foot lot on Pratten, boasting high visibility and traffic flow. Both lots are zoned Light Industrial, providing flexibility for a wide array of commercial uses, including retail, office space, or light manufacturing. The established neighborhood offers convenient access to local amenities. This property is ideally suited for investors seeking to capitalize on the potential for higher-density development or the creation of a mixed-use complex. The asking price is $289,000. The property's strategic location and flexible zoning make it an attractive proposition for a diverse range of commercial and residential ventures. Don't miss this chance to acquire a versatile property in a thriving Montana community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Stillwater
    State
    Montana
    Longitude
    -109.254
    Latitude
    45.6354

    Comparable in this City

    • Value Estimation by Request
      1,565 SF

      34 Countryman Crk Rd

      CHARITABLE ORGANIZATION
      34 Countryman Crk Rd, Columbus, MT 59019
      View Details
    • Value Estimation by Request
      2,736 SF

      Columbus, MT 59019

      CHARITABLE ORGANIZATION
      Columbus, MT 59019
      View Details
    • Value Estimation by Request
      1,056 SF

      52 Sheep Dip Rd

      VETERINARY, ANIMAL HOSPITAL
      52 Sheep Dip Rd, Columbus, MT 59019-7221
      View Details
    • Value Estimation by Request
      1,900 SF

      Columbus, MT 59019

      CHARITABLE ORGANIZATION
      Columbus, MT 59019
      View Details
    • Value Estimation by Request
      1,152 SF

      660 Whitebird Crk Rd

      CHARITABLE ORGANIZATION
      660 Whitebird Crk Rd, Columbus, MT 59019
      View Details
    • Value Estimation by Request
      4,200 SF

      Columbus, MT 59019

      FUNERAL HOME
      Columbus, MT 59019
      View Details

    Similar Nearby for Sale

    • $315,000
      4,350 SF

      Mixed-Use Building in Downtown Columbus

      Mixed-use property with retail space and residential units.
      410 E Pike Ave, Columbus, MT 59019
      View Details
    • New
      $200,000
      0.08 Acres

      Mixed-Use Investment in Columbus, MT

      Mixed-use property with income potential in downtown Columbus, Montana.
      514 E Pike Ave, Columbus, MT 59019
      View Details
    • $124,500
      21.88 Acres

      Columbus, MT Land with Views

      21+ acres with mountain views and river access.
      Nhn Wild Turkey Rdg Rd, Columbus, MT 59019
      View Details
    • $180,000
      20.14 Acres

      20 Acres Near Columbus, Montana

      20-acre property near Columbus, MT with electric access and maintained roads.
      Antelope Dr, Columbus, MT 59019
      View Details
    • $149,900
      20.01 Acres

      Montana Land with River Access

      20 acres with river frontage near Columbus, Montana.
      Sunrise Dr, Columbus, MT 59019
      View Details
    • $150,000
      20.00 Acres

      Scenic Land Near Columbus, MT

      20-acre property with varied terrain, road access, and available electricity.
      23 Beartooth Ln, Columbus, MT 59019
      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.
    530 1St Ave
    Columbus, MT 59019
    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

    Thank You for Inquiry
    530 1St Ave, Columbus, MT, 59019
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!