7 Fletching Way, Belgrade, MT 59714
This exceptional 0.43-acre commercial lot in Belgrade, Montana (Lot 7, Fletching Way, zip code 59714), presents a unique investment opportunity. Priced at $839,000, this shovel-ready lot is zoned B2 - Community Business and is designated for a six-plex development. The project, part of the Jackrabbit Reserve community, offers a thoughtfully designed live/work concept. Each of the six units will boast a spacious 1200+ square foot main-level shop, complemented by a luxurious two-bedroom, two-bathroom residence above. City services are already in place, simplifying the construction process. The development is conveniently located near Belgrade's growing town center, offering easy access to I-90, the Bozeman Yellowstone International Airport, grocery stores, and dining options. The community is enhanced by a surrounding public trail system. This property represents a significant opportunity for investors seeking high rental income potential in a rapidly expanding Montana market. Consider purchasing the adjacent Lot 8 to create a twelve-plex development. The six-story building is slated for completion in 2024.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.