Property profile

7 Fletching Way Belgrade, MT 59714

OFF-MARKET
Land
1 SF 0.43 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Year built 2024
Total area 1 SF
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Fletching Way Belgrade, MT 59714
Belgrade metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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