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Property profile

252 Mill Rd Helena, MT 59602

OFF-MARKET
Mixed-use properties
5,400 SF 3.99 ac lot Built 1981
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Property summary

AI-generated overview

This exceptional 3.98-acre mixed-use property in Helena, Montana, presents a unique redevelopment opportunity. Located at 252 Mill Road, this nostalgic landmark offers a substantial 5,400 square feet of existing building space, complemented by 23,760 square feet of greenhouse space. The property's strategic location between Green Meadow and North Montana Avenue provides convenient access to Helena's amenities, just minutes from the city center. Built in 1981, the property boasts recently upgraded infrastructure, including new greenhouse roofs installed in 2024. This presents a solid foundation for a variety of ventures, from agricultural expansion to innovative commercial development. The ample lot size allows for significant expansion possibilities, catering to ambitious growth plans. The existing structures, while requiring potential renovation or repurposing, offer immediate utility and a cost-effective starting point for your project. With its prime location, substantial building and greenhouse space, and recent improvements, this property represents a compelling investment opportunity in a thriving Montana community. The property is zoned for agricultural use and is situated in Lewis and Clark County, Montana, with a zip code of 59602. The asking price for this remarkable property is $599,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1981
Total area 5,400 SF
Lot 3.99 ac (173,717 SF)

Cap rate & NOI

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

Location

252 Mill Rd Helena, MT 59602
Helena metro
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Value estimations

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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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