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
    Property profile & analytics

    1108 Leslie Ave Helena, MT 59601-1819

    • Residential income homes
    • 5,204 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Dec 04, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0588818
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1108 Leslie Ave

    Year built
    1949
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    5,204 SF
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    05-1887-24-4-19-19-0000
    APU
    5188724419190000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis And Clark
    State
    Montana
    Longitude
    -112.05
    Latitude
    46.6032
    CBSA code
    25740
    CBSA name
    HELENA, MT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,727
    $0.00
    $0.00
    $442,600
    -
    $119,039
    $323,561
    $442,600

    Comparable in this City

    • Value Estimation by Request
      13,531 SF

      901 Harris St

      BOARDING/ROOMING HOUSE • 13,531 SF
      901 Harris St, Helena, MT 59601-3000
      View Details
    • Value Estimation by Request
      12,010 SF

      501 Park Ave

      BOARDING/ROOMING HOUSE • 12,010 SF
      501 Park Ave, Helena, MT 59601-2703
      View Details
    • Value Estimation by Request
      10,498 SF

      1430 Sanders St

      BOARDING/ROOMING HOUSE • 10,498 SF
      1430 Sanders St, Helena, MT 59601-3012
      View Details
    • Value Estimation by Request
      4,444 SF

      24 16th St

      BOARDING/ROOMING HOUSE • 4,444 SF
      24 16th St, Helena, MT 59601-3445
      View Details
    • Value Estimation by Request

      1768 Cooke St

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

      1805 Joslyn St

      MOBILE HOME PARK, TRAILER PARK • 6.02 Acres
      1805 Joslyn St, Helena, MT 59601-0180
      View Details

    Similar Nearby for Sale

    • $375,000
      0.11 Acres

      Helena Duplex in Downtown Area

      Income-generating duplex in downtown Helena with two units and yard.
      619 E Broadway St, Helena, MT 59601
      View Details
    • $469,000
      0.19 Acres

      Helena Duplex with 3-Car Garage

      Well-maintained duplex in central Helena, ideal for investment or multi-generational
      410 S Montana Ave, Helena, 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
    • $235,000
      0.19 Acres

      Helena, MT Duplex Opportunity

      Duplex in Helena, MT, offering renovation or reconstruction potential.
      574 State St, Helena, MT 59601
      View Details
    • $114,900
      1,024 SF

      Move-In Ready Manufactured Home

      Well-kept 2-bedroom manufactured home with open layout.
      1805 Joslyn St, Helena, MT 59601
      View Details
    • New
      $680,000
      0.16 Acres

      Helena, MT Fourplex Investment

      Fully occupied fourplex in Helena, MT with long-term renters.
      421 E 15Th St, Helena, MT 59601
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • $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
    • $10 SF/Yr
      12,526 SF

      Renovated Retail Space on Montana

      Renovated retail space with high traffic and strong co-tenancy.
      3073 North Montana Ave, 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.
    1108 Leslie Ave
    Helena, MT 59601-1819
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.