Technical
Financial
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Property profile

101 Bernhardt Rd Laurel, MT 59044

OFF-MARKET
Outlet malls
Property ID
US52-0046673
152,130 SF 16.11 ac lot Built 2007
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.9-acre retail property, located at 101 Bernhardt Rd in Laurel, Montana, presents a unique investment opportunity. Situated in Yellowstone County, this grocery store pad is strategically positioned within a Walmart-anchored center, guaranteeing high visibility and significant foot traffic. The property's prime location in the thriving city of Laurel (zip code 59044) offers easy access to a dense residential population and a robust consumer base. The address is conveniently located at 45.6675454 latitude and -108.7589384 longitude. This well-situated parcel is ideal for a variety of grocery-related businesses or complementary retail ventures seeking to capitalize on the established commercial activity in the area. The existing infrastructure and convenient access make this a turnkey solution for immediate occupancy and operational efficiency. The 0.9-acre lot provides ample space for development and expansion, allowing for future growth and adaptation to evolving market demands. This is a rare opportunity to acquire a highly desirable retail property in a strong Montana market, offering excellent potential for long-term growth and substantial returns on investment. The property's strategic location within a Walmart-anchored center ensures consistent customer flow and a strong foundation for business success. Don't miss this chance to secure a prime retail location in a rapidly growing community.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Total area 152,130 SF
Lot 16.11 ac (701,926 SF)
APN 03-0821-15-2-02-01-0000
UPID US52-0046673

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Garden Center
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Pharmacy
  • Nail Salon

Location

101 Bernhardt Rd Laurel, MT 59044-8702
Laurel metro Census 1902 BILLINGS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
2006
Price N/A
2005
Price N/A

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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