Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1150 29th Ave Bozeman, MT 59718-4220

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1150 29th Ave Bozeman, MT 59718-4220

    View on Map
    • Office buildings
    • 3,557 SF
    • 0.66 lot acres
    Off-Market
    Property ID
    US52-0279151
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Yellowstone Orthodontics / Dental Office

    Property Details for 1150 29th Ave

    Year built
    2021
    Construction
    FRAME
    Lot size
    0.66 lot acres
    Property size
    3,557 SF
    Property type
    Office buildings
    APN
    06-0798-14-2-04-40-0000
    APU
    6079814204400000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.074
    Latitude
    45.6678
    CBSA code
    14580
    CBSA name
    BOZEMAN, 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
    $15,385
    $0.00
    $0.00
    $1,708,300
    -
    $668,332
    $1,039,968
    $1,708,300

    Comparable in this City

    • Value Estimation by Request
      17,233 SF

      1915 19th Ave

      OFFICE BUILDING • 17,233 SF
      1915 19th Ave, Bozeman, MT 59718-8719
      View Details
    • Value Estimation by Request
      15,118 SF

      1160 29th Ave

      OFFICE BUILDING • 15,118 SF
      1160 29th Ave, Bozeman, MT 59718-4220
      View Details
    • Value Estimation by Request
      12,404 SF

      610 Boardwalk Ave

      OFFICE BUILDING • 12,404 SF
      610 Boardwalk Ave, Bozeman, MT 59718-4178
      View Details
    • Value Estimation by Request
      2,800 SF

      Bozeman, MT 59718

      OFFICE BUILDING • 2,800 SF
      Bozeman, MT 59718
      View Details
    • Value Estimation by Request
      1,120 SF

      Bozeman, MT 59718

      OFFICE BUILDING • 1,120 SF
      Bozeman, MT 59718
      View Details
    • Value Estimation by Request
      13,179 SF

      2621 College St

      OFFICE BUILDING • 13,179 SF
      2621 College St, Bozeman, MT 59718-3982
      View Details

    Similar Nearby for Sale

    • $450,000

      Bozeman Mixed-Use Building For Sale

      Prime Bozeman location, flexible space, great investment.
      3701 Trakker Trl, Bozeman, MT 59718
      View Details
    • $3,499,000
      13,000 SF

      Industrial Facility with Living Quarters

      Un-zoned industrial facility with live/work configuration near Interstate 90.
      7995 Thorpe Rd, Bozeman, MT 59718
      View Details
    • $859,555
      2,671 SF

      Versatile Commercial Space with Flex Plan

      Mixed-use property with commercial space and flexible upper level.
      2605 Fremont St, Bozeman, MT 59718
      View Details
    • $898,500
      2,797 SF

      Versatile Live-Work Space in Bozeman

      2,797 sq ft live-work space with shop and living area.
      2607 Fremont St, Bozeman, MT 59718
      View Details
    • Contact for pricing
      488 SF

      Bozeman Office Suite For Sale

      Efficient office suite in central Bozeman with ample parking.
      2135 Charlotte St, Bozeman, MT 59718
      View Details
    • $529,000
      1,785 SF

      Bozeman Warehouse/Industrial Unit For Sale

      1,785 SF industrial/warehouse unit in Bozeman's Woodlands Park area.
      22 W Haley Springs Rd, Bozeman, MT 59718
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      10,104 SF

      Bozeman Office Building For Lease

      Two-story office building in Four Corners, Bozeman.
      243 Pegasus Dr, Bozeman, MT 59718
      View Details
    • $28 SF/Yr
      2,810 SF

      Bozeman Office Space For Rent

      Second floor office space in a busy Bozeman office park.
      1925 N 22Nd Ave, Bozeman, MT 59718
      View Details
    • Contact for pricing

      Versatile Office and Warehouse Space

      4,900 SF office and warehouse space for rent.
      81211 Gallatin Rd, Bozeman, MT 59718
      View Details
    • $24 SF/Yr
      5,692 SF

      Bozeman Lab and Office Space

      Versatile 5,692 SF lab and office space available for lease.
      1805 S 22Nd Ave, Bozeman, MT 59718
      View Details
    • $20 SF/Yr
      6,110 SF

      High-End Office Space Available

      Former administration office with conference rooms and upgraded cafe.
      1765 S 19Th Ave, Bozeman, MT 59718
      View Details
    • $28 SF/Yr
      2,490 SF

      Bozeman Office Space For Rent

      Second-floor office space in a busy Bozeman office park.
      1925 N 22Nd Ave, Bozeman, MT 59718
      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.
    1150 29th Ave
    Bozeman, MT 59718-4220
    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.
    Sign Up Successful!
    You now have access to more from Realmo!