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Property profile & analytics
OFF-MARKET
Retail space
116 Park St, Butte, MT 59701-1716
Entity Owned
2-yr Hold
Free & Clear
Property ID
US52-0650598
Property summary
AI-generated overview
if you need to occupy the commercial space yourself
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
WOOD
Total area
3,686 SF
Lot
0.05 ac (2,091 SF)
Zoning code
C-3
APN
01-1197-13-1-08-50-0000
UPID
US52-0650598
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
BUTTE MULE HISTORIC TOURS Resort
-
BUTTE STUFF (Bike/Boat/Book/etc) Store
-
UHJ Limited Food Processing Plant
-
BGTY Limited Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jailhouse Properties LLC · 2 yrs held
Jailhouse Properties LLC
since 2024
4 recorded transactions
Zoning & alternative use
C-3 · Butte, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Butte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Butte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,352
Tax year 2023
Assessed value
$277,300
Assessed 2023
Previous assessed
$277,300
+0.0% YoY
Effective rate
1.57%
On assessed value
Land market value
$39,272
Improvement market value
$238,028
Total market value
$277,300
Applied tax rate
848.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
SPACE
Cooling
NONE
Stories
2
Total area
3,686 SF
Lot
0.05 ac (2,091 SF)
Zoning code
C-3
APN
01-1197-13-1-08-50-0000
UPID
US52-0650598
Jurisdiction
SILVER BOW
Zoning & alternative use
C-3 · Butte, MT
Zoning C-3 · permitted uses
C-3 · Butte, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Butte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Jailhouse Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3930 SADDLE ROCK RD, BUTTE, MT 59701-6631
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
—
Jailhouse Properties LLC
Theodore H Ackerman
Quit Claim Deed
related
—
Apr 14, 2023
—
Theodore H Ackerman
—
Deed
related
$178,267 · Granite Mountain Bank
Aug 25, 2022
—
Theodore H Ackerman
Montana Adventure Properties LLC
Warranty Deed
—
May 4, 2016
—
Wade E Nason
—
Deed
related
$151,924 · Big Sky Western Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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