Property profile

1406 Haynes Ave Miles City, MT 59301

OFF-MARKET
Drive through restaurants
Property ID
US52-0786524
3,440 SF 0.76 ac lot Built 1976
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This vacant restaurant building presents a compelling redevelopment opportunity in Miles City, Montana. Located at 1406 S Haynes Ave, this fee-simple property offers 3,510 square feet on a 0.76-acre lot, boasting 29 parking spaces. Built in 1976, the Class B building is situated on a hard corner with excellent visibility from Interstate 94, a major thoroughfare with over 8,000 vehicles daily. The property's strategic location near significant retailers such as Walmart and Albertsons, and its proximity to several hotels (Travelodge, Sleep Inn, Best Western, and Econolodge), ensures high foot traffic and strong market potential. The permitted zoning is 6. The property is currently vacant and available for immediate occupancy, allowing for a seamless transition for prospective buyers. This is an exceptional investment opportunity for entrepreneurs seeking a high-traffic location in a thriving Montana market. The asking price is $650,000. The property features one building, one story, and is zoned for commercial use. The property is not subject to a ground lease.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1976
Construction WOOD
Total area 3,440 SF
Lot 0.76 ac (32,931 SF)
Zoning code 6
APN 14-1640-02-2-01-02-0000
UPID US52-0786524

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
  • Restaurant

Location

1406 Haynes Ave Miles City, MT 59301-5760
Miles City metro Census 961900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$705k

Owner & transaction history

Zoning & alternative use

6 · Miles City, MT

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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