Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1500 10th S Ave Great Falls, MT 59405-2626
    Back to Search
    Property profile & analytics

    1500 10th S Ave, Great Falls, MT 59405-2626

    View on Map
    • Turn key restaurants
    • 12,300 SF
    Off-Market
    Property ID
    US52-0129555
    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

    • Green Apple Counseling, LLC / Crisis Center / Medical Clinic
    • hampton inn / Hotel & Motel
    • Hudson Law PLLC / Law Firm
    • Rubino Brenda / Insurance Agency
    • Georgia Shultz / Physician / Medical Clinic

    Property Details for 1500 10th S Ave

    Year built
    1993
    Construction
    WOOD
    Property type
    Turn key restaurants
    APN
    02-3016-18-2-36-13-I001
    APU
    0230161823613I001

    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
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.281
    Latitude
    47.4939
    CBSA code
    24500
    CBSA name
    GREAT FALLS, MT METROPOLITAN 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
    $26,243
    $0.00
    $0.00
    $2,235,560
    -
    $0.00
    $2,235,560
    $2,235,560

    Comparable in this City

    • Value Estimation by Request
      4,664 SF

      500 Riv S Dr

      RESTAURANT
      500 Riv S Dr, Great Falls, MT 59405-1809
      View Details
    • Value Estimation by Request
      4,781 SF

      5401 9th S Ave

      RESTAURANT
      5401 9th S Ave, Great Falls, MT 59405-5807
      View Details
    • Value Estimation by Request
      5,032 SF

      4810 2nd Ave N Ste, Unit 1

      RESTAURANT
      4810 2nd Ave N Ste, Great Falls, MT 59405-1437
      View Details
    • Value Estimation by Request
      4,809 SF

      3212 10th S Ave

      RESTAURANT
      3212 10th S Ave, Great Falls, MT 59405-3449
      View Details
    • Value Estimation by Request
      6,060 SF

      5100 Star Blvd

      RESTAURANT
      5100 Star Blvd, Great Falls, MT 59405
      View Details
    • Value Estimation by Request
      6,000 SF

      1220 9th S St

      RESTAURANT
      1220 9th S St, Great Falls, MT 59405-4421
      View Details

    Similar Nearby for Sale

    • $1,122,328
      2,656 SF

      Great Falls Pizza Hut Investment

      Profitable Pizza Hut, NNN Lease, Great Falls, MT
      4900 2nd Ave N, Great Falls, MT 59405
      View Details
    • Contact for pricing
      2,656 SF

      Great Falls NNN Investment Property

      Long-term NNN lease with attractive rental increases in Great Falls.
      4900 2Nd Ave N, Great Falls, MT 59405
      View Details
    • Contact for pricing

      Great Falls Restaurant Opportunity

      Well-known restaurant property for sale in Great Falls.
      3315 10Th Ave S, Great Falls, MT 59405
      View Details
    • Contact for pricing

      Restaurant Building and Business ForSale

      Restaurant building and business for sale on 1.233 acres.
      3315 10Th Ave S, Great Falls, MT 59405
      View Details
    • $2,250,000
      15,000 SF

      Downtown Commercial Building with Showroom

      Commercial building in downtown Great Falls with showroom and warehouse.
      201 2Nd Ave South, Great Falls, MT 59405
      View Details
    • Contact for pricing
      Pending

      Downtown Commercial Building For Sale

      5000 sq ft commercial building in downtown district.
      622 3Rd Ave S, Great Falls, MT 59405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,110 SF

      Retail Space in Holiday Village

      Retail space available in Great Falls' dominant retail corridor.
      900 10Th Ave S, Great Falls, MT 59405
      View Details
    • $3 SF/Yr
      28,269 SF

      Prime Office Space, 13th Ave S

      28,269 sq ft Office Building - Huge Potential
      715 13Th Ave, Great Falls, MT 59405
      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.
    1500 10th S Ave
    Great Falls, MT 59405-2626
    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

    Thank You for Inquiry
    1500 10th S Ave, Great Falls, MT, 59405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!