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Property profile & analytics
OFF-MARKET
Self storage facilities

151 Bolinger Rd Belgrade, MT 59714

70,373 SF 8.54 ac lot
Property ID
US52-0165138
Property summary
AI-generated overview

This exceptional 70,373 square foot industrial property in Belgrade, Montana, presents a unique investment opportunity. Comprising 17 buildings on an 8.54-acre lot, the portfolio includes 196 self-storage units boasting 98-100% occupancy, a 6,600 square foot shop with integrated office space, and two successful vacation rentals (VRBOs). One VRBO is a 5,400 square foot custom home accommodating over 20 guests, while the other is located in a separate building. Both VRBOs have a strong rental history, consistently exceeding 60% occupancy. The property's strategic location just west of Belgrade's rapidly expanding area and its proximity to Yellowstone International Airport further enhance its appeal. The asking price is $9,250,000, representing a 5.86% capitalization rate and a NOI of $541,738. The property's diverse income streams, high occupancy rates, and prime location make it an attractive investment prospect with significant potential for future growth. The property is classified as industrial, mixed-use, office, and self-storage, with a flex/warehouse subtype. The price per square foot is $131.44.

Property profile
Verified
Property type Self storage facilities
Total area 70,373 SF
Lot 8.54 ac (372,002 SF)
UPID US52-0165138
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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