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Property profile & analytics
OFF-MARKET
Manufacturing properties
1616 Lewis St, Helena, MT 59601-3079
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US52-0380463
Property summary
AI-generated overview
This is a 1,750 square foot single-level building located in Helena's Midtown Rail Road District. The property is zoned CLM (Commercial Light Manufacturing), making it suitable for trades, light industrial, or specialty uses. It is adaptable for contractors, fabricators, producers, or creative tradespersons. The building features a loading dock with well and ramp, secured fenced parking, and outdoor storage. It also includes floor drains and an open span with approximately 12-foot ceilings. Good natural light is supplemented by LED lighting throughout. A walk-in cooler and freezer are optionally available. The lot size is 0.451 acres, and the property benefits from strong infrastructure and flexible zoning.
Property profile
Verified
Property type
Manufacturing properties
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
WOOD
Total area
3,440 SF
Lot
0.45 ac (19,646 SF)
APN
05-1888-29-2-30-07-0000
UPID
US52-0380463
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
-
Helena Food Share Food Bank Charitable Organization
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
Me Holdings Lc · 1 yrs held
Me Holdings Lc
since 2025
2 recorded transactions
Zoning & alternative use
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 Helena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Helena 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
Assessed value
$380,800
Assessed 2023
Previous assessed
$315,900
+20.5% YoY
Land market value
$140,254
Improvement market value
$240,546
Total market value
$380,800
Applied tax rate
4,870.0000
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
Manufacturing properties
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
SPACE
Stories
1
Total area
3,440 SF
Lot
0.45 ac (19,646 SF)
APN
05-1888-29-2-30-07-0000
UPID
US52-0380463
Jurisdiction
LEWIS AND CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
SPACE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Me Holdings Lc
Entity
Mailing address
PO BOX 943, HELENA, MT 59624-0943
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
—
Me Holdings Lc
Helena Food Share INC
Warranty Deed
$607,071 · Farmers State Bank
Nov 9, 2023
—
Helena Food Share INC
—
Deed
related
$4,700,000 · Valley Bank Of Helena
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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