Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    170 Andrea Dr Belgrade, MT 59714-8945
    Property profile & analytics

    170 Andrea Dr Belgrade, MT 59714-8945

    View on Map
    • Warehouses
    • 14,400 SF
    • 2.79 lot acres
    Off-Market
    Property ID
    US52-0288819
    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

    • Top Edge Roofing / Roofing Company / General Contractor
    • Design Roofing & Restoration / Roofing Company / General Contractor
    • KO Concrete Coatings / Construction Company / General Contractor
    • The Gallatin Underground / Film Production / Television Studio
    • Integrity Sales / Big Box & Wholesale Store

    Property Details for 170 Andrea Dr

    Year built
    2004
    Lot size
    2.79 lot acres
    Property size
    14,400 SF
    Zone code
    M-2
    Property type
    Warehouses
    APN
    06-0903-02-1-01-07-7000
    APU
    6090302101077000

    Property Overview

    Located in Belgrade, Montana, this property offers approximately 1,800 square feet of combined warehouse and office space. It features approximately 800 square feet of warehouse space and approximately 1000 square feet of office space. The warehouse is designed for storage, light manufacturing, or distribution. The office space includes 4 offices and one 3/4 bathroom, suitable for administrative functions and customer service. The light industrial zoning allows for a wide range of business operations, from manufacturing to warehousing. The property also features a 30x40 secure yard space with a conex box, providing a fully enclosed, secure outdoor storage space for equipment, vehicles, or inventory. The property offers access to major highways and Bozeman Yellowstone International Airport.

    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
    Belgrade
    County
    Gallatin
    State
    Montana
    Longitude
    -111.201
    Latitude
    45.785
    CBSA code
    14580
    CBSA name
    BOZEMAN, MT MICROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $476,911
    $45,900
    $522,811

    Comparable in this City

    • Value Estimation by Request
      30,690 SF

      1828 Amsterdam Rd

      Medical Office Space • 30,690 SF
      1828 Amsterdam Rd, Belgrade, MT 59714
      View Details
    • Value Estimation by Request
      10,800 SF

      5102 Jackrabbit Ln

      MINI-WAREHOUSE, STORAGE • 10,800 SF
      5102 Jackrabbit Ln, Belgrade, MT 59714-9017
      View Details
    • Value Estimation by Request
      10,000 SF

      631 Jetway Dr

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      631 Jetway Dr, Belgrade, MT 59714-7148
      View Details
    • Value Estimation by Request
      8,000 SF

      2045 Oro Ln

      MINI-WAREHOUSE, STORAGE • 8,000 SF
      2045 Oro Ln, Belgrade, MT 59714
      View Details
    • Value Estimation by Request
      3,600 SF

      Belgrade, MT 59714

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      Belgrade, MT 59714
      View Details
    • Value Estimation by Request
      2,600 SF

      27 Progressive Dr

      Distribution properties • 2,600 SF
      27 Progressive Dr, Belgrade, MT 59714
      View Details

    Similar Nearby for Sale

    • $489,260
      Pending

      Belgrade Warehouse Near Airport

      Modern warehouse near Bozeman Airport, suitable for diverse commercial uses.
      1102 Jackrabbit Ln, Belgrade, MT 59714
      View Details
    • $25,250,000
      53,000 SF

      Amazon Distribution Center in Belgrade, MT

      Prime Montana Investment: 53,000 SF Amazon Lease
      104 Brewers Boulevard, Belgrade, MT 59714
      View Details
    • Contact for pricing
      1,452 SF

      Belgrade Warehouse Near Airport

      Modern, versatile warehouse near Bozeman Airport with seller financing.
      1102 Jackrabbit Ln, Belgrade, MT 59714
      View Details
    • $950,000
      4.03 Acres

      Gallatin Valley Land with Creek

      4+ acre parcel with creek, mountain views, and installed septic.
      Tbd Hamilton, Belgrade, MT 59714
      View Details
    • $799,900
      1.52 Acres

      Belgrade Commercial Land I-90 Access

      1.52-acre commercial parcel with I-90 access in Belgrade, MT.
      Monica Ct, Belgrade, MT 59714
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Belgrade Flex Space Available

      Flex space available for rent in Belgrade, Montana.
      170 Skyway Blvd, Belgrade, MT 59714
      View Details
    • $15 SF/Yr
      7,781 SF

      Revitalized Industrial Space in Belgrade

      7,781 SF warehouse/office space near I-90, ideal for industrial users.
      189 Arden Dr, Belgrade, MT 59714
      View Details
    • $15 SF/Yr
      14,506 SF

      Belgrade Warehouse with Office Space

      Warehouse with office and yard space for lease in Belgrade.
      189 Arden Dr, Belgrade, MT 59714
      View Details
    • $16 SF/Yr
      2,203 SF

      New Belgrade Warehouse Unit

      New warehouse unit in Belgrade, suitable for various businesses.
      122 Donjo Ave, Belgrade, MT 59714
      View Details
    • $14 SF/Yr
      52,713 SF

      Belgrade Industrial & Office Space

      Montana Warehouses & Offices for Lease
      522 Jetway Dr, Belgrade, MT 59714
      View Details
    • $17 SF/Yr
      4,140 SF

      Belgrade Warehouse with Mezzanine Office

      New 6,500 SF Belgrade warehouse with versatile commercial space.
      110 Stone Riv Rd, Belgrade, MT 59714
      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.
    170 Andrea Dr
    Belgrade, MT 59714-8945
    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
    170 Andrea Dr, Belgrade, MT, 59714
    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!