Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    189 Arden Dr Belgrade, MT 59714
    Back to Search
    Property profile & analytics

    189 Arden Dr Belgrade, MT 59714

    View on Map
    • Manufacturing properties
    • 18,384 SF
    • 2.35 lot acres
    For Lease
    $15 SF/Yr
    View Listing →
    Belgrade Warehouse with Office Space For Lease
    $15 SF/Yr
    14,506 SF

    Belgrade Warehouse with Office Space

    Warehouse with office and yard space for lease in Belgrade.

    189 Arden Drive, Belgrade, MT 59714
    View Listing
    Property ID
    US52-0132123
    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

    • Montana Farmers' Market / Specialty Food Shop / Farmer's Market
    • Dirtbag Kustomz / Metal Fabrication Plant / Factory
    • Ready Workforce Training System / Employment Agency
    • Career Transitions / Business Service Center / Employment Agency

    Property Details for 189 Arden Dr

    Year built
    1985
    Construction
    WOOD
    Lot size
    2.35 lot acres
    Property size
    18,384 SF
    Zone code
    6
    Property type
    Manufacturing properties
    APN
    06-0903-02-1-03-06-0000
    APU
    6090302103060000

    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
    -111.198
    Latitude
    45.784
    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
    $12,988
    $0.00
    $0.00
    $1,539,700
    -
    $440,088
    $1,099,612
    $1,539,700

    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
      576 SF

      Springhill Community Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 576 SF
      Springhill Community Rd, Belgrade, MT 59714
      View Details
    • Value Estimation by Request
      8,214 SF

      180 Thunder Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 8,214 SF
      180 Thunder Rd, Belgrade, MT 59714-8939
      View Details
    • Value Estimation by Request
      11,008 SF

      5170 Jackrabbit Ln

      PROCESSING PLANT (CEMENT, GRAVEL) • 11,008 SF
      5170 Jackrabbit Ln, Belgrade, MT 59714-9017
      View Details
    • Value Estimation by Request
      10,000 SF

      131 Jetway Dr

      PROCESSING PLANT (CEMENT, GRAVEL) • 10,000 SF
      131 Jetway Dr, Belgrade, MT 59714-7143
      View Details
    • Value Estimation by Request
      15,904 SF

      87 Pheasant Ln

      PROCESSING PLANT (CEMENT, GRAVEL) • 15,904 SF
      87 Pheasant Ln, Belgrade, MT 59714-8171
      View Details

    Similar Nearby for Sale

    • 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
    • $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
    • $18,500,000
      66,980 SF

      Truck Repair and Real Estate

      Truck repair business and real estate on I-90 corridor.
      531 Business Hub Dr, Belgrade, MT 59714
      View Details
    • $2,500,000
      2,415 SF

      New Belgrade Live/Work 4-Plex

      Luxury live/work 4-plex with shop in Belgrade, Montana.
      202 Fletching, Belgrade, MT 59714
      View Details
    • $4,997,600
      0.35 Acres

      New Construction Live/Work 4-Plex

      Luxury 3 bed/3 bath live/work space in Belgrade, MT.
      202 Fletching, Belgrade, MT 59714
      View Details
    • $395,000
      1,650 SF

      Heated Commercial Shop Space Available

      Prime commercial shop space near I-90 and the airport.
      152 Countryside Ln E, Belgrade, MT 59714
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      52,713 SF

      Belgrade Industrial & Office Space

      Montana Warehouses & Offices for Lease
      522 Jetway Dr, 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
      30,000 SF

      New Industrial Warehouse in Belgrade

      30,000 SF warehouse with I-90 and Highway 191 access.
      112 Stone Riv Rd, Belgrade, MT 59714
      View Details
    • $3,180 /Mo
      2,880 SF

      Belgrade Commercial Property For Rent

      Well-located commercial space suitable for various business operations.
      845 Glider Ln, 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
    • $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
    View Listing
    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.
    189 Arden Dr
    Belgrade, MT 59714
    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
    189 Arden 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!