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Property profile & analytics
FOR SALE
Retail space
2000 Farragut Ave Butte, MT 59701
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US52-0514549
For Sale
1 / 22
$399,000
2000 Farragut Ave, Butte, MT 59701
View Listing →
Property summary
AI-generated overview
This exceptional commercial property, located at 2000 Farragut Avenue in Butte, Montana, presents a unique opportunity for entrepreneurs and businesses seeking a high-visibility location. Boasting 2,476 square feet of space on a 0.28-acre lot, this property is situated at a high-traffic commercial intersection, ensuring maximum exposure for your business. The current business is not included in the sale
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
WOOD
Total area
2,476 SF
Lot
0.28 ac (11,979 SF)
Zoning code
C1
APN
01-1198-20-3-35-12-0000
UPID
US52-0514549
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
-
Suzy Q's Sewing Boutique Clothing & Fashion Store
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
Kim Merkle · 2 yrs held
Kim Merkle
since 2024
4 recorded transactions
Zoning & alternative use
C1 · Butte, MT
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 Butte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Butte 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
Tax billed
$3,509
Tax year 2023
Assessed value
$165,100
Assessed 2023
Previous assessed
$165,100
+0.0% YoY
Effective rate
2.13%
On assessed value
Land market value
$80,542
Improvement market value
$84,558
Total market value
$165,100
Applied tax rate
840.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1977
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
2,476 SF
Lot
0.28 ac (11,979 SF)
Zoning code
C1
APN
01-1198-20-3-35-12-0000
UPID
US52-0514549
Jurisdiction
SILVER BOW
Zoning & alternative use
C1 · Butte, MT
Zoning C1 · permitted uses
C1 · Butte, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Butte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Kim Merkle
Individual
Mailing address
2000 FARRAGUT AVE, BUTTE, MT 59701-6134
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
Kim Merkle
Rick Merkie
Intrafamily Transfer
related
—
Oct 17, 2018
—
Kim Merkle
Kelli L Harrington
Warranty Deed
—
May 14, 2010
—
Kelli L Harrington
First Montana Bank INC
Warranty Deed
$118,192 · Glacier Bank
Dec 24, 2009
—
First National Bank Of Montana
Mitchell J Kilmer
Warranty Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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