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Property profile & analytics
FOR SALE
Office buildings

2005 Gilkerson Dr Bozeman, MT 59715

9,180 SF 1.41 ac lot Built 1978
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US52-0265263
Property summary
AI-generated overview

This exceptional 1,540-square-foot single-tenant office space, located in Gallatin County off North 7th Avenue, presents a fantastic opportunity for businesses seeking a convenient and cost-effective location. The property is classified as a traditional office space within a retail building. The layout features a spacious 1,500 square foot open flex area, ideal for adaptable work environments. Two private rooms provide additional space for individual offices or meeting areas. Shared bathrooms are conveniently located within the building. An added benefit is the availability of outdoor space, offering potential for additional use or employee breaks. The attractive gross lease rate includes all utilities, significantly reducing operational costs for the tenant. The tenant is only responsible for internet, phone, and cable services. This makes this property an exceptional value in a desirable location. The property's convenient location and inclusive utility package make it an ideal choice for a variety of businesses. Don't miss this chance to secure this well-priced, versatile office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction WOOD
Total area 9,180 SF
Lot 1.41 ac (61,507 SF)
APN 06-0798-01-1-98-12-0000
UPID US52-0265263
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
  • Montana MVD Department Of Motor Vehicles
  • Driver Services Bureau Driver'S License Office
  • Jazzercise Gym & Fitness Center
  • Bozeman Innovation Academy - An Acton Academy High School
  • Asian Massage Alternative Medicine Practice Spa & Massage Center
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
Ellison Ranch Limited Partnership · 12 yrs held
Ellison Ranch Limited Partnership
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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