Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    205 Arizona St Butte, MT 59701-1801

    • Turn key restaurants
    • 2,602 SF
    • 0.32 lot acres
    OFF-MARKET
    Last Sale
    Mar 14, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0770282
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 205 Arizona St

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    2,602 SF
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    01-1197-13-4-69-01-0000
    APU
    1119713469010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.533
    Latitude
    46.0112
    CBSA code
    15580
    CBSA name
    BUTTE-SILVER BOW, 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
    $5,191
    $0.00
    $0.00
    $290,205
    -
    $50,215
    $239,990
    $290,205

    Comparable in this City

    • Value Estimation by Request
      7,709 SF

      2201 Silver Bow Blvd

      RESTAURANT • 7,709 SF
      2201 Silver Bow Blvd, Butte, MT 59701-4939
      View Details
    • Value Estimation by Request
      2,899 SF

      304 Broadway St

      RESTAURANT • 2,899 SF
      304 Broadway St, Butte, MT 59701-9318
      View Details
    • Value Estimation by Request
      10,661 SF

      801 Frnt St

      RESTAURANT • 10,661 SF
      801 Frnt St, Butte, MT 59701-2927
      View Details
    • Value Estimation by Request
      3,318 SF

      1285 Harrison Ave

      RESTAURANT • 3,318 SF
      1285 Harrison Ave, Butte, MT 59701-4807
      View Details
    • Value Estimation by Request
      1,476 SF

      10 Wyoming St

      RESTAURANT • 1,476 SF
      10 Wyoming St, Butte, MT 59701-1718
      View Details
    • Value Estimation by Request
      8,804 SF

      3541 Harrison Ave

      RESTAURANT • 8,804 SF
      3541 Harrison Ave, Butte, MT 59701-3547
      View Details

    Similar Nearby for Sale

    • $600,000
      2,941 SF

      Established Butte Business Opportunity

      Iconic Butte business for sale with growth potential.
      1921 Harrison Ave, Butte, MT 59701
      View Details
    • $995,000

      Uptown Butte Restaurant & Rentals

      Historic Restaurant, 8 Rental Units
      47 Broadway St, Butte, MT 59701
      View Details
    • $2,900,000
      0.10 Acres

      Historic Mixed-Use Investment Opportunity

      Renovated mixed-use property in Uptown Butte with immediate income.
      140 Park St W, Butte, MT 59701
      View Details
    • $1,250,000

      Butte Casino & Apartment Building

      Thriving Montana Casino, 2-Bedroom Apartment
      2702 Walnut St, Butte, MT 59701
      View Details
    • $850,000
      13,650 SF

      Butte Commercial Building For Sale

      Commercial building with two tenants, suitable for investors or developers.
      1803 Harrison Ave, Butte, MT 59701
      View Details
    • $5,000,000

      Revitalized Mixed-Use Gem in Butte

      Turnkey mixed-use property with residential and commercial spaces in Butte.
      59 E Park St, Butte, MT 59701
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      5,500 SF

      Butte Warehouse: Prime Harrison Ave. Location

      5,500 SF Warehouse - Single Tenant Available
      3544 Harrison Ave, Butte, MT 59701
      View Details
    • $0.02 SF/Yr
      7,461 SF

      Uptown Butte Office Space For Lease

      Prime Butte location, 7,461 sq ft office/retail.
      206 Granite St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      2,427 SF

      Iconic Office Space in Butte

      Turn-key office space in Butte's vibrant Uptown district.
      130 N Main St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      532 SF

      Hennessy Building Office Space

      Prime uptown Butte location with flexible commercial space.
      130 N Main St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      1,308 SF

      Uptown Butte Commercial Suite

      Versatile commercial space in a distinguished historic landmark.
      130 N Main St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      2,814 SF

      Hennessy Building Office Space

      Move-in-ready office space in historic Butte landmark.
      130 N Main St, Butte, MT 59701
      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.
    205 Arizona St
    Butte, MT 59701-1801
    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

    Google sign-in failed. Please try again or use another login method.