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    OFF-MARKET
    Showrooms

    250 Ml Rd, Helena, MT 59602-6932

    1,088 SF 3.99 ac lot Built 1981
    Entity Owned Free & Clear
    Property ID
    US52-0645638
    Property summary
    AI-generated overview

    This exceptional Lewis and Clark County property at 250 Mill Road offers a unique blend of traditional office space and expansive agricultural potential. The main office building comprises 4,320 square feet, situated on a substantial 173,717 square foot lot. The property is zoned Agricultural and features a single-tenant occupancy. The building includes 15 parking spaces for convenient access. The true highlight, however, lies in the five available greenhouses, each measuring 4,320 square feet. Each greenhouse is equipped with an irrigation system, shelving, a gas furnace, and a brand new roof. An additional acre of yard space is also available, offering flexibility in lease terms and space utilization. The property boasts a deep commercial well providing high-quality water, a significant advantage for agricultural operations. This presents a rare opportunity to lease a fully equipped and established agricultural space, minimizing initial capital investment while maximizing potential returns. The previous owner successfully operated the business for 45 years, demonstrating the property's viability. The property's APN is 05188701401050000. This is an ideal location for a variety of agricultural ventures, from growing starter plants and herbs to cultivating microgreens. The lease offers flexibility, reduced responsibility, and a potential path to ownership after a successful period. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1981
    Construction WOOD
    Total area 1,088 SF
    Lot 3.99 ac (173,717 SF)
    APN 05-1887-01-4-01-05-0000
    UPID US52-0645638
    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
    • Oakleaf Construction Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Iris LLC
    Iris LLC
    since 2026
    3 recorded transactions
    2026
    2025
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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