250 Ml Rd, Helena, MT 59602-6932
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.
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Oakleaf Construction Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.