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    310 2Nd St Sidney, MT 59270
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    Property profile & analytics

    310 2Nd St Sidney, MT 59270

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    • Office properties & Spaces
    • 0.64 lot acres
    Off-Market
    Property ID
    US52-0648982
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 310 2Nd St

    Year built
    1950
    Lot size
    0.64 lot acres
    Property type
    Office properties & Spaces

    Description

    This unique commercial property at 310 NE 2nd Street in Sidney, Montana, presents a compelling investment opportunity. Situated on a 0.64-acre lot in the heart of downtown, the building seamlessly blends historic character with adaptable space, perfect for a variety of businesses. The office area boasts an original vault, adding a distinctive touch and potential for creative use. Three generously sized warehouse bays offer substantial storage capacity or the flexibility to accommodate diverse business needs. The building's central location provides excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a prominent presence in the Sidney business community. The current business occupying the space is relocating, presenting a clean slate for a new owner to customize and develop the property to their specific requirements. This is a rare chance to acquire a well-positioned, historically significant commercial building with significant potential for growth and return on investment. The asking price is $494,000. The square footage is not currently available. This property is ready for its next chapter.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sidney
    County
    Richland
    State
    Montana
    Longitude
    -104.1546
    Latitude
    47.71713

    Comparable in this City

    • Contact for pricing
      12,932 SF

      Mixed-Use Building For Sale

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      New Industrial Facility Sale-Leaseback

      Newly constructed 13,800 SF industrial building on 3.17 acres.
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    • $310,000
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      Sidney MT Commercial Shop Building

      3,700 sq ft commercial space on 16,500 sq ft lot.
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    • $550,000
      17.54 Acres

      Sidney, MT Commercial Land - 17.5 Acres

      Prime 17.5-acre development opportunity. Unzoned, high visibility location.
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    • $85,000
      2.50 Acres

      2.5 Acre Vacant Land

      2.5 acre lot near Sidney with utilities available.
      Tbd County Rd 122, Sidney, MT 59270
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    • $2,055,000

      Burger King Investment Property

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    Similar Nearby for Sale

    • Contact for pricing
      12,932 SF

      Mixed-Use Building For Sale

      Mixed-use building with retail, office, and brewery spaces available.
      117 S Central Ave, Sidney, MT 59270
      View Details
    • $310,000
      3,700 SF

      Sidney MT Commercial Shop Building

      3,700 sq ft commercial space on 16,500 sq ft lot.
      139 7Th St SW, Sidney, MT 59270
      View Details
    • $2,900,000
      13,800 SF

      New Industrial Facility Sale-Leaseback

      Newly constructed 13,800 SF industrial building on 3.17 acres.
      908 25Th Ave SE, Sidney, MT 59270
      View Details
    • $550,000
      17.54 Acres

      Sidney, MT Commercial Land - 17.5 Acres

      Prime 17.5-acre development opportunity. Unzoned, high visibility location.
      600 Lincoln Ave, Sidney, MT 59270
      View Details
    • $85,000
      2.50 Acres

      2.5 Acre Vacant Land

      2.5 acre lot near Sidney with utilities available.
      Tbd County Rd 122, Sidney, MT 59270
      View Details
    • $2,055,000

      Burger King Investment Property

      Freestanding Burger King with drive-thru on main commercial corridor.
      416 North Central Ave, Sidney, MT 59270
      View Details
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    Sidney, MT 59270
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    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.

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