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

    315 Franklin Mine Rd Helena, MT 59602

    • Commercial real estate
    • 11.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0910308
    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

    • Commercial real estate

    Property Details for 315 Franklin Mine Rd

    Lot size
    11.10 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 11.1-acre parcel presents a rare opportunity for building your dream home in a desirable location just minutes from Helena, Montana. The property boasts breathtaking panoramic views encompassing city lights, majestic mountains, expansive meadows, and abundant wildlife. Imagine waking up to these stunning vistas every day. The generous lot size offers ample space to construct a substantial residence and even a workshop or outbuilding, catering to various lifestyle needs. The land is conveniently situated for easy access to Helena's amenities while still providing the peace and tranquility of a secluded setting. This property is being sold by a reputable local builder, offering the potential for a custom-built home tailored to your specific preferences. The address is 315 Franklin Mine Road, Helena, MT 59602, within Lewis and Clark County. The asking price for this remarkable property is $284,000. Don't miss this chance to own a piece of Montana's natural beauty and create your ideal home in a prime location. The property is zoned for residential use.

    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
    Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.065128
    Latitude
    46.644867

    Comparable in this City

    • $175,000
      1.84 Acres

      Helena Land: 1.84 Acres

      Build Your Dream Home in Helena, MT
      4999 Fox Trot Dr, Helena, MT 59602
      View Details
    • $135,200
      0.79 Acres

      Helena Residential Land - 0.79 Acres

      Build Your Dream Home in Helena, Montana!
      5497 Fireweed Loop, Helena, MT 59602
      View Details
    • $440,000
      10.58 Acres

      Helena Land: 10 Acres+

      Prime Montana residential land, stunning views.
      126-C & D Pr Rd, Helena, MT 59602
      View Details
    • $325,000
      20.01 Acres

      Helena Mountain Retreat: 20 Acres

      Secluded 20-acre residential lot near Helena, MT.
      7285 Spring Creek Trl, Helena, MT 59602
      View Details
    • $325,000
      5.07 Acres

      Helena Land: 5 Acres Near Golf Course

      Prime Montana acreage with lake views, near Helena.
      8520 Canyon Ferry Rd, Helena, MT 59602
      View Details
    • $250,000
      20.00 Acres

      Helena Mountain Land - 20 Acres

      20 acres, buildable, Hauser Lake access
      7090 Craigle Ln, Helena, MT 59602
      View Details

    Similar Nearby for Sale

    • $198,600
      1.12 Acres

      Helena Land: Build Your Dream Home

      1.12 Acres, Prime Helena Location
      5494 Fireweed Loop, Helena, MT 59602
      View Details
    • $161,900
      1.27 Acres

      Helena Valley Dream Lot

      1.27 Acres, Build Your Dream Home
      3760 Beargrass Ct, Helena Valley Northeast, MT 59602
      View Details
    • $229,000
      0.58 Acres

      Helena Golf Course Lot

      Prime 0.577-acre lot, build your dream home.
      4270 Fox Den Dr, Helena, MT 59602
      View Details
    • $319,950
      8.12 Acres

      Helena Land: 8 Acres, Endless Potential

      Montana acreage ideal for residential or commercial development.
      5382 Equestrian Dr, Helena, MT 59602
      View Details
    • $343,000
      20.02 Acres

      Montana Land: 20 Acres w/ Views

      Prime Helena acreage, stunning Missouri River views.
      6830 Black Sandy Loop, Helena, MT 59602
      View Details
    • $163,100
      1.14 Acres

      Helena Valley Dream Lot

      1.14 Acres, Build Your Dream Home
      3750 Wolfwillow Ct, Helena Valley Northeast, MT 59602
      View Details

    Similar Nearby for Lease

    • $72,500

      Prime Retail Pad Site For Lease

      1.65 acre pad site in Helena's expanding retail hub.
      3315 N Sanders St, Helena, MT 59602
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      1.65 acre pad site in Helena's expanding retail hub.
      3325 N Sanders St, Helena, MT 59602
      View Details
    • $8 SF/Yr
      675 SF

      Helena Warehouse Space for Lease

      Industrial storage, 675 sq ft, Montana.
      2961 Canyon Ferry Rd, Helena, MT 59602
      View Details
    • $18 SF/Yr
      5,880 SF

      Class A Office Space

      5,880 SF Class A office space for lease.
      3390 Colton Dr, Helena, MT 59602
      View Details
    • $13 SF/Yr
      12,000 SF

      Prime Retail Space on Montana

      12,000 SF retail space in Northside Shopping Center.
      3131 N Montana Ave, Helena, MT 59602
      View Details
    • $18 SF/Yr
      36,023 SF

      Northside Center Retail Shops in Helena, MT

      Target-anchored retail space, Helena, Montana.
      3315 Montana Ave, Helena, MT 59602
      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.
    315 Franklin Mine Rd
    Helena, MT 59602
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.