Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    318 5Th Ave Helena, MT 59601
    Back to Search
    Property profile & analytics

    318 5Th Ave Helena, MT 59601

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US52-0866233
    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

    • Commercial real estate

    Property Details for 318 5Th Ave

    Property type
    Commercial real estate

    Description

    This exceptional special-purpose property, located at 318 5th Avenue in Helena, Montana (zip code 59601), presents a compelling investment opportunity. The duplex boasts two 2-bedroom, 1-bathroom units, each approximately 833 square feet, situated on a 3,703 square foot lot (APN: 05188831248070000). One unit has undergone a complete renovation and is fully furnished, offering immediate rental income. The property currently generates a total monthly rent of $2,800. Its prime location in the heart of South Central Helena places it within walking distance of the historic downtown area, the Myrna Loy Theater, local shops, breweries, and restaurants. Recent improvements include a new roof and sewer line. A portion of the duplex features beautiful hardwood flooring. This property offers a blend of modern updates and classic charm, making it an ideal investment for those seeking strong rental returns in a desirable location. The property is easily accessible, with coordinates 46.5867705 latitude and -112.0345404 longitude. Note that provided photos depict only one of the units.

    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
    Helena
    County
    Lewis And Clark
    State
    Montana
    Longitude
    -112.0345404
    Latitude
    46.5867705

    Comparable in this City

    • $138 SF/Yr
      5,000 SF

      Helena Executive Office Space

      Prime Helena Office: 5,000 SF, 10 Acres
      2831 Airport Rd, Helena, MT 59601
      View Details
    • $25 SF/Yr
      27,878 SF

      Helena Office Spaces Available

      Office spaces for rent with flexible lease terms.
      2001 11Th Ave, Helena, MT 59601
      View Details
    • $11 SF/Yr
      5,000 SF

      Helena Executive Office Space

      Prime Helena Office, 5,000 sq ft
      2831 Airport Rd, Helena, MT 59601
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      30,531 SqFt industrial space available for single tenant.
      1500 Blaine St, Helena, MT 59601
      View Details
    • $17 SF/Yr
      25,352 SF

      Helena Commercial Space For Lease

      Office suites available near Capitol, hospital, and freeway.
      2030 11Th Ave, Helena, MT 59601
      View Details
    • $625 /Mo

      Helena Office Space For Lease

      Office space available near downtown Helena.
      212 N Rodney St, Helena, MT 59601
      View Details

    Similar Nearby for Sale

    • $340,000

      Helena Avenue Commercial Property

      Commercial property for sale on Helena Avenue.
      637 Helena Ave, Helena, MT 59601
      View Details
    • $735,000

      Helena Office Building For Sale

      Office building with federal lease and long-term tenancy.
      790 Colleen St, Helena, MT 59601
      View Details
    • $745,000
      6,110 SF

      Helena Commercial Property: High-Yield Investment

      Prime Helena location, multi-tenant income property.
      1100 Waukesha Ave, Helena, MT 59601
      View Details
    • $999,000

      Two-Story Flex Building For Sale

      Two-story, 14,338 SF flex building with recent significant improvements.
      1531 National Ave, Helena, MT 59601
      View Details
    • $289,000
      2.82 Acres

      Residential Land in Helena, MT

      Vacant land for custom home in desirable Helena neighborhood.
      4993 Smallwood Ct, Helena, MT 59601
      View Details
    • Contact for pricing

      2.88 Acres Near Helena Forest

      2.88 acre lot near Helena National Forest, close to downtown.
      2B Grizzly Gulch Dr, Helena, MT 59601
      View Details

    Similar Nearby for Lease

    • $138 SF/Yr
      5,000 SF

      Helena Executive Office Space

      Prime Helena Office: 5,000 SF, 10 Acres
      2831 Airport Rd, Helena, MT 59601
      View Details
    • $11 SF/Yr
      5,000 SF

      Helena Executive Office Space

      Prime Helena Office, 5,000 sq ft
      2831 Airport Rd, Helena, MT 59601
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      30,531 SqFt industrial space available for single tenant.
      1500 Blaine St, Helena, MT 59601
      View Details
    • $17 SF/Yr
      25,352 SF

      Helena Commercial Space For Lease

      Office suites available near Capitol, hospital, and freeway.
      2030 11Th Ave, Helena, MT 59601
      View Details
    • $625 /Mo

      Helena Office Space For Lease

      Office space available near downtown Helena.
      212 N Rodney St, Helena, MT 59601
      View Details
    • $0.16 SF/Yr
      1,629 SF

      Helena Office Space: Artisan Block Gem

      1629 SF Class A Office, Prime Location
      40 14Th St, Helena, MT 59601
      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.
    318 5Th Ave
    Helena, MT 59601
    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

    Thank You for Inquiry
    318 5Th Ave, Helena, MT, 59601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!