Technical
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Property profile

4023 Floweree Dr Helena, MT 59602

FOR SALE
Land
Property ID
US52-0552566
48.47 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 48.47-acre Montana property, located at 4023 Floweree Drive in Helena (zip code 59602), presents a unique opportunity for horse enthusiasts. The property is comprised of three separately sellable parcels. The main 14.50-acre parcel features a charming 3-bedroom, 2.5-bathroom home, a 3-car heated garage, a 1-car heated shop with an attached 6-stall carport, and a barn with a 3-bedroom loft apartment and private deck. Equine facilities include an indoor heated arena with viewing room, stables, sheds, covered metal corrals with individual heated waterers, a washing station, and a round pen. Multiple large outbuildings provide ample storage. Two additional parcels, totaling 33.97 acres (14.91 and 19.06 acres respectively), are dedicated hay fields, fully fenced and cross-fenced for rotational grazing, and equipped with water rights. The property is currently used for boarding, with an established client list available. Built in 1972, this turnkey operation is offered at $2,499,000. Serious inquiries only.

Property profile

Verified
Property type Land
Year built 1972
Lot 48.47 ac (2,111,353 SF)
UPID US52-0552566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Horse Boarding Stable

Location

4023 Floweree Dr Helena, MT 59602
Helena metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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