Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5000 Continental Dr Butte, MT 59701-4368
    Back to Search
    Property profile & analytics

    5000 Continental Dr, Butte, MT 59701-4368

    View on Map
    • Investment properties
    • 8,000 SF
    • 2.82 lot acres
    Off-Market
    Property ID
    US52-0867673
    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

    • The Copper Tee / Department Store

    Property Details for 5000 Continental Dr

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    2.82 lot acres
    Zone code
    R-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01-1198-33-1-01-20-0000
    APU
    1119833101200000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 15, 2016 — Dickinson Family LLP Mike Tillo Quit Claim Deed · related —
    Dec 26, 2008 — Dickinson Family LLP William E Dickinson Warranty Deed —

    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
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.475
    Latitude
    45.9659
    CBSA code
    15580
    CBSA name
    BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,389
    $0.00
    $0.00
    $588,400
    -
    $245,208
    $343,192
    $588,400

    Comparable in this City

    • Value Estimation by Request
      3,522 SF

      2402 Walnut St

      OFFICE/RESIDENTIAL (MIXED USE)
      2402 Walnut St, Butte, MT 59701-4952
      View Details
    • Value Estimation by Request
      1,119 SF

      2119 Harrison Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      2119 Harrison Ave, Butte, MT 59701-6046
      View Details
    • Value Estimation by Request
      1,377 SF

      3348 Harrison Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      3348 Harrison Ave, Butte, MT 59701-3544
      View Details
    • Value Estimation by Request
      736 SF

      500 Montana St

      OFFICE/RESIDENTIAL (MIXED USE)
      500 Montana St, Butte, MT 59701-2418
      View Details
    • Value Estimation by Request
      7,441 SF

      321 Broadway St

      OFFICE/RESIDENTIAL (MIXED USE)
      321 Broadway St, Butte, MT 59701-9126
      View Details
    • Value Estimation by Request
      3,978 SF

      309 Daly St

      OFFICE/RESIDENTIAL (MIXED USE)
      309 Daly St, Walkerville, MT 59701-8224
      View Details

    Similar Nearby for Sale

    • $1,999,999
      0.36 Acres

      Uptown Butte Commercial Opportunity

      Expansive 50,000+ sqft space in the heart of Uptown.
      68 W Broadway St, Butte, MT 59701
      View Details
    • Contact for pricing
      1,152 SF

      Remodeled Commercial Building with Expansion Potential

      Newly remodeled, ADA-compliant commercial building with expansion potential.
      900 S Washington St, Butte, MT 59701
      View Details
    • Contact for pricing
      10,152 SF

      Historic Mixed-Use Building in Butte

      Three-story mixed-use building with apartments and a cafe.
      47 E Broadway St, Butte, MT 59701
      View Details
    • $1,999,999
      51,179 SF

      Uptown Butte Commercial Opportunity

      Expansive 50,000+ sqft property suitable for redevelopment in Butte.
      68 W Broadway St W, Butte, MT 59701
      View Details
    • $3,000,000
      99,999 SF

      Revitalized Mixed-Use Gem in Butte

      Turnkey property with residential units and commercial spaces.
      59 E Park St, Butte, MT 59701
      View Details
    • $2,900,000
      0.10 Acres

      Historic Mixed-Use Investment Opportunity

      Renovated mixed-use property in Uptown Butte with immediate income.
      140 Park St W, Butte, MT 59701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,200 SF

      Butte Retail Space Available

      Retail space for rent in historic Uptown Butte.
      207 S Montana St, Butte, MT 59701
      View Details
    • Contact for pricing

      Harrison Avenue Retail/Office Space

      Office and retail space in a well-known location.
      1230 Harrison Ave, Butte, MT 59701
      View Details
    • $5,000 /Mo
      5,200 SF

      Updated Commercial Space in Butte

      Modern 5,200+/- sq ft space in Historic Uptown Butte.
      207 S Montana St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      2,814 SF

      Hennessy Building Office Space

      Move-in-ready office space in historic Butte landmark.
      130 N Main St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      1,308 SF

      Uptown Butte Commercial Suite

      Versatile commercial space in a distinguished historic landmark.
      130 N Main St, Butte, MT 59701
      View Details
    • $15 SF/Yr
      3,746 SF

      Historic Hennessy Building Office Space

      Versatile 3,746 sq ft space in Uptown Butte landmark.
      130 N Main St, Butte, MT 59701
      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.
    5000 Continental Dr
    Butte, MT 59701-4368
    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
    5000 Continental Dr, Butte, MT, 59701
    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!