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    OFF-MARKET
    Commercial real estate

    8410 Applegate Dr, Helena, MT 59602

    1,876 SF 16.67 ac lot Built 1994
    Property ID
    US52-0572443
    Property summary
    AI-generated overview

    This exceptional Helena, Montana property offers a unique investment opportunity. Located at 8410 Applegate Drive, this 1,876 square foot retail space sits on a sprawling 16.67-acre lot, presenting significant potential for redevelopment or repurposing. Built in 1994, the existing structure requires renovation, offering a blank canvas for a discerning buyer. The asking price is $400,000, translating to $213.22 per square foot. The property's expansive acreage includes a substantial 14,000 square foot (140' x 100') riding arena, eight 12x12 stalls, and a tack room – ideal for an equestrian-related business or a buyer with a vision for a unique commercial venture. The existing 1,800+ square foot house, while needing significant interior updates including kitchen renovation, flooring, and painting, provides solid structural bones. The property boasts a prime location overlooking the Helena skyline, offering stunning views and excellent visibility. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a large parcel of land with existing structures in a desirable location, offering substantial upside potential for the right investor. The property is situated in Lewis and Clark County, Montana, with a Helena zip code of 59602. The property features four bedrooms and two bathrooms.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1994
    Total area 1,876 SF
    Lot 16.67 ac (726,145 SF)
    UPID US52-0572443
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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