8410 Applegate Dr, Helena, MT 59602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.