531 Business Hub DrBelgrade, MT 59714

Property Details for 531 Business Hub Dr

Year built

2017

Construction

STEEL FRAME

Lot size

7.15 AC

Property size (Sq ft)

42,480 SF

Property type

Auto shops

APN

06-0903-02-3-01-45-0000

APU

6090302301450000

Description

This exceptional commercial property in Belgrade, Montana, presents a unique investment opportunity encompassing both real estate and an established business. The 7.15-acre site boasts high visibility from Interstate 90 and features three strategically positioned buildings totaling 66,980 square feet. The main building, a substantial 42,620 square foot structure, includes a 30,000 square foot Behlen steel shop with a 4,360 square foot storage loft, 5,900 square feet of main-level retail/office space, and 2,100 square feet of second-floor offices featuring a large training/conference room. A 4,620 square foot basement/break room offers additional space, complete with a kitchenette and a three-quarter bathroom. The building is equipped with 3-phase power, 600-amp service, and a sprinkler system. Two additional 50' x 200' Behlen steel buildings provide ample warehouse space

• CAP approach

  CAP return

  Valuation

  6%

  $8,803,980

  6.5%

  $8,126,750

  7%

  $7,546,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,419,450

  Geo Method

  $9,419,450

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $15,972,100

  Mixed-Use / Specialty

  $8,047,610

  Hospitality / Lodging

  $5,838,970

  Office

  $7,947,560

  Institutional / Educational

  $8,348,350

  Residential Income

  $9,767,570

  Multifamily

  $11,992,800

  Automotive / Energy

  $7,155,730

  Parking / Income-Based Land

  $2,518,920

  Restaurant / Food Service

  $4,078,570

  Healthcare / Senior Housing

  $8,304,120

Location Insight

City

Belgrade

County

Gallatin

State

Montana

Latitude

45.7772

Longitude

-111.201

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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