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81211 Gallatin Rd 32,965 SF 100% Leased Retail Building Bozeman, MT 59718 $10,518,000 ($319.07/SF) 7.25% Cap Rate
Executive Summary
Commercial Income Property with Development Upside
This property is located less than one mile south of the Four Corners intersection along US Highway 191, a major arterial serving Bozeman and the Gallatin Valley. The 33,447-square-foot facility sits on 2.777 acres and consists of five condominium units, offering stabilized income and long-term tenancy with potential for future development. The site includes approximately 337 feet of frontage on US-191 South, providing strong visibility in a high-traffic corridor.
The surrounding market is characterized by sub-3% industrial vacancy rates, reinforcing strong leasing fundamentals and long-term demand. Montana’s pro-business environment, favorable tax structures, and streamlined permitting continue to attract industrial investment and employer relocations.
This property is located less than one mile south of the Four Corners intersection along US Highway 191, a major arterial serving Bozeman and the Gallatin Valley. The 33,447-square-foot facility sits on 2.777 acres and consists of five condominium units, offering stabilized income and long-term tenancy with potential for future development. The site includes approximately 337 feet of frontage on US-191 South, providing strong visibility in a high-traffic corridor.
The surrounding market is characterized by sub-3% industrial vacancy rates, reinforcing strong leasing fundamentals and long-term demand. Montana’s pro-business environment, favorable tax structures, and streamlined permitting continue to attract industrial investment and employer relocations.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
32,965 SF
Building Class
B
Year Built
2007
Price
$10,518,000
Price Per SF
$319.07
Cap Rate
7.25%
NOI
$762,555
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.77 AC
Zoning
Four Corners Zoning Dist
Amenities
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $17,289,655 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$17,289,655
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81211 Gallatin Rd
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