Belgrade, MT
Commercial Real Estate Market Trends & Data

$445 Avg asking sale price
$1,423 Avg asking lease rate
20,075 SF Avg unit lease size
9,455 SF Avg building size for sale
4.30% Average cap rate

Belgrade's Demographic Profile

Belgrade has 5,587 households and a median income of $75,168, providing context for rent absorption and tenant demand across retail and multifamily assets. A +17% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 14,197
# Households 5,587
Median age 35
Median household income $75,168
Avg household size 3.0
Renter-occupied housing units 2,260
5-year population change +17%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Belgrade, MT

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Belgrade $448 21,930 SF
Bozeman $535 18,833 SF
Livingston $667 2,400 SF
East Helena $1,055 2,560 SF
Montana City $364 8,218 SF

Commercial Properties For Sale in Belgrade

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fletching Live/Work Units

Belgrade, MT 59714

  • 9,660 SF Flex Building
  • $2,500,000
For Sale

203 Fletching Way

Belgrade, MT 59714

  • 2,419 SF Multifamily
  • $1,950,000
For Sale

At Home Storage

Belgrade, MT 59714

  • 95,660 SF Specialty
  • 4.30% Cap Rate
  • $7,220,000
For Sale

3.79 Commercial acres with Modular home

Belgrade, MT 59714

  • 3.79 AC Lot
  • 1 Commercial Lot
  • $1,750,000
For Sale

TBD Ridgeway Thorpe

Belgrade, MT 59714

  • 3.79 AC Lot
  • 1 Commercial Lot
  • $1,750,000
For Sale

605 E Cameron Bridge Rd

Bozeman, MT 59718

  • 5.22 AC Lot
  • 1 Commercial Lot
  • $1,299,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Belgrade pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Belgrade $445 9,455 SF
Manhattan $125 79,375 SF
Bozeman $418 7,354 SF
Clyde Park $100 4,271 SF
Three Forks $468 2,457 SF

Regional Demographic Comparison

This comparison places Belgrade alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Belgrade or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Belgrade 14,197 5,587 35 $75,168 3 2,260 17%
Manhattan 2,041 807 41 $66,612 3 245 9%
Bozeman 66,236 27,151 32 $75,174 2 15,099 14%
Clyde Park 389 170 51 $58,181 2 38 3%
Three Forks 1,755 718 41 $70,073 2 188 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Belgrade, MT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Belgrade

View All Commercial Real Estate For Sale in Belgrade
Is Belgrade a good market for a first-time commercial real estate investor?

Belgrade offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Belgrade?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Belgrade. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Belgrade?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Belgrade. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Belgrade compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Belgrade. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Belgrade acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Belgrade, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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