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    2205 Mt Highway 35 Kalispell, MT 59901

    Sponsored
    For Sale
    Under Contract
    $3,500,000

    SINGLE_FAMILY - Kalispell, MT

    Type:Retail
    Lot size:
    15.19 Acres
    Days on Market:
    45
    Last Refresh:
    Jan 21 at 2:06 pm

    Property Features for 2205 Mt Highway 35

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active Under Contract
    Zoning
    Agricultural
    APN
    07396602102010000
    Lot size
    15.19 Acres

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    David G Stone
    David G Stone

    PureWest Real Estate (406) 751-5605 [email protected]

    Listing agent David G Stone (406) 250-7249 License #RRE-BRO-LIC-12188

    Listing date Dec 8, 2025

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Garden Center on 15 Acres

    This is a rare opportunity to own the historic Hooper's Garden Center, a renowned cornerstone of the Flathead's landscaping and gardening community. The 15.19-acre property, once a hub of industry innovation and growth, awaits a new owner with vision, capital, and a passion for revitalization. The property features two robust wells with abundant water rights and redundant watering systems. It includes over 19,000 square feet of retail and indoor gardening space, plus over 9,500 square feet dedicated to production, warehouse, and maintenance operations. There are also expansive greenhouses covering 67,000 square feet built on a full concrete foundation. The sale includes all real estate and improvements, offering a solid foundation for renewal. At its peak, the business supported 45 employees and served as a pivotal industry leader. Now, it stands ready for reinvigoration under new ownership committed to restoring its legacy. This property is zoned agricultural and is located in Kalispell, MT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Auto Parts Store Skin Care Clinic Food Market Grocery Store Garden Center Electrical Service Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hooper's Garden Center

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.2322062
    Latitude
    48.21846728

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    FAQs

    What type of property is this?
    Nursery and garden center - Renowned garden center on 15 acres ready for revitalization.
    Where is this nursery and garden center located?
    The property is located at 2205 Mt Highway 35 Kalispell, MT.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 15-acre property with established history as Hooper's Garden Center.; - Extensive infrastructure: **19k+ sf of retail/indoor gardening space, 9500+ sf of production/warehouse/maintenance space, and 67k sf of greenhouses on concrete foundations.**; - Two robust wells with abundant water rights and redundant watering systems.
    (406) 250-7249
    Request Owner's contact information
    2205 Mt Highway 35 Kalispell, MT 59901
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    Kalispell, MT 59901
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2205 Mt Highway 35 Kalispell, MT 59901
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    We can help!
    Listing Contact
    David G Stone
    David G Stone
    Real Estate License ID: RRE-BRO-LIC-12188
    (406) 250-7249
    Learn more
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