Property profile

28 Roundboy Ct Kalispell, MT 59901

OFF-MARKET
Commercial land
Property ID
US52-0292274
1.21 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased 20,000 square foot commercial warehouse situated on a 1.208-acre lot in Kalispell, Montana. Strategically located just minutes from Glacier Park International Airport, this property boasts a prime location for optimal accessibility and visibility. Constructed in 2007, the building features robust steel-framed construction, ensuring durability and longevity. The warehouse is equipped with ten overhead doors, facilitating efficient loading and unloading operations, and ample paved parking is available for tenants and visitors. Currently, the property is fully leased to two established tenants: Napa and Nomad. Napa holds a lease extending until 2028, providing long-term income stability, while Nomad operates under a month-to-month agreement. Adding to the investment potential, the property comprises eight separately deeded condominiums, offering flexibility and potential for future development or individual sales. This turnkey investment is offered at $3,800,000 and presents a compelling opportunity for investors seeking a stable, high-yield commercial property in a rapidly growing area. The property's strong tenant occupancy, desirable location, and modern construction make it an attractive proposition for discerning investors.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.21 ac (52,620 SF)
APN 07-4078-21-1-01-67-7777
UPID US52-0292274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy (Bike/Boat/Book/etc) Store
  • Car Rental Facility
  • Auto Repair Shop
  • Ambulance Service Fire Department Equipment Supplier
  • Auto Parts Store

Location

28 Roundboy Ct Kalispell, MT 59901-3394
Kalispell metro Census 601 KALISPELL, MT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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