Flex Space with
For Sale
Contact for pricing
105 Rocky Clf Ln, Kalispell, MT 59901
Combined warehouse, office, and display areas accommodate industrial and distribution operations.
Property Size17,800 SF
Price / SF$202.25
Days on Market106
Property Features for 105 Rocky Clf Ln
General Information
Standard status
Active
Size
17,800 SF
Property subtype
Industrial, Mixed Use, Office, Retail
Building Details
Year Built
2006
Buildings
1
Building Size
17,800 SF
Listing Agency:
Silvercreek Realty Group
(406) 479-7770
Listed By:
James Williamson · License #RRE-BRO-LIC-62214
Source:
Crexi
Added: May 18
Changed: Aug 30
Last Checked: Aug 30 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This 17,800-square-foot flex property combines warehouse capacity with professional office space and a product showroom. Built in 2006, the facility is currently used for countertop and cabinetry display and distribution, providing a layout that brings customer-facing areas and operational space together under one roof.
The property is located at 105 Rocky Clf Ln in Kalispell, Montana, near a major highway. Its existing configuration supports industrial, manufacturing, and distribution uses, subject to applicable requirements.
The property is located at 105 Rocky Clf Ln in Kalispell, Montana, near a major highway. Its existing configuration supports industrial, manufacturing, and distribution uses, subject to applicable requirements.
Key Highlights
- 17,800 SF industrial flex facility
- Warehouse, professional offices, and product showroom in one building
- Currently used for countertop and cabinetry showroom and distribution
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$163,137
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,262,740
$3.3M
Cap Rate 7%
$2,330,529
$2.3M
Cap Rate 9%
$1,812,633
$1.8M
Market Conditions
NOI Build-Up for 17,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$267.0K $15.00/SF
− Vacancy
−$16.0K −$0.90/SF
EGI
$251.0K $14.10/SF
− OpEx
−$87.8K −$4.94/SF
NOI
$163.1K $9.17/SF
Area
Flathead County, MT
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,262,740
Cap Rate 7%
$2,330,529
Cap Rate 9%
$1,812,633
Alternative Uses
Best Use
Flex RnD
$2.33M
$2.04M – $2.72M
NOI $163,137 @ 7.0% cap · market cap 4.53%
Second Best
Warehouse
$1.86M
$1.63M – $2.17M
NOI $130,042 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$3.97M
$3.48M – $4.64M
NOI $278,193 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59901, MT
57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Combined warehouse, office, and display areas accommodate industrial and distribution operations.
Where is this flex space located?
The property is located at 105 Rocky Clf Ln Kalispell, MT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 17,800 SF industrial flex facility; Warehouse, professional offices, and product showroom in one building; Currently used for countertop and cabinetry showroom and distribution
