Montana Retreat with
For Sale
Contact for pricing
125 Firehall Lane, Columbia Falls, MT 59912
Scenic property with cabins near Glacier National Park.
Property Size5,290 SF
Price / SF$321.36
Days on Market1053
Property Features for 125 Firehall Lane
General Information
Standard status
Active
Size
5,290 SF
Property subtype
Mixed Use
Zoning
SC
Building Details
Year Built
2021
Listing Agency:
NextHome Northwest Real Estate Kalispell
(406) 217-8811
Listed By:
Megan Warren · License #RRE-BRO-LIC-88898
Source:
Crexi
Added: Sep 23, 2023
Changed: Aug 10
Last Checked: May 12 at 10:14PM
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 NextHome Northwest Real Estate Kalispell
Investment Insights
Based on property information with market context.
This Montana property features five cabins and a partially finished barndominium, offering a range of possibilities for potential buyers. Completed in 2021, the cabins provide cozy accommodations, each with two bedrooms and one bath. The property benefits from a multi-user well with two pressure tanks, ensuring an abundant water supply. Located in a scenic corridor, the property has stunning views and eliminates many building code requirements. Situated on the gateway to Glacier National Park, this property benefits from the natural beauty and attractions that draw visitors year-round. The property has an audio & video surveillance system. The property is located in Columbia Falls, MT. The property size is 5290 square feet. The property is suitable for campgrounds, hospitality, short term rentals, multifamily, and residential income purposes.
Key Highlights
- Owner financing available.
- Located on the gateway to Glacier National Park.
- Five charming cabins built in 2021, each with two bedrooms and one bath.**
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
$49,373
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
2.90%
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%
$987,460
$987.5K
Cap Rate 7%
$705,329
$705.3K
Cap Rate 9%
$548,589
$548.6K
Market Conditions
NOI Build-Up for 5,290 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
$93.3K $17.64/SF
− Vacancy
−$3.5K −$0.67/SF
EGI
$89.8K $16.97/SF
− OpEx
−$40.4K −$7.64/SF
NOI
$49.4K $9.33/SF
Area
Flathead County, MT
Vacancy
3.80%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
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%
$987,460
Cap Rate 7%
$705,329
Cap Rate 9%
$548,589
Alternative Uses
Best Use
Apartment 5plus
$705.3K
$617.2K – $822.9K
NOI $49,373 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,676 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 59912, MT
15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Campground - Scenic property with cabins near Glacier National Park.
Where is this campground located?
The property is located at 125 Firehall Lane Columbia Falls, MT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Owner financing available.; Located on the gateway to Glacier National Park.; Five charming cabins built in 2021, each with two bedrooms and one bath.**
