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    Versatile Commercial Condo in Kalispell Title is generated by Realmo AI

    1250 Burns Way, Kalispell, MT 59901

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    For Lease
    $20 SF/Yr $3,823/Mo (calc)

    COMMERCIAL - Kalispell, MT

    Property size:
    2,294 SF
    Lot size:
    0.00 Acres
    Added:
    May 27, 2026
    Days on Market:
    5
    Last Refresh:
    May 31 at 7:06 pm

    Property Features for 1250 Burns Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Parking features
    On Street
    Security features
    Security
    Interior features
    Elevator
    Accessibility
    Accessible Elevator Installed
    Standard status
    Active
    APN
    07396606303137001
    Size
    2,294 SF
    Lot size
    0.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Highland Park Professional Condo L 7&8 Lot: Unit 1
    Tax Annual Amount
    8647

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Baseboard, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Building materials
    WoodSiding, WoodFrame
    Roof type
    Composition

    We can help!

    Listing Contact
    Kevin Winkel

    Listing agent Kevin Winkel License #RRE-RBS-LIC-127975

    Listing office PureWest Real Estate - Lakeside 115 Bills Rd, Kalispell, MT

    Listing date May 27, 2026

    MLS# 30071989

    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.

    HighLights

    • Versatile H‑1 Health Care zoning allows for a wide range of uses.
    • Ideally located in Kalispell's medical and professional corridor, close to Logan Health Hospital.
    • Well‑maintained 2,294 sq ft suite featuring a spacious waiting area, receptionist area, and nine private offices.
    • Ample dedicated parking and convenient elevator access to the lower‑level location.
    • Includes elevator access and other accessibility features.
    • Available for lease at $20/sq ft/year plus NNN, or for purchase (MLS: 30071557).

    Overview

    This well-maintained 2,294-square-foot professional suite presents a unique leasing opportunity in Kalispell's established medical and professional district. The monthly lease is offered at $20 per year per square foot plus NNN. Zoned H-1 Health Care and situated near Logan Health Hospital, the property accommodates various permitted uses, including medical and professional offices, laboratories, research and testing facilities, day care centers, safe houses, and schools. The suite features a spacious waiting area for patients or clients, a dedicated reception and records area, nine private offices (most with windows and several with sinks), three bathrooms, and two large storage rooms. The adaptable floor plan suits medical practitioners, attorneys, nonprofits, researchers, and other qualifying users. As one of four condo units in the building, the suite provides ample dedicated parking and convenient elevator access to its lower-level location, suitable for clients, patients, or staff.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kalispell Regional Dentistry ... Dental Office Big Heart Family ... Dental Office Schneider Meghan Dental Office Kalispell Regional Dentistry Dental Office Dr. Perjessy Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.324623
    Latitude
    48.212269

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    FAQs

    What type of property is this?
    Medical Office Space - 2,294 SF professional suite in thriving medical corridor.
    Where is this medical office space located?
    The property is located at 1250 Burns Way Kalispell, MT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Versatile H‑1 Health Care zoning allows for a wide range of uses.; Ideally located in Kalispell's medical and professional corridor, close to Logan Health Hospital.; Well‑maintained 2,294 sq ft suite featuring a spacious waiting area, receptionist area, and nine private offices.
    (406) 890-4157
    We can help!
    Listing Contact
    Kevin Winkel
    Real Estate License ID: RRE-RBS-LIC-127975
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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
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