Commercially Zoned
For Sale
$458,000
Pending
135 Nucleus, Columbia Falls, MT 59912
Commercially zoned duplex with two 1-bed, 1-bath units and a fenced yard on a corner lot.
Property Size1,440 SF
Lot Size0.21 Acres
Days on Market49
Property Features for 135 Nucleus
General Information
Standard status
Pending
Size
1,440 SF
Lot size
0.21 Acres
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,393
Amenities
Garage: Additional Parking
Additional Parking
Building Details
Year Built
1949
Listing Agency:
National Parks Realty - Whitefish
Listed By:
Jen Dolan · License #RRE-BRO-LIC-79245
(406) 212-0841
Source:
Clearwaterproperties
Added: Jul 20
Changed: Aug 23
Last Checked: Aug 4 at 8:22AM
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 National Parks Realty - Whitefish
Investment Insights
Based on property information with market context.
This commercially zoned duplex includes two separate 1-bedroom, 1-bath units. The property sits on a fenced yard and is configured as a corner lot, providing a straightforward layout for an owner-occupant or an investor seeking rental income.
The duplex is located in Columbia Falls, described as steps from downtown, with proximity to Glacier National Park. The remarks also note convenient access to Glacier International Airport, as well as Whitefish and Kalispell.
Offered as a flexible property type with an on-site yard, this duplex is positioned to support a range of residential income and multi-family living arrangements permitted by the existing commercial zoning.
The duplex is located in Columbia Falls, described as steps from downtown, with proximity to Glacier National Park. The remarks also note convenient access to Glacier International Airport, as well as Whitefish and Kalispell.
Offered as a flexible property type with an on-site yard, this duplex is positioned to support a range of residential income and multi-family living arrangements permitted by the existing commercial zoning.
Key Highlights
- Commercially zoned duplex built in 1949 with two 1 bed, 1 bath units
- On a 0.21‑acre corner lot with a fenced yard
- Two separate 1‑bed/1‑bath units provide flexible owner‑occupant or rental potential
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
$14,440
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
3.15%
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%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,440 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
$21.6K $15.00/SF
− Vacancy
−$972 −$0.68/SF
EGI
$20.6K $14.33/SF
− OpEx
−$6.2K −$4.30/SF
NOI
$14.4K $10.03/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Multifamily LT 5
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$192.0K
$168.0K – $224.0K
NOI $13,440 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,505 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
495
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Commercially zoned duplex with two 1-bed, 1-bath units and a fenced yard on a corner lot.
Where is this duplex located?
The property is located at 135 Nucleus Columbia Falls, MT.
What is the asking price?
The asking price for this property is $458,000.
What are key features of this property?
This property features: Commercially zoned duplex built in 1949 with two 1 bed, 1 bath units; On a 0.21‑acre corner lot with a fenced yard; Two separate 1‑bed/1‑bath units provide flexible owner‑occupant or rental potential
