Mixed-Use Property with Indoor
For Sale
$6,750,000
1605 Danielson Road, Kalispell, MT 59901
CommercialSale, Kalispell, MT
Property Size45,000 SF
Lot Size185.00 Acres
Price / SF$150
Days on Market507
Property Features for 1605 Danielson Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Agricultural
Zoning description
County
Parking features
Driveway, Gated, Garage, Open, RV
Window features
Wood Frames, Blinds, Screens
Patio and Porch features
Patio
Exterior features
Courtyard, Garden, Storage, PropaneTankLeased
Fencing
Perimeter
Appliances
PropaneWaterHeater
Lot features
Bluff, Corners Marked, Garden, Gentle Sloping, Landscaped, Meadow, Rock Outcropping, Secluded, Sprinklers In Ground, Split Possible, Views, Wooded, Level, Rolling Slope
View
Valley, Mountains
Elementary school district
District No. 89
Middle school district
District No. 89
High school district
District No. 89
Directions
From w/b Hwy 2, turn North on Batavia Lane, to Managhan Lane West to Northbound Danielson Road for approximately 2.25 miles. Locked gated entrance, Property boundary begins at the ranch style log entrance. Use onX maps for boundary details on the "Yellowstone Christian College Corporation" parcel.
Standard status
Active
APN
07396426101010000
Lot size
185.00 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
S26, T28 N, R23 W, C.O.S. 22196-1, ACRES 185, TR 1 IN NE4 & NW4
Tax Annual Amount
4263
Legal Description
S26, T28 N, R23 W, C.O.S. 22196-1, ACRES 185, TR 1 IN NE4 & NW4
Utilities
Utilities
Propane
Sewer type
Private Sewer, Septic Tank
Heating system
Zoned, Heat Pump (Heating), Hot Water(Heating), Forced Air, Electric (Heating), Propane (Heating)
Cooling system
Window Unit(s), Central Air
Water source
Well, Private
Amenities
outdoor courtyard
grand event hall
custom stone fireplace
commercial kitchen
Olympic-style indoor pool
weight room
basketball court
rock climbing wall
library
classrooms
offices
dormitories
communal bathrooms
kitchens
laundry facilities
soccer field
Frisbee golf course
trails
private residences
guest quarters
Building Details
Year built
2002
Flooring type
Carpet, Concrete, Tile
Building materials
AluminumSiding, Log, WoodSiding
Roof type
Composition, Metal
Additional Structures
Storage
Listing Agency:
eXp Realty - Kalispell
(406) 578-4399
Listed By:
John Busic · License #RRE-RBS-LIC-90038
(406) 298-3050
Added: Apr 2, 2025
Changed: Aug 20
Last Checked: Aug 21 at 1:06AM
MLS# 30044665
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.
Investment Insights
Based on property information with market context.
This agricultural-zoned mixed-use property encompasses 185 acres and approximately 45,000 square feet across 8 buildings. Improvements include a lodge with an event hall, commercial kitchen, walk-in coolers and freezers, indoor Olympic-style pool, weight room, hardwood basketball court, climbing wall, library, classrooms, and offices. The campus also contains dormitory space for 64, communal bathrooms, kitchens, laundry facilities, five private residences, and guest quarters.
Outdoor improvements include a courtyard, soccer field, Frisbee golf course, walking and biking trails, perimeter fencing, gated parking, garages, RV parking, and driveways. The property is served by a private well, private septic system, and propane. Built in 2002, it is located at 1605 Danielson Road in Kalispell, approximately 9 miles from the city.
Outdoor improvements include a courtyard, soccer field, Frisbee golf course, walking and biking trails, perimeter fencing, gated parking, garages, RV parking, and driveways. The property is served by a private well, private septic system, and propane. Built in 2002, it is located at 1605 Danielson Road in Kalispell, approximately 9 miles from the city.
Key Highlights
- 185 acres with approximately 45,000 square feet across 8 buildings
- Main lodge includes event hall, commercial kitchen, and indoor Olympic‑style pool
- Dormitory accommodations for 64 with communal kitchens, bathrooms, and laundry
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
$338,580
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
5.02%
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%
$6,771,600
$6.8M
Cap Rate 7%
$4,836,857
$4.8M
Cap Rate 9%
$3,762,000
$3.8M
Market Conditions
NOI Build-Up for 45,000 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
$810.0K $18.00/SF
− Vacancy
−$97.2K −$2.16/SF
EGI
$712.8K $15.84/SF
− OpEx
−$374.2K −$8.32/SF
NOI
$338.6K $7.52/SF
Area
Flathead County, MT
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
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%
$6,771,600
Cap Rate 7%
$4,836,857
Cap Rate 9%
$3,762,000
Alternative Uses
Best Use
Hotel Hospitality
$4.84M
$4.23M – $5.64M
NOI $338,580 @ 7.0% cap · market cap 5.02%
Second Best
Mixed Use
$4.53M
$3.97M – $5.29M
NOI $317,250 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$10.05M
$8.79M – $11.72M
NOI $703,296 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-building campus with lodging, event, recreation, office, and residential components on agricultural-zoned land.
Where is this mixed-use property located?
The property is located at 1605 Danielson Road Kalispell, MT.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 185 acres with approximately 45,000 square feet across 8 buildings; Main lodge includes event hall, commercial kitchen, and indoor Olympic‑style pool; Dormitory accommodations for 64 with communal kitchens, bathrooms, and laundry
