Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1785 Hodgson Rd Whitefish, MT 59937

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Versatile property near Whitefish with two homes and acreage.

    Property size:
    2,407 SF
    Lot size:
    1.28 Acres

    Property Features for 1785 Hodgson Rd

    General Information

    Standard status
    Active
    Zoning
    None
    Size
    2,407 SF
    Lot size
    1.28 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Amy Deaton
    Source: Crexi

    Listing Agency: Century 21 Deaton and Company Real Estate Listing Agent: Amy Deaton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Whitefish Multifamily Opportunity

    This 1.28-acre multifamily property is located minutes from Whitefish. It features two homes and offers flexibility for multi-generational living or rental income. The property is fully fenced and suitable for horses, dogs, and hobby farming, with a hay barn, fruit-bearing apple trees, and a 40' x 35' garden area. The primary two-story home features original 1973 hardwood floors and a travertine rock fireplace with propane stove. Recent improvements include a new roof, upgraded septic system, and freshly painted exterior and deck. A separate 756 sq ft guest house with an 8' covered front deck provides additional living space or income potential. The property is located near 480 acres of state land for recreation. The property is subdividable and supports a homestead lifestyle.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitefish
    County
    Flathead
    State
    Montana
    Longitude
    -114.3209148
    Latitude
    48.3381186

    Nearby Similar for Sale

    • $895,000
      1.28 Acres

      Whitefish Multifamily Opportunity

      Versatile property near Whitefish with two homes and acreage.
      1785 Hodgson Rd, Whitefish, MT 59937
      View Details
    • $13,500,000
      0.22 Acres

      Iconic Whitefish Commercial Landmark

      Prime commercial property with diverse revenue streams in Whitefish, Montana.
      130 Central Ave, Whitefish, MT 59937
      View Details
    • $8,999,000
      22.90 Acres

      Whitefish Land with Recreational Access

      20+ acres near downtown, ski resort, and hiking trails.
      355 Reservoir Rd, Whitefish, MT 59937
      View Details
    • $7,995,000
      15,953 SF

      Downtown Whitefish Mixed-Use Opportunity

      15,953 SF mixed-use property in downtown Whitefish for sale.
      238 Central Ave, Whitefish, MT 59937
      View Details
    • $2,400,000
      1,847 SF

      Downtown Whitefish Retail Investment

      Prime Central Ave Location, Mountain Views
      317 Central Ave, Whitefish, MT 59937
      View Details
    • $995,000
      912 SF

      Downtown Whitefish Commercial Condo

      Prime Location, High Traffic, 1238 sq ft
      201 Central Ave, Whitefish, MT 59937
      View Details
    • $695,000

      Downtown Whitefish Commercial Condo

      Prime Location, 777 sq ft, High Traffic
      201 Central Ave, Whitefish, MT 59937
      View Details
    • $2,239,000
      1,536 SF

      Downtown Whitefish Commercial Gem

      Prime location, versatile zoning, high visibility
      327 Spokane Ave, Whitefish, MT 59937
      View Details
    • $12,000,000
      17,724 SF

      Whitefish Mixed-Use Investment Opportunity

      Downtown Whitefish, 17,724 sq ft, High Returns
      317 Central Ave, Whitefish, MT 59937
      View Details
    • $1,595,000
      1,517 SF

      Downtown Whitefish Commercial Duo

      Two Connected Condo Units, Prime Location
      241 Central Ave, Whitefish, MT 59937
      View Details
    • $1,950,000
      2,742 SF

      Downtown Whitefish Commercial Gem

      Historic building, high foot traffic, 3 units
      201 B C, Whitefish, MT 59937
      View Details
    • Contact for pricing
      8,788 SF

      Grocery and Fuel Business Opportunity

      Established grocery and fuel business in high-growth tourism market.
      721 Wisconsin Ave, Whitefish, MT 59937
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Versatile property near Whitefish with two homes and acreage.
    Where is this multifamily property located?
    The property is located at 1785 Hodgson Rd Whitefish, MT.
    What are key features of this property?
    This property features: - Subdividable 1.28-acre property minutes from Whitefish.; - Two homes offer multi-generational living or rental income potential.; - Fully fenced acreage suitable for horses, dogs, and hobby farming.
    Request Owner's contact information
    1785 Hodgson Rd Whitefish, MT 59937
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1785 Hodgson Rd
    Whitefish, MT 59937
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1785 Hodgson Rd Whitefish, MT 59937
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Amy Deaton
    Real Estate License ID: 31639
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!