Multi-Suite Medical Office
For Sale
$2,050,000
195 Commons Loop, Kalispell, MT 59901
Six occupied suites serve dental, medical, and professional tenants.
Property Size5,700 SF
Price / SF$359.65
Days on Market10
Property Features for 195 Commons Loop
General Information
Standard status
Active
Size
5,700 SF
Occupancy
100%
Additional Details
Sprinkler System
Yes
Office Units
6
Tenant in Place
Yes
Property Use
Medical/Professional
Medical Specialty
dental
Amenities
attractive landscaping
high-speed fiber-optic internet
Building Details
Year Built
2004
Buildings
1
Building Size
5,700 SF
Construction
log-sided
Tenancy
Multi
Listing Agency:
PureWest Real Estate - Kal/Commercial
Listed By:
David G Stone · License #RRE-BRO-LIC-12188
(406) 212-6244
Source:
Beckmansrealestatemt
Added: Oct 21
Changed: Oct 26
Last Checked: Sep 13 at 5:33AM
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 PureWest Real Estate - Kal/Commercial
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Investment Insights
Based on property information with market context.
Built in 2004, this 5,700-square-foot medical and professional property contains six suites. All are occupied, with a dental office in three suites and medical or professional tenants in the other three. The building has log siding, landscaped grounds, underground sprinklers, and high-speed fiber-optic internet.
The property is adjacent to the Logan Health Medical Center complex in Kalispell. A 7,000-square-foot parking lot serves clients and staff.
The property is adjacent to the Logan Health Medical Center complex in Kalispell. A 7,000-square-foot parking lot serves clients and staff.
Key Highlights
- 5,700sf building constructed in 2004
- Six occupied suites: three used by a dental office and three by medical or professional tenants
- Adjacent to the Logan Health Medical Center complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,748
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,960
$1.4M
Cap Rate 7%
$1,024,971
$1.0M
Cap Rate 9%
$797,200
$797.2K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$126.5K $22.20/SF
− Vacancy
−$7.0K −$1.22/SF
EGI
$119.6K $20.98/SF
− OpEx
−$47.8K −$8.39/SF
NOI
$71.7K $12.59/SF
Area
Flathead County, MT
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,960
Cap Rate 7%
$1,024,971
Cap Rate 9%
$797,200
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$896.9K – $1.20M
NOI $71,748 @ 7.0% cap · market cap 3.50%
Second Best
Office B
$965.5K
$844.9K – $1.13M
NOI $67,588 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,084 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Six occupied suites serve dental, medical, and professional tenants.
Where is this medical office space located?
The property is located at 195 Commons Loop Kalispell, MT.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 5,700sf building constructed in 2004; Six occupied suites: three used by a dental office and three by medical or professional tenants; Adjacent to the Logan Health Medical Center complex
