New Flex Space with Overhead
For Sale
Contact for pricing
198 Hill, Bigfork, MT 59911
Newly constructed units offer shop functionality, plumbing, and 200-amp electrical service.
Property Size5,280 SF
Price / SF$1.32
Days on Market47
Property Features for 198 Hill
General Information
Standard status
Active
Size
5,280 SF
Property subtype
Commercial
Amenities
2.00
2
Building Details
Year Built
2023
Listing Agency:
Montana West Realty
Listed By:
Zac Andrews · License #13821
(406) 250-6160
Source:
Clearwaterproperties
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 6:06AM
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 Montana West Realty
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Investment Insights
Based on property information with market context.
Built in 2023, this flex property contains two newly constructed shop units totaling 5,280 square feet. Each side measures 88 by 30 feet and includes a 12-by-14-foot overhead door, a bathroom with shower, a plumbed shop sink, and 200 Amp electrical service. The building is well insulated and has no 3-phase power.
The property is located at 198 Hill in Bigfork, Montana, and carries County I-1 zoning. The two units can be used together or separately, with each half offering 2,640 square feet of shop space. Exterior maintenance, landscaping, snow removal, sewer, water, taxes, and building insurance are identified as landlord responsibilities in the property information.
The property is located at 198 Hill in Bigfork, Montana, and carries County I-1 zoning. The two units can be used together or separately, with each half offering 2,640 square feet of shop space. Exterior maintenance, landscaping, snow removal, sewer, water, taxes, and building insurance are identified as landlord responsibilities in the property information.
Key Highlights
- 5,280 SF total property with two 2,640 SF shop units
- Each unit measures 88 x 30 feet
- Each side includes a 12x14 overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 5,280 SF
Gross rent
$47.5K $9.00/SF
− Vacancy
−$2.1K −$0.41/SF
EGI
$45.4K $8.59/SF
− OpEx
−$13.6K −$2.58/SF
NOI
$31.8K $6.02/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Flex RnD
$691.3K
$604.9K – $806.5K
NOI $48,391 @ 7.0% cap · market cap 692.29%
Second Best
Industrial
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 454.46%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,520 @ 7.0% cap · market cap 1,180.54%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59911, MT
8,722
Population
5,707
Households
1.5
Avg Household Size
55
Median Age
50%
College-Educated
98%
High-School Grad
491.7 sq mi
ZIP Area
18
Density / Sq Mi
$81,846
Median Household Income
$37,500
Median Earnings
$1,158
Median Rent
$608,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed units offer shop functionality, plumbing, and 200-amp electrical service.
Where is this flex space located?
The property is located at 198 Hill Bigfork, MT.
What are key features of this property?
This property features: 5,280 SF total property with two 2,640 SF shop units; Each unit measures 88 x 30 feet; Each side includes a 12x14 overhead door
