New Flex Space with Overhead
198 Hill Road Unit B 1&2 B 1&2, Bigfork, MT 59911
For Sale
Contact for pricing
Newly constructed flex space offers adaptable shop configuration, overhead access, and county I-1 zoning.
Property Size5,280 SF
Price / SF$1.32
Days on Market49
Property Features for 198 Hill Road Unit B 1&2 B 1&2
General Information
Standard status
Size
Zoning
Additional Details
Utilities to Site
Listing Agency:
Montana West Realty
(406) 755-5588
Listed By:
Zac Andrews · License #RRE-BRO-LIC-13821
(406) 250-6160
Source:
Hrrealtymt
Added: Sep 20
Changed: Oct 25
Last Checked: Nov 6 at 8:43AM
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.
This new flex-space building provides 5,280 SF of shop area and has never been occupied. The 88-by-60-foot structure is divided into two sections, with an interior partition that can be opened or removed to create a larger contiguous layout. Building improvements include two 12-by-14-foot overhead doors, two bathrooms with showers, a plumbed shop sink, and two 200 Amp electrical services. Three-phase power is not available. The property is well insulated and maintained in a clean condition.
Located at 198 Hill Road in Bigfork, Montana, the property carries county I-1 zoning. Exterior upkeep, landscaping, snow removal, water, sewer, taxes, and building insurance are identified as landlord responsibilities, while occupants handle electricity, interior and HVAC maintenance, liability insurance, trash, and internet.
Located at 198 Hill Road in Bigfork, Montana, the property carries county I-1 zoning. Exterior upkeep, landscaping, snow removal, water, sewer, taxes, and building insurance are identified as landlord responsibilities, while occupants handle electricity, interior and HVAC maintenance, liability insurance, trash, and internet.
Key Highlights
- 5,280 SF shop space in a new, never‑occupied building
- 88 x 60 building with a center partition that can be opened or removed
- Two 12x14 overhead doors
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
Lease Details
Yes
Utilities to site
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
$608,000
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Flathead County, MT
Properties on Market for Flex space in Flathead County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed flex space offers adaptable shop configuration, overhead access, and county I-1 zoning.
Where is this flex space located?
The property is located at 198 Hill Road Unit B 1&2 B 1&2 Bigfork, MT.
What are key features of this property?
This property features: 5,280 SF shop space in a new, never‑occupied building; 88 x 60 building with a center partition that can be opened or removed; Two 12x14 overhead doors
