Updated Medical Office
For Sale
$629,000
20 Four Mile Drive 4, Kalispell, MT 59901
Exam-room and private-office layouts accommodate medical, dental, or other professional operations.
Property Size1,722 SF
Price / SF$365.27
Days on Market87
Property Features for 20 Four Mile Drive 4
General Information
Standard status
Active
Size
1,722 SF
Elevators
Yes
Property subtype
Building
Zoning
R-5/PUD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,210
Amenities
high-speed internet
central heating and air
common-area restrooms
shared paved parking lot
room-darkening window treatments
Building Details
Year Built
2005
Listing Agency:
Catalyst Commercial
Listed By:
Tyler Powell · License #RRE-RBS-LIC-63122
(406) 590-6146
Source:
Intuitivemt
Added: Aug 5
Changed: Oct 27
Last Checked: Oct 27 at 4:28AM
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 Catalyst Commercial
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Investment Insights
Based on property information with market context.
This 1,722+/- SF medical office condominium, built in 2005, has exam-room and private-office areas. Recent interior work includes new flooring, fresh paint, and room-darkening window treatments. The suite is vacant and offers central heating and air, high-speed internet, and access by shared elevator. The building is ADA-accessible, with four common-area restrooms and a shared paved parking lot. Zoning is R-5/PUD.
The office is on Four Mile Drive in Kalispell, near Highway 93 and minutes from the Logan Health medical campus. The corridor carries roughly 27,700 vehicles per day.
The office is on Four Mile Drive in Kalispell, near Highway 93 and minutes from the Logan Health medical campus. The corridor carries roughly 27,700 vehicles per day.
Key Highlights
- 1,722+/- SF medical office condominium
- Exam‑room and private‑office build‑out
- Built in 2005; interior updates include paint, flooring, and room‑darkening window treatments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,676
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,520
$433.5K
Cap Rate 7%
$309,657
$309.7K
Cap Rate 9%
$240,844
$240.8K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$38.2K $22.20/SF
− Vacancy
−$2.1K −$1.22/SF
EGI
$36.1K $20.98/SF
− OpEx
−$14.5K −$8.39/SF
NOI
$21.7K $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%
$433,520
Cap Rate 7%
$309,657
Cap Rate 9%
$240,844
Alternative Uses
Best Use
Healthcare Medical
$309.7K
$271.0K – $361.3K
NOI $21,676 @ 7.0% cap · market cap 3.45%
Second Best
Office B
$291.7K
$255.2K – $340.3K
NOI $20,419 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$384.5K
$336.4K – $448.6K
NOI $26,913 @ 7.0% cap · market cap 4.28%
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Balanced
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
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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 - Exam-room and private-office layouts accommodate medical, dental, or other professional operations.
Where is this medical office space located?
The property is located at 20 Four Mile Drive 4 Kalispell, MT.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 1,722+/- SF medical office condominium; Exam‑room and private‑office build‑out; Built in 2005; interior updates include paint, flooring, and room‑darkening window treatments
