Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flathead Lake Waterfront Development Opportunity Title is generated by Realmo AI

    24699 Mt Highway 35, Bigfork, MT 59911

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6.79 acres with 623 feet of Flathead Lake frontage.

    Type:Land
    Property size:
    505 SF
    Lot size:
    6.79 Acres
    Price / SF:
    $9,405/SF
    Added:
    Sep 18, 2024
    Days on Market:
    612
    Last Refresh:
    May 12 at 10:50 pm

    Property Features for 24699 Mt Highway 35

    General Information

    Standard status
    Active
    Size
    505 SF
    Lot size
    6.79 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Amy Bain-Wilson

    Listing agent Amy Bain-Wilson License #RRE-BRO-LIC-69997

    Listing office Glacier Sotheby's International Realty

    Listing date Sep 18, 2024

    Source Crexi

    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 Glacier Sotheby's International Realty

    HighLights

    • 6. 79‑acre property with 623 feet of Flathead Lake waterfront.
    • Subdividable land offering a prime investment opportunity for developers.
    • Stunning scenic mountain views.
    • Exceptional blend of natural charm.
    • Ample room for development.
    • Rare parcel on MT Highway 35, Bigfork, MT.

    Overview

    This 6.79-acre property is located at 24699 MT Highway 35, Bigfork, MT, and features 623 feet of waterfront on Flathead Lake. The property offers scenic mountain views and room for development. It can be subdivided, presenting an investment opportunity for developers to create a waterfront property for multiple owners. An existing 505-square-foot cabin, built in 1942, is on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bigfork
    County
    Flathead
    State
    Montana
    Longitude
    -114.0279128
    Latitude
    47.8665951

    Nearby Similar for Sale

    • $998,000

      Turnkey Restaurant & Bed and Breakfast

      Restaurant and bed and breakfast in Montana's adventure corridor.
      22360 Mt Highway 83, Bigfork, MT 59911
      View Details
    • $239,900

      Ready-to-Build Lot in Bigfork, MT

      Flat, primed lot with mountain views near downtown Bigfork.
      132 N Crestview Terrace, Bigfork, MT 59911
      View Details
    • $277,500

      Bigfork Land with Mountain Views

      Sloping lot in gated community with panoramic mountain views.
      37 Red Tail Ridge, Bigfork, MT 59911
      View Details
    • $520,000

      Saddlehorn Homesite with Lake Views

      Premier 0.398-acre homesite in Bigfork's Saddlehorn development.
      369 Chief Cliff Trail, Bigfork, MT 59911
      View Details
    • $400,000

      Waterfront Land on Deer Island

      Rare opportunity to own waterfront property on Deer Island.
      716 Echo Lake Road, Bigfork, MT 59911
      View Details
    • $585,000

      Bigfork Homesite with Lake Views

      Premier 0.45-acre homesite in Saddlehorn development with Flathead Lake views.
      345 Chief Cliff Trail, Bigfork, MT 59911
      View Details
    • $440,000

      Luxury RV Living Near Bigfork

      Premier lot with luxury RV near Flathead Lake.
      33336 Whitecap Lane, Bigfork, MT 59911
      View Details
    • $617,000

      Enchanted Woodland Sanctuary Near Echo Lake

      5.03 acre off-grid property with cabins and mountain views.
      541 Alpine Drive, Bigfork, MT 59911
      View Details
    • $277,700

      Land Ready for Building in Bigfork

      1.47-acre lot in Bigfork, MT with utilities in place.
      1365 MT Highway 209, Bigfork, MT 59911
      View Details
    • $344,000

      Bigfork Land in Saddlehorn Development

      1.014-acre homesite with mountain views and community amenities.
      477 Chief Cliff Trail, Bigfork, MT 59911
      View Details
    • $410,000

      Bigfork Homesite in Saddlehorn Community

      Large lot with amenities and private Flathead Lake access.
      121 Pinto Trail, Bigfork, MT 59911
      View Details
    • $371,000

      Bigfork Land with Mountain Views

      1.028-acre lot in Saddlehorn development with amenities.
      643 Saddlehorn Trail, Bigfork, MT 59911
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 6.79 acres with 623 feet of Flathead Lake frontage.
    Where is this waterfront land located?
    The property is located at 24699 Mt Highway 35 Bigfork, MT.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: 6. 79‑acre property with **623 feet of Flathead Lake waterfront.**; Subdividable land offering a **prime investment opportunity for developers.**; **Stunning scenic mountain views.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Amy Bain-Wilson
    Real Estate License ID: RRE-BRO-LIC-69997
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    24699 Mt Highway 35, Bigfork, MT 59911
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!