Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    810 Colorado Ave Whitefish, MT 59937

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Whitefish lot, multifamily potential.

    Property Features for 810 Colorado Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    12,240 SF

    We can help!

    Listing Contact
    Adam Sherwood
    Adam Sherwood

    Listing Agent: Adam Sherwood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 0.281-acre lot, located at 810 Colorado Avenue in Whitefish, Montana, presents a unique investment opportunity. Zoned WR-3, the property is ideally suited for multifamily residential development, with the potential for a fourplex. The expansive 12,240 square foot lot offers ample space for a custom housing project in a highly desirable and rapidly growing area. Whitefish's robust real estate market and year-round appeal make this a compelling investment prospect for long-term growth. The central location provides convenient access to downtown Whitefish, local schools, Whitefish Lake, and the renowned Whitefish Mountain Resort. This property offers unparalleled access to the vibrant community and amenities of Whitefish, making it an attractive option for developers seeking to capitalize on the increasing demand for housing in this sought-after Montana town. The asking price for this exceptional development opportunity is $800,000. The property's zip code is 59937, and it is situated in Flathead County. This is a rare chance to build in one of Montana's most desirable locations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply Nail Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitefish
    County
    Flathead
    State
    Montana
    Longitude
    -114.3388709
    Latitude
    48.4238327

    Nearby Similar for Sale

    • $13,500,000
      0.22 Acres

      Iconic Whitefish Commercial Landmark

      Prime commercial property with diverse revenue streams in Whitefish, Montana.
      130 Central Ave, Whitefish, MT 59937
      View Details
    • $7,995,000
      15,953 SF

      Downtown Whitefish Mixed-Use Opportunity

      15,953 SF mixed-use property in downtown Whitefish for sale.
      238 Central Ave, Whitefish, MT 59937
      View Details
    • $3,450,000
      10 SF

      Whitefish Office Condominium Investment Opportunity

      Two-floor office condominium near downtown Whitefish with long-term tenants.
      100 Whitefish Ave, Whitefish, MT 59937
      View Details
    • Contact for pricing

      Whitefish Townhome with Mountain Views

      Modern townhome in Whitefish with private rooftop patio and views.
      713 W 2Nd St W, Whitefish, MT 59937
      View Details
    • $7,500,000
      8,788 SF

      Alpine Village Market: Prime Whitefish Location

      Thriving Convenience Store & Gas Station
      721 Wisconsin Ave, Whitefish, MT 59937
      View Details
    • $1,100,000
      1,176 SF

      Downtown Whitefish Commercial Condo

      Versatile commercial condo in downtown Whitefish, ideal for various businesses.
      206 Lupfer Ave, Whitefish, MT 59937
      View Details
    • $900,000

      Whitefish Mountain Resort Condo

      Two-bedroom condo near ski access with short-term rental potential.
      3820 Tamarack Ave, Whitefish, MT 59937
      View Details
    • Contact for pricing
      1,452 SF

      Top-Floor Condo in Prime Location

      Well-maintained condominium with two bedrooms and convenient carport parking.
      6225 Shiloh Ave, Whitefish, MT 59937
      View Details
    • Contact for pricing
      2,096 SF

      Remodeled Townhouse with Rental Potential

      Three-level Whitefish townhouse with rental unit and lake access.
      1922 Sun Crest Dr, Whitefish, MT 59937
      View Details
    • Contact for pricing
      1,800 SF

      Updated Ski-In/Ski-Out Condo

      Updated 4-bedroom condo with ski-in/ski-out access and shared hot tub.
      3808 Alpine Village Dr, Whitefish, MT 59937
      View Details
    • $798,000

      Luxury Whitefish Executive Office

      Modern 1087 sqft office, prime location.
      104 Obrien Ave, Whitefish, MT 59937
      View Details
    • Contact for pricing
      2,672 SF

      Ski-In/Ski-Out Condo in Whitefish

      Recently built, fully furnished 3-bedroom condo with ski-in/ski-out access.
      3827 Alpine Glow Ave, Whitefish, MT 59937
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Whitefish lot, multifamily potential.
    Where is this multifamily property located?
    The property is located at 810 Colorado Ave Whitefish, MT.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 0.281-acre lot in Whitefish, MT, ideal for multifamily development.; WR-3 zoning allows for a potential fourplex.; 12,240 square foot lot in a rapidly growing area.
    (406) 471-9741 Call to check price and availability
    Request Owner's contact information
    810 Colorado Ave Whitefish, MT 59937
    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.
    810 Colorado Ave
    Whitefish, MT 59937
    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
    810 Colorado Ave Whitefish, MT 59937
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Sherwood
    Adam Sherwood
    Real Estate License ID: RRE-RBS-LIC-87774
    (406) 471-9741
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!