Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    37599 North Commerce Lane, Polson, MT 59860

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Warehouses

    Type:Industrial
    Property size:
    4,000 SF
    Lot size:
    1.65 Acres
    Price / SF:
    $249/SF
    Added:
    May 9, 2024
    Days on Market:
    755
    Last Refresh:
    May 12 at 9:40 pm

    Property Features for 37599 North Commerce Lane

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    1.65 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Frank Schmitz

    Listing agent Frank Schmitz License #RRE-RBS-LIC-53245

    Listing office Century 21 Big Sky Real Estate - Polson

    Listing date May 9, 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 Century 21 Big Sky Real Estate - Polson

    HighLights

    • High‑traffic location on Hwy 93 (40k traffic count) provides excellent exposure.
    • Existing long‑standing tenant in place offers immediate income potential.
    • 1.65‑acre property with a 4000 sq ft building built in 2003.
    • Opportunity to expand with additional commercial structure utilizing permitted shared drain field and well.
    • Features include 11x21 office, ADA bathroom, paved parking lot, and 16x80 lean‑to.
    • Warehouse built in 2003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Platt Electric Supply Building Supply

    Suggested Use

    Building Supply Auto Repair Shop HVAC Service Garden Center Electrical Service Furniture & Home Goods Daycare Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Polson
    County
    Lake
    State
    Montana
    Longitude
    -114.1102426
    Latitude
    47.6660257

    Nearby Similar for Sale

    • $735,000
      4,200 SF

      Polson Commercial Building Opportunity

      Commercial building built in 2025 with two businesses and apartment.
      11 7th Avenue W, Polson, MT 59860
      View Details
    • $3,999,000
      29,000 SF

      Historic Waterfront Mixed-Use Investment

      Iconic 1926 building with marina on Flathead Lake.
      110 Main Street, Polson, MT 59860
      View Details
    • $2,000,000

      Equestrian and Orchard Paradise

      52+ acre equestrian and orchard paradise near Flathead Lake.
      39784 US Hwy 93, Polson, MT 59860
      View Details
    • $1,195,000

      Thriving Cherry Orchard on Finley Point

      High-yielding cherry orchard with Flathead Lake and Mission Mountains views.
      32624 S Finley Point Road, Polson, MT 59860
      View Details
    • $850,000

      Established Cherry Orchard on Acreage

      14.86 acre cherry orchard in Flathead Lake region.
      34310 Sweet Cherry Lane, Polson, MT 59860
      View Details
    • $1,250,000

      Polson Retail and Residential Property

      4.85 acres with residence, shop, retail, and greenhouses.
      33953 & 33989 Fox Road, Polson, MT 59860
      View Details
    • $1,195,000
      3,000 SF

      Thriving Cherry Orchard on Finley Point

      12+ acre cherry orchard with Flathead Lake views.
      32624 S Finley Point Road, Polson, MT 59860
      View Details
    • $999,000
      1,416 SF

      Established Restaurant Business Opportunity

      Turnkey restaurant with property, equipment, and loyal customer base.
      50567 US-93, Polson, MT 59860
      View Details
    • $250,000

      Spacious RV Resort Lot

      Large RV lot with utilities and customization options.
      40150 Enterprise Drive lot: 73, Polson, MT 59860
      View Details
    • $150,000

      Polson, MT RV Resort Land

      RV resort lot near Flathead Lake and Glacier National Park.
      40150 Enterprise Drive lot: 31, Polson, MT 59860
      View Details
    • $155,000

      Polson, MT RV Resort Land

      RV resort lot with utilities near Flathead Lake.
      40150 Enterprise Drive lot: 37, Polson, MT 59860
      View Details
    • $1,195,000
      3,000 SF

      Finley Point Cherry Orchard Opportunity

      Thriving cherry orchard on 12 acres with lake views.
      32624 S Finley Point Road, Polson, MT 59860
      View Details

    FAQs

    Where is this warehouse located?
    The property is located at 37599 North Commerce Lane Polson, MT.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: High‑traffic location on Hwy 93 (40k traffic count) provides **excellent exposure**.; Existing long‑standing tenant in place offers **immediate income potential**.; 1.65‑acre property with a 4000 sq ft building built in 2003.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Frank Schmitz
    Real Estate License ID: RRE-RBS-LIC-53245
    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
    37599 North Commerce Lane, Polson, MT 59860
    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!