Kalispell Storage Condo For
1032 Prospector Trail 10 Kalispell, MT 59901
1032 Prospector Trail 10, Kalispell, MT, 59901
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For Sale
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Storage condo near Glacier Airport, suitable for vehicles and recreational storage.
Property Size1,250 SF
Price / SF$191.20
Days on Market905
Property Features for 1032 Prospector Trail 10
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing Agency
Revel Real Estate
Listed by
Kaleb Retz · License #RRE-RBS-LIC-46407
Source
Crexi
Added: Jan 26, 2024 Checked: Jul 17 at 4:20 am
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 Revel Real Estate
Investment Insights
Based on property information with market context.
This 25’ x 50’ storage condo is located in the Prospect Business Park off Hwy 2, near Glacier International Airport and the Glacier Jet Center. The unit features 18’ ceilings, a 16’ x 14’ overhead garage door, and a separate man door. Interior improvements include LED lighting, individual heat with a dedicated meter and Nest thermostat, water and sewer stubbed to the unit, and dedicated high-speed internet service. Electrical features include 110V outlets, a 100-amp interior service panel, and a dedicated 50-amp RV circuit. The unit is individually owned and well suited for vehicles, RVs, boats, and recreational storage. The entire property is fully walled and gated with controlled access and is conveniently located near Whitefish, Kalispell, Bigfork, and the greater Flathead Valley.
Key Highlights
- Secure, gated property with controlled access.
- High ceilings (18’) and large overhead garage door (16’ x 14’) ideal for vehicle/RV/boat storage.
- Convenient location near Glacier International Airport, Glacier Jet Center, and major Flathead Valley destinations.
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $14.40 |
| − Vacancy | −$900 | −$0.72 |
| EGI | $17.1k | $13.68 |
| − OpEx | −$5.1k | −$4.10 |
| NOI | $12.0k | $9.58 |
1,250 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$171.0K
$149.6K – $199.5K
NOI $11,970 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$107.4K
$94.0K – $125.4K
NOI $7,521 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$279.1K
$244.2K – $325.6K
NOI $19,536 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Storage condo near Glacier Airport, suitable for vehicles and recreational storage.
Where is this self storage facility located?
The property is located at 1032 Prospector Trail 10 Kalispell, MT.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Secure, gated property with controlled access.; High ceilings (18’) and large overhead garage door (16’ x 14’) ideal for vehicle/RV/boat storage.; Convenient location near Glacier International Airport, Glacier Jet Center, and major Flathead Valley destinations.