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    163 Hummingbird Dr Kalispell, MT 59901

    For Sale
    $2,395,000

    Thriving Turn-Key Greenhouse Business

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Kalispell, Montana property offers a unique opportunity to acquire a well-established and profitable greenhouse operation. Situated on 9.006 acres, the property boasts 11 greenhouses (over one acre total), 10 of which feature concrete floors, built-in drip irrigation, and gas heaters. A substantial warehouse provides ample space for packing, office functions, a walk-in cooler, break room, storage, a mechanical room, and a fertilizer room. The property benefits from recent upgrades, including new greenhouse plastic (2022) and a new roof (2022). Two septic systems and a shared well support the operation. An iGROW alarm system ensures optimal greenhouse conditions. The business cultivates and sells a variety of tomatoes, cucumbers, and peppers to a diverse clientele, including restaurants and grocery stores in nearby towns. Additional income is generated from lot rent (mobile home not included in sale). The absence of covenants, zoning restrictions, or HOA fees allows for flexibility and potential expansion. Post-closing training is offered by the seller to facilitate a smooth transition. The asking price is $2,395,000. This turnkey operation presents a rare opportunity for continued growth and success in a desirable Montana location.

    Property Features for 163 Hummingbird Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    392,301 SF

    Building Details

    Year Built
    2008

    HighLights

    • Profitable, established greenhouse operation on 9.006 acres in Kalispell, MT.
    • 11 greenhouses (over 1 acre total), 10 with concrete floors, drip irrigation, and gas heaters.
    • Large warehouse with packing area, office, cooler, break room, storage, and mechanical/fertilizer rooms.
    • Recent upgrades include new greenhouse plastic (2022) and roof (2022).
    • Two septic systems, shared well, and iGROW alarm system.
    • Cultivates and sells tomatoes, cucumbers, and peppers; additional income from lot rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.225058
    Latitude
    48.304087

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    FAQs

    What type of property is this?
    Multifamily property - Thriving Turn-Key Greenhouse Business
    Where is this multifamily property located?
    The property is located at 163 Hummingbird Dr Kalispell, MT.
    What is the asking price?
    The asking price for this property is $2,395,000.
    What are key features of this property?
    This property features: Profitable, established greenhouse operation on 9.006 acres in Kalispell, MT.; 11 greenhouses (over 1 acre total), 10 with concrete floors, drip irrigation, and gas heaters.; Large warehouse with packing area, office, cooler, break room, storage, and mechanical/fertilizer rooms.
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    Realmo Value Estimation

    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

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    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.

    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
    163 Hummingbird Dr Kalispell, MT 59901
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