Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4965 Us Highway 2 Coram, MT 59912
    Property profile & analytics

    4965 Us Highway 2 Coram, MT 59912

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4965 Us Highway 2

    Property type
    Land

    Description

    This exceptional 8.82-acre commercial land parcel presents a remarkable development opportunity in Flathead County, Montana. Located at 4965 US Highway 2 West, near Glacier International Airport, this property boasts a highly desirable location within the Flathead Valley, offering easy access to Whitefish, Kalispell, and Columbia Falls. Preliminary plat approval for a five-lot commercial subdivision has already been secured, significantly streamlining the development process. The Montana Department of Environmental Quality (DEQ) review has also been completed. The property features direct Highway 2 frontage, providing excellent visibility and accessibility. Potential railroad access exists along the eastern boundary. The level terrain is ideal for constructing a variety of commercial or industrial buildings. The scenic corridor zoning allows for numerous permitted uses, making this a versatile investment. The asking price is $1,980,000. This is a rare chance to acquire a largely permitted and ready-to-develop commercial site in a thriving Montana location. Don't miss this opportunity to capitalize on the strong economic growth in the Flathead Valley.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coram
    County
    Flathead
    State
    Montana
    Longitude
    -114.141
    Latitude
    48.448

    Comparable in this City

    • Value Estimation by Request

      1097 Timber Rdg Ct

      Land
      1097 Timber Rdg Ct, Columbia Falls, MT 59912
      View Details
    • Value Estimation by Request
      2.02 Acres

      1099 Hines Trl

      Land • 2.02 Acres
      1099 Hines Trl, Columbia Falls, MT 59912
      View Details
    • Value Estimation by Request

      3585 3Ccb

      Distribution properties
      3585 3Ccb, Coram, MT 59912
      View Details
    • Value Estimation by Request
      1.55 Acres

      2310 9Th St

      Land • 1.55 Acres
      2310 9Th St, Columbia Falls, MT 59912
      View Details
    • Value Estimation by Request
      0.67 Acres

      7386 Hwy 2

      Land • 0.67 Acres
      7386 Hwy 2, Columbia Falls, MT 59912
      View Details
    • Value Estimation by Request
      6.96 Acres

      27 Jellison Ln

      Multifamily properties • 6.96 Acres
      27 Jellison Ln, Columbia Falls, MT 59912
      View Details

    Similar Nearby for Sale

    • $349,900

      Land Near Glacier Park

      Land available near Glacier National Park on US-2 E.
      7386 Us Highway 2 E, Columbia Falls, MT 59912
      View Details
    • $495,000
      7.25 Acres

      Land with Mountain Views

      7+ acre homesite near Columbia Falls with mountain views.
      189 Patriots Ln, Columbia Falls, MT 59912
      View Details
    • $359,000
      0.67 Acres

      Glacier Gateway Land - 0.67 Acres

      Prime Montana land near Glacier Park. High visibility, income potential.
      7386 Us Highway 2, Columbia Falls, MT 59912
      View Details
    • $1,400,000
      40.15 Acres

      Montana Land Near Glacier Park

      40 acres near Glacier National Park with no zoning.
      155 Fox Ln, Columbia Falls, MT 59912
      View Details
    • $611,900
      9.77 Acres

      9.77 Acres in Columbia Falls

      9.77-acre property near Glacier National Park and Whitefish.
      Nhn Trap Rd, Columbia Falls, MT 59912
      View Details
    • $569,000
      8.00 Acres

      8-Acre Land with Mountain Views

      8-acre land parcel with mountain views near Columbia Falls, MT.
      Nhn Misty Way, Columbia Falls, MT 59912
      View Details

    Similar Nearby for Lease

    • $1,700 /Mo

      Columbia Falls Commercial Shop Space

      2000 SF commercial space with mezzanine near Hwy 2.
      135 Shadow Wood Ln, Columbia Falls, MT 59912
      View Details
    • $12 SF/Yr
      21,867 SF

      Commercial Space in Columbia Falls

      Prime commercial space with high visibility in Columbia Falls, MT.
      307 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • $2,500 /Mo
      1,220 SF

      Downtown Columbia Falls Commercial Space

      Prime commercial space for lease in downtown Columbia Falls.
      638 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • $2,500 /Mo
      1,220 SF

      Downtown Columbia Falls Commercial Space

      Prime commercial space for lease in downtown Columbia Falls.
      638 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • $1,350 /Mo

      Commercial Suite in Columbia Falls

      High-visibility commercial suite suitable for salon, spa, or professional services.
      6 9Th St E, Columbia Falls, MT 59912
      View Details
    • $750 /Mo

      Columbia Falls Commercial Suite For Rent

      High-visibility commercial suite in Columbia Falls, equipped with a sink.
      6 9Th St E, Columbia Falls, MT 59912
      View Details
    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.
    4965 Us Highway 2
    Coram, MT 59912
    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
    4965 Us Highway 2, Coram, MT, 59912
    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!