Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    94 Owens Way Marion, MT 59925
    Back to Search
    Property profile & analytics

    94 Owens Way Marion, MT 59925

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

    Current Use by Public Records

    • Land

    Property Details for 94 Owens Way

    Lot size
    5.00 lot acres
    Property type
    Land

    Description

    This ±16,600 square foot warehouse/office facility is situated on 1.1 acres of land and offers a ±13,000 square foot warehouse and ±3,600 square foot office space. The warehouse features a clear span design with ceiling heights ranging from 18 to 20 feet, providing ample storage and operational space. The property includes one loading dock and one drive-in door for convenient loading and unloading. Constructed in 2001 with masonry and metal construction, a 5,000 square foot addition was completed in 2006. Its strategic location off Chester Road and Nagel Road provides easy access to I-90 via the Nagel Road exit/entrance. The property benefits from a strong concentration of industrial neighbors including Rolleri USA, RichTech Industries, Zephyr Solutions, Ecoverse, Duraclean Restoration & Cleaning Services, and Sherwin-Williams Commercial Paint. Furthermore, it enjoys proximity to a variety of retail and commercial establishments such as Cleveland Clinic, Residence Inn, GetGo, Petitti Garden Centers, Menards, Duluth Trading Co, Cabela's, Target, The Home Depot, and Costco. This property presents a compelling opportunity for businesses seeking a well-located, functional warehouse space in a thriving commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Flathead
    State
    Montana
    Longitude
    -114.681
    Latitude
    48.0654

    Comparable in this City

    • Value Estimation by Request
      6.39 Acres

      135 Wright Way

      Land • 6.39 Acres
      135 Wright Way, Marion, MT 59925
      View Details
    • Value Estimation by Request
      4.98 Acres

      Nhn Red Baron Ln

      Land • 4.98 Acres
      0 Nhn Red Baron Ln, Marion, MT 59925
      View Details
    • Value Estimation by Request
      5.02 Acres

      Nhn Vw Rdg Lot

      Land • 5.02 Acres
      0 Nhn Vw Rdg Lot, Marion, MT 59925
      View Details
    • Value Estimation by Request
      40.00 Acres

      12021 Hwy 2

      Land • 40.00 Acres
      12021 Hwy 2, Marion, MT 59925
      View Details
    • Value Estimation by Request
      20.00 Acres

      Tr 6 Nhn Powder Horn Ln

      Land • 20.00 Acres
      Tr 6 Nhn Powder Horn Ln, Marion, MT 59925
      View Details
    • Value Estimation by Request
      7.79 Acres

      25 Broken Chain Rd

      Land • 7.79 Acres
      25 Broken Chain Rd, Marion, MT 59925
      View Details

    Similar Nearby for Sale

    • $449,000
      20.10 Acres

      Montana Mountain Estate - 20 Acres

      20 acres, build your dream home, lake access
      182 New Timber Rdg Trl, Marion, MT 59925
      View Details
    • New
      $699,950
      80.67 Acres

      Montana Land with Mountain Views

      80+ acre off-grid Montana sanctuary with mountain views.
      3605 Hubbart Dam Rd, Marion, MT 59925
      View Details
    • New
      $374,950
      40.34 Acres

      Montana Land with Mountain Views

      40+ acre Montana property with mountain views near lakes.
      3605 Hubbart Dam Rd, Marion, MT 59925
      View Details
    • $249,500

      20 Acres with Lake Views

      20-acre parcel with mountain and lake views, enhanced for development.
      Tr 7 Nhn Powder Horn Ln, Marion, MT 59925
      View Details
    • $350,000
      14.74 Acres

      Expansive Land Parcel in Marion, MT

      14.743-acre land parcel with year-round access near Bitterroot Lake.
      2175 Pleasant Valley Rd, Marion, MT 59925
      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.
    94 Owens Way
    Marion, MT 59925
    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
    94 Owens Way, Marion, MT, 59925
    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!