Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1005 5Th St Polson, MT 59860

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1005 5Th St

    Property type
    Land

    Description

    This exceptional 6,795 square foot residential lot is located at 1005 5th Street E in Polson, Montana, zip code 59860. Priced at $100,000, this property presents a unique opportunity to build in a desirable location. The lot boasts mature trees, creating a peaceful and private atmosphere while remaining conveniently close to schools, parks, shopping, and dining options. Utilities are already in place, including septic, power, and water connections, significantly reducing the cost and complexity of construction. This ready-to-build lot offers versatile potential for a cozy home, a weekend retreat, or a smart investment property. Its prime location in the heart of Polson combines the tranquility of a natural setting with the convenience of a vibrant town. The property's ideal blend of natural beauty and modern convenience makes it an attractive option for those seeking a peaceful yet accessible location to build their dream home. Don't miss this chance to own a piece of Polson's charm. Lake County location offers easy access to local amenities and recreational opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Polson
    County
    Lake
    State
    Montana
    Longitude
    -114.156
    Latitude
    47.6859

    Comparable in this City

    • Value Estimation by Request

      107 Eagle Dr

      Land
      107 Eagle Dr, Polson, MT 59860
      View Details
    • Value Estimation by Request
      5.13 Acres

      4B Sunny Slope Dr

      Land • 5.13 Acres
      4B Sunny Slope Dr, Polson, MT 59860
      View Details
    • Value Estimation by Request
      1.88 Acres

      14 Cimarron Ln

      Land • 1.88 Acres
      14 Cimarron Ln, Polson, MT 59860
      View Details
    • Value Estimation by Request
      5.01 Acres

      31529 Rehbein Rd

      Land • 5.01 Acres
      31529 Rehbein Rd, Polson, MT 59860
      View Details
    • Value Estimation by Request
      0.36 Acres

      Nhn Jefferson Ct

      Land • 0.36 Acres
      0 Nhn Jefferson Ct, Polson, MT 59860
      View Details
    • Value Estimation by Request
      0.52 Acres

      35 Stonewall Dr

      Land • 0.52 Acres
      35 Stonewall Dr, Polson, MT 59860
      View Details

    Similar Nearby for Sale

    • $95,000
      1.88 Acres

      Polson, MT Residential Land Lot

      1.88-acre lot, minutes from Polson. Build your dream home!
      14 Cimarron Ln, Polson, MT 59860
      View Details
    • $89,000
      1.38 Acres

      Polson, MT Residential Lot

      1.38 Acres, Build Your Dream Home
      4 Cimarron Ln, Polson, MT 59860
      View Details
    • $155,000

      Polson, MT Residential Land Lot

      Build your dream RV site in Montana.
      40150 Enterprise Dr, Polson, MT 59860
      View Details
    • $1,250,000
      4.85 Acres

      Polson, MT Multi-Use Property

      Lakefront Estate w/ Retail & Shop
      33953 Fox Rd, Polson, MT 59860
      View Details
    • $247,500
      0.36 Acres

      Prime Polson Residential Land

      Montana lakefront living, build your dream home.
      0 Nhn Jefferson Ct, Polson, MT 59860
      View Details
    • $329,900
      4.97 Acres

      Montana Lakeside Land - Polson

      4.97 Acres, Mission Mountain Views
      38 Ruffian Dr, Polson, MT 59860
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      4,000 SF

      Prime Office Space, Whitewater Place

      Single-tenant office, 4,000 sq ft.
      103 Whitewater Pl, Polson, MT 59860
      View Details
    • $19 SF/Yr
      22,608 SF

      Polson Commercial Property with Drive-Thru

      High-visibility commercial property on Flathead Lake with drive-thru and highway access.
      50205 Us Highway 93, Polson, MT 59860
      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.
    1005 5Th St
    Polson, MT 59860
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.