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

    106 Charlotte Ave Kalispell, MT 59901

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0268832
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 106 Charlotte Ave

    Property type
    Commercial real estate

    Description

    This exceptional 8,233 square foot commercial lot in Kalispell, Montana, presents a remarkable investment opportunity. Situated on the seventh hole of the prestigious Buffalo Hills Golf Course, this property boasts stunning views of the meticulously maintained greens and fairways. Its location offers a unique blend of tranquility and convenience, providing easy access to the vibrant downtown area with its diverse selection of shops, restaurants, and entertainment venues. The property's zoning allows for the development of a single-family residence or, subject to obtaining a conditional use permit, a multi-family development, opening up a wide range of possibilities for the discerning buyer. The asking price for this prime piece of land is $399,000. This is a rare chance to acquire a property that seamlessly combines the serenity of a golf course setting with the accessibility of a thriving city center. The address is 106 Charlotte Avenue, Kalispell, MT 59901. This lot is ready for your vision, whether it's a dream home or a lucrative investment. Don't miss this chance to build your future in this desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.32397
    Latitude
    48.2091

    Comparable in this City

    • $535,000
      9.93 Acres

      Montana Mountain View Estate Lot

      10 Acres, Stunning Views, No HOA
      2905 Farm To Market Rd, Kalispell, MT 59901
      View Details
    • $749,900
      34.63 Acres

      Kalispell Land: 34 Acres Wooded Lot

      Prime Montana acreage, build your dream home!
      0 Nhn Copper Rd, Kalispell, MT 59901
      View Details
    • $231,900
      1.11 Acres

      Holbrook Estates Land - Kalispell, MT

      1.11 Acres, Mountain Views, Build Your Dream Home
      204 Holbrook Dr, Kalispell, MT 59901
      View Details
    • $994,000
      16.68 Acres

      Montana Land: 16 Acres Near Kalispell

      Prime Kalispell acreage, mountain views, build your dream home.
      0 Nhn Farm Rd, Kalispell, MT 59901
      View Details
    • $750,000
      5.00 Acres

      Kalispell, MT: 5-Acre Residential Land

      Prime 5-acre parcel, Spring Creek frontage, buildable.
      650 Capistrano Dr, Kalispell, MT 59901
      View Details
    • $570,000
      39.53 Acres

      Montana Land: 40 Acres Near Glacier

      40 acres, stunning views, buildable land.
      280 Go Away Ln, Kalispell, MT 59901
      View Details

    Similar Nearby for Sale

    • $205,000
      2.63 Acres

      Kalispell Commercial Land - 2.63 Acres

      Prime Montana Commercial Land
      156 Peters Creek Way, Kalispell, MT 59901
      View Details
    • $1,650,000
      5.00 Acres

      Montana Farm: 5 Acres, Two Homes

      Historic Montana farm; two homes, six outbuildings
      1380 Lower Valley Rd, Kalispell, MT 59901
      View Details
    • $3,200,000

      Downtown Kalispell Mixed-Use Gem

      Historic building, fully leased, prime location.
      301 Main St, Kalispell, MT 59901
      View Details
    • $300,000

      Kalispell Commercial Land - $300K

      Two-acre commercial lot, mountain views, easy access.
      197 Jefferson St, Kalispell, MT 59901
      View Details
    • $267,000
      2.86 Acres

      Kalispell Land: 2.86 Acres

      Build Your Dream Home on 2.86 acres
      1047 Blacktail Ter, Kalispell, MT 59901
      View Details
    • $495,000
      1.86 Acres

      Montana Land: 1.86 Acres in Kalispell

      Build Your Dream Home in Buffalo Mountain
      218 Walking Coyote Dr, Kalispell, MT 59901
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      1,200 SF

      Kalispell Commercial Garage/Office Space

      Prime Kalispell location, 1200 sq ft office/shop.
      3792 Us Highway 2, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Kalispell Retail Hub Pad Site

      Last remaining drive-thru pad site in Kalispell's retail hub.
      2304 Us Highway 93 N, Kalispell, MT 59901
      View Details
    • $18 SF/Yr
      2,781 SF

      Kalispell Retail Space - Hwy 93

      High-traffic retail space, move-in ready.
      1645 Us Highway 93, Kalispell, MT 59901
      View Details
    • $18 SF/Yr
      41 SF

      Remodeled Retail Space on Highway 93

      High-visibility retail suite in remodeled building with strong tenant mix.
      1325 Us Highway 2 W Suite C Kalispell, Kalispell, MT 59901
      View Details
    • $22 SF/Yr
      256,133 SF

      Kalispell Office Space For Rent

      Up to 53,354 SF of office space available for lease.
      555 Corporate Dr, Kalispell, MT 59901
      View Details
    • $18 SF/Yr
      111,383 SF

      Kalispell Retail Space For Rent

      High-visibility retail suite in remodeled building with highway access.
      1325 W Unit, Kalispell, MT 59901
      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.
    106 Charlotte Ave
    Kalispell, MT 59901
    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.