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Property profile & analytics
OFF-MARKET
Office buildings
1060 Meridian Rd Kalispell, MT 59901-3542
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US52-0185360
Property summary
AI-generated overview
This charming 1907 mixed-use property in Kalispell, Montana, presents a unique investment opportunity. Situated on a 12,284 sq ft lot (approximately 0.28 acres) at 1060 Meridian Road, zip code 59901, this 1,643 sq ft building offers a blend of commercial and residential space. The main floor comprises up to five office spaces, perfect for a variety of businesses, benefiting from high visibility and substantial traffic flow. Upstairs, a cozy one-bedroom apartment provides on-site living accommodations or potential rental income. The property's excellent curb appeal enhances its attractiveness to both clients and residents. A partially finished basement offers ample storage or the potential for further customization to suit individual needs. Ample parking is available, ensuring convenient access for all. This property offers endless possibilities for a savvy investor seeking a blend of commercial and residential income streams in a desirable Kalispell location. The asking price is $650,000.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1907
Construction
WOOD
Total area
1,643 SF
Lot
0.28 ac (12,284 SF)
Zoning code
1
APN
07-3965-12-1-23-10-0000
UPID
US52-0185360
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jules Marsh, MD Physician
-
Rehbein Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bridger Commerce LLC · 1 yrs held
Bridger Commerce LLC
since 2025
5 recorded transactions
Zoning & alternative use
1 · Kalispell, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kalispell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kalispell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,822
Tax year 2024
Assessed value
$534,000
Assessed 2024
Previous assessed
$534,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$147,662
Improvement market value
$386,338
Total market value
$534,000
Applied tax rate
31,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1907
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
1,643 SF
Lot
0.28 ac (12,284 SF)
Zoning code
1
APN
07-3965-12-1-23-10-0000
UPID
US52-0185360
Jurisdiction
FLATHEAD
Zoning & alternative use
1 · Kalispell, MT
Zoning 1 · permitted uses
1 · Kalispell, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kalispell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Bridger Commerce LLC
Entity
Mailing address
1418 5TH AVE W, KALISPELL, MT 59901-5522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Bridger Commerce LLC
Rehbein Rentals LLC
Warranty Deed
$394,757 · Stockman Bank Of Montana
Mar 29, 2021
—
Rehbein Rentals LLC
Nicholas R Hansen
Warranty Deed
$360,000 · Glacier Bank
May 30, 2017
—
Nicholas R Hansen
Pp&i Holdings LLC
Warranty Deed
$130,000 · Pp&i Holdings LLC
Dec 19, 2014
—
Pp&i Holdings LLC
Kent Reimer
Warranty Deed
—
Feb 12, 2014
—
Kent Reimer
Beargrass Holdings LLP
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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