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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1196 Glades Dr Whitefish, MT 59937

    • Commercial real estate
    • 0.65 lot acres
    For Sale
    View listing
    $1,790,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0178649
    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 1196 Glades Dr

    Lot size
    0.65 lot acres
    Property type
    Commercial real estate

    Description

    Westchester Center, a two-building retail shopping center in Jefferson County, offers exceptional leasing opportunities. This 94,229 square foot property, situated on a 7.98-acre lot (347,435 square feet), boasts a prime location near Dixie Highway, ensuring high visibility and substantial foot traffic. Built in 1968 and extensively renovated in 2019, the center comprises three suites, with a minimum divisible space of 1,375 square feet and a maximum contiguous space of 9,450 square feet. Currently, 14,825 square feet are available for lease. The property features ample parking with 326 spaces. The center benefits from a diverse mix of existing tenants, creating a vibrant and bustling atmosphere. Recent improvements to the common areas are enhancing curb appeal, and further updates are planned. The property is zoned C-1, allowing for retail and light industrial uses. This presents a unique opportunity for businesses seeking a well-maintained, high-traffic location with significant growth potential. The single-story buildings offer easy accessibility and efficient layouts. Invest in a thriving retail center with a proven track record and a bright future.

    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
    Whitefish
    County
    Flathead
    State
    Montana
    Longitude
    -114.344898
    Latitude
    48.48111

    Comparable in this City

    • $899,000
      5.01 Acres

      Whitefish Estates 5-Acre Lot

      Montana Mountain Views, Prime Location
      0 Nhn Whitefish Est Dr, Whitefish, MT 59937
      View Details
    • $10,000,000
      22.90 Acres

      Whitefish Montana Estate - 22.9 Acres

      Prime Whitefish land, exceptional privacy, stunning views.
      355 Reservoir Rd, Whitefish, MT 59937
      View Details
    • $1,249,000
      0.32 Acres

      Whitefish Mountain Resort Lot

      Luxury duplex homesite, stunning views.
      323 Haskill Crk Way, Whitefish, MT 59937
      View Details
    • $699,000
      5.09 Acres

      Whitefish Estates 5-Acre Lot

      Montana Land: Mountain Views, Privacy
      0 Nhn Whitefish Est Dr, Whitefish, MT 59937
      View Details
    • $1,795,000

      Prime Whitefish Lake View Lot

      Exclusive Iron Horse community, stunning views.
      194 Prairiesmoke Cir, Whitefish, MT 59937
      View Details
    • $525,000

      Prime Whitefish Land - Grouse Mountain

      14,243 sq ft residential lot, stunning views.
      318 Fairway Dr, Whitefish, MT 59937
      View Details

    Similar Nearby for Sale

    • $2,050,000
      0.51 Acres

      Whitefish Land: Prime Residential Lot

      Luxury lot, 0.5 acres, Whitefish, MT
      95 Karrow Ave, Whitefish, MT 59937
      View Details
    • $650,000
      20.11 Acres

      Prime Whitefish Mountain Land

      20 Acres, Gated Community, Stunning Views
      70 Mdws Dr, Whitefish, MT 59937
      View Details
    • $585,000

      Whitefish Montana Land - $585,000

      Prime Whitefish residential lot, 0.67 acres.
      5 Merganser Ct, Whitefish, MT 59937
      View Details
    • $799,000
      0.82 Acres

      Lion Mountain Lot: Whitefish, MT

      Spectacular .82-acre lot with stunning views.
      1340 Lion Mountain Dr, Whitefish, MT 59937
      View Details
    • $599,999
      9.80 Acres

      Whitefish Montana Land - Build Ready

      10-Acre Residential Lot, Prime Location
      56 Wagon Wheel Rd, Whitefish, MT 59937
      View Details
    • $598,500
      10.00 Acres

      10-Acre Montana Land Parcel

      Build your dream home in Whitefish, MT.
      81 Scholar Ln, Whitefish, MT 59937
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      48,000 SF

      Prime Whitefish Industrial Property

      48,000 SF Manufacturing/Flex Space
      500 Label Ln, Whitefish, MT 59937
      View Details
    • $34 SF/Yr
      830 SF

      Prime Whitefish Office Space

      830 sq ft, Modern Office, Old Town
      124 Obrien Ave, Whitefish, MT 59937
      View Details
    • $15 SF/Yr
      12,000 SF

      Highway Frontage Warehouse Near Whitefish

      12,000 SF warehouse with highway frontage near Whitefish, MT.
      5020 93 Hwy S, Whitefish, MT 59937
      View Details
    • Contact for pricing
      10,150 SF

      High-Traffic Whitefish Shopping Center

      Neighborhood shopping center with high visibility and strong local market.
      6475 Us Highway 93 S, Whitefish, MT 59937
      View Details
    • Contact for pricing
      2,785 SF

      Downtown Whitefish Retail Spaces

      Prime Retail/Restaurant, Two Suites Available
      250 2Nd St, Whitefish, MT 59937
      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.
    1196 Glades Dr
    Whitefish, MT 59937
    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.