Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1301 11th S Ave Great Falls, MT 59405-4654

    Property Lookup

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

    1301 11th S Ave Great Falls, MT 59405-4654

    View on Map
    • Office buildings
    • 18,200 SF
    • 0.86 lot acres
    Off-Market
    Last Sale Dec 19, 2025
    Property ID
    US52-0083658
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Hearing Place of Montana, Inc / Hearing Aid Store
    • My Hearing Centers / Hearing Aid Store
    • Teausant Alicia DPM / Physician
    • Peggy Ray, MPT / Physician
    • Idealics Llc / Hearing Aid Store

    Property Details for 1301 11th S Ave

    Year built
    1964
    Construction
    STEEL FRAME
    Lot size
    0.86 lot acres
    Property size
    18,200 SF
    Property type
    Office buildings
    APN
    02-3015-13-1-10-01-0000
    APU
    2301513110010000

    Description

    This exceptional commercial property, located at 1301 11th Avenue S in Great Falls, Montana, presents a compelling investment opportunity. Priced at $2,450,000, this 0.861-acre site boasts a 100% occupancy rate with five long-term tenants: Nail Club, Charter/Spectrum, Benefis Foot & Ankle Clinic, Race MT, and My Hearing Centers. The building, constructed in 1964, features a pre-engineered steel frame and a durable metal roof. Recent upgrades include a brand-new common area water heater, upgraded interior signage and lighting, and a convenient vending machine. The inviting common area also includes travertine tile and several benches. Ample parking is available for tenants and customers. Excellent visibility is ensured by a pylon sign and individual cabinet signs for each tenant. The property includes two common area restrooms, with four of the five tenants also having private restrooms within their spaces. A walk-up staircase leads to a substantial second-level area, offering significant storage space or potential for additional office development. Tenants are responsible for their own gas and electric (if separately metered) and interior janitorial services. This well-maintained and highly visible property offers a strong return on investment with its stable tenant base and desirable location just one block from 10th Avenue South.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.285
    Latitude
    47.4935
    CBSA code
    24500
    CBSA name
    GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,800
    $0.00
    $0.00
    $1,695,080
    -
    $242,550
    $1,452,530
    $1,695,080

    Comparable in this City

    • Value Estimation by Request
      1,624 SF

      1401 52nd N St

      OFFICE BUILDING • 1,624 SF
      1401 52nd N St, Great Falls, MT 59405-1073
      View Details
    • Value Estimation by Request
      3,000 SF

      1408 52nd N St

      OFFICE BUILDING • 3,000 SF
      1408 52nd N St, Great Falls, MT 59405-1072
      View Details
    • Value Estimation by Request
      560 SF

      908 6th S St

      OFFICE BUILDING • 560 SF
      908 6th S St, Great Falls, MT 59405-4022
      View Details
    • Value Estimation by Request
      1,088 SF

      315 6th S St

      OFFICE BUILDING • 1,088 SF
      315 6th S St, Great Falls, MT 59405-1921
      View Details
    • Value Estimation by Request
      25,284 SF

      4400 Central Ave

      OFFICE BUILDING • 25,284 SF
      4400 Central Ave, Great Falls, MT 59405-1641
      View Details
    • Value Estimation by Request
      6,192 SF

      618 Park S Dr

      OFFICE BUILDING • 6,192 SF
      618 Park S Dr, Great Falls, MT 59405-1808
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      201 - 215 2nd Avenue S, Great Falls, MT 59405

      Mixed-use properties
      201 2Nd Ave S, Great Falls, MT 59405
      View Details
    • Contact for pricing

      Downtown Commercial Building with Showroom

      Commercial building in downtown Great Falls with showroom and warehouse.
      201 2Nd Ave S, Great Falls, MT 59405
      View Details
    • Contact for pricing

      Historic Building Loft Office Space

      Restored historic building with industrial charm and modern amenities.
      219 2Nd Ave South, Great Falls, MT 59405
      View Details
    • $539,000
      0.90 Acres

      Prime Great Falls Retail/Office Space

      Spacious Multi-Level Commercial Building in Montana
      715 13Th Ave, Great Falls, MT 59405
      View Details
    • Contact for pricing
      14,940 SF

      Downtown Great Falls Commercial Building

      Commercial building in downtown Great Falls with showroom and warehouse.
      201 2Nd Ave S, Great Falls, MT 59405
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      28,269 SF

      Prime Office Space, 13th Ave S

      28,269 sq ft Office Building - Huge Potential
      715 13Th Ave, Great Falls, MT 59405
      View Details
    • Contact for pricing
      2,110 SF

      Retail Space in Holiday Village

      Retail space available in Great Falls' dominant retail corridor.
      900 10Th Ave S, Great Falls, MT 59405
      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.
    1301 11th S Ave
    Great Falls, MT 59405-4654
    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.
    Sign Up Successful!
    You now have access to more from Realmo!