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

    331 Baker Ave Whitefish, MT 59937-2433

    • Commercial land
    • 1,356 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0187379
    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 land

    Property Details for 331 Baker Ave

    Year built
    1923
    Lot size
    0.11 lot acres
    Property size
    1,356 SF
    Zone code
    6
    Property type
    Commercial land
    APN
    07-4292-36-1-49-13-0000
    APU
    7429236149130000

    Description

    This exceptional commercial property in Whitefish, Montana, presents a rare opportunity for businesses seeking a prime location in a thriving market. Situated on a 0.11-acre lot at 331 Baker Avenue, this brand-new construction is scheduled for completion by November 2025. The property is zoned WB-3, offering a blend of sophistication and convenience. Buyers will benefit from the ability to fully customize the interior space to perfectly suit their business needs and vision. Whitefish is renowned for its luxurious lifestyle and vibrant atmosphere, offering a unique combination of outdoor recreation and upscale amenities. Imagine the unparalleled convenience of accessing world-class skiing and boating opportunities within a 10-mile radius. This property provides an ideal setting for businesses seeking to establish a presence in one of Montana's most desirable locations. The sale is contingent upon final plat approval. This is an investment in a future-ready commercial space in a highly sought-after area, promising significant return on investment. The property's strategic location and flexible design make it suitable for a wide range of commercial ventures. The asking price is $1,495,000. Don't miss this chance to secure a remarkable commercial space in the heart of Whitefish.

    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
    -114.338
    Latitude
    48.4088
    CBSA code
    28060
    CBSA name
    KALISPELL, MT MICROPOLITAN 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
    2024
    $4,213
    $0.00
    $0.00
    $601,360
    -
    $601,360
    $0.00
    $601,360

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      3844 Winter Ln

      VACANT COMMERCIAL LAND • 0.34 Acres
      3844 Winter Ln, Whitefish, MT 59937-8085
      View Details
    • Value Estimation by Request
      7.04 Acres

      Whitefish, MT 59937

      VACANT COMMERCIAL LAND • 7.04 Acres
      Whitefish, MT 59937
      View Details
    • Value Estimation by Request
      0.07 Acres

      Hwy 93rd S

      VACANT COMMERCIAL LAND • 0.07 Acres
      Hwy 93rd S, Whitefish, MT 59937
      View Details
    • Value Estimation by Request
      1.66 Acres

      910 Baker Ave

      VACANT COMMERCIAL LAND • 1.66 Acres
      910 Baker Ave, Whitefish, MT 59937-2929
      View Details
    • Value Estimation by Request
      7.62 Acres

      Big Mtn Rd

      VACANT COMMERCIAL LAND • 7.62 Acres
      Big Mtn Rd, Whitefish, MT 59937
      View Details
    • Value Estimation by Request
      0.38 Acres

      38 Central Ave

      VACANT COMMERCIAL LAND • 0.38 Acres
      38 Central Ave, Whitefish, MT 59937-2547
      View Details

    Similar Nearby for Sale

    • $2,369,000
      2.50 Acres

      Whitefish Waterfront Development Opportunity

      Prime 2.5-acre lot, multifamily zoning.
      2041 River Lakes Pkwy, Whitefish, MT 59937
      View Details
    • $1,895,000
      1.95 Acres

      Whitefish Mountain Resort Homesite

      1.95 Acres, Stunning Views, Plans Included
      184 Orion Dr, Whitefish, MT 59937
      View Details
    • $899,000

      Whitefish Commercial Land - $899K

      Prime Whitefish commercial lot, .87 acres, mountain views.
      221 10Th St, Whitefish, MT 59937
      View Details
    • $1,299,000
      0.28 Acres

      Whitefish Mountain Resort Lot

      Luxury Duplex Homesite, Ski Access
      338 Haskill Crk Way, Whitefish, MT 59937
      View Details
    • $3,250,000
      40.16 Acres

      Prime Whitefish Land - 40 Acres

      Montana acreage with stunning views, close to town.
      101 Hawks Xing Way, Whitefish, MT 59937
      View Details
    • $6,750,000
      93.30 Acres

      Whitefish Commercial Land - 93 Acres

      Prime Montana Commercial Land, Riverfront
      93 Whitefish Mt, Whitefish, MT 59937
      View Details

    Similar Nearby for Lease

    • $34 SF/Yr
      830 SF

      Prime Whitefish Office Space

      830 sq ft, Modern Office, Old Town
      124 Obrien Ave, 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
    • New
      $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
    • $9 SF/Yr
      48,000 SF

      Prime Whitefish Industrial Property

      48,000 SF Manufacturing/Flex Space
      500 Label Ln, 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.
    331 Baker Ave
    Whitefish, MT 59937-2433
    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.