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Property profile & analytics
FOR LEASE
Retail space
409 1st E Ave Kalispell, MT 59901-4918
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US52-0136636
For Lease
1 / 25
$15 SF/Yr
409 1st E Ave, Kalispell, MT 59901-4918
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
WOOD
Total area
6,008 SF
Lot
0.16 ac (7,013 SF)
Zoning code
5
APN
07-3966-18-1-35-15-0000
UPID
US52-0136636
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
-
Dolli Photography LLC Photography Service (Bike/Boat/Book/etc) Store
-
Nature Baby Outfitter - Lifestyle Furniture & Home Goods Clothing & Fashion Store
-
Creative Body Piercing & Fine Body Jewelry Tattoo & Piercing Shop
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
Placeholder LLC · 3 yrs held
Placeholder LLC
since 2023
6 recorded transactions
Zoning & alternative use
5 · 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
$9,952
Tax year 2024
Assessed value
$878,500
Assessed 2024
Previous assessed
$878,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Land market value
$105,800
Improvement market value
$772,700
Total market value
$878,500
Applied tax rate
31,016.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1900
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
6,008 SF
Lot
0.16 ac (7,013 SF)
Zoning code
5
APN
07-3966-18-1-35-15-0000
UPID
US52-0136636
Jurisdiction
FLATHEAD
Zoning & alternative use
5 · Kalispell, MT
Zoning 5 · permitted uses
5 · 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
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Placeholder LLC
Entity
Mailing address
PO BOX 365, SOMERS, MT 59932-0365
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
—
Placeholder LLC
Jonathan Vorm
Grant Deed
—
Oct 5, 2022
—
Jonathan Vorm
Copperwood Brewing LLC
Warranty Deed
—
Aug 5, 2022
—
Copperwood Brewing LLC
—
Deed
related
$530,559 · First Interstate Bank
Aug 7, 2020
—
Cooperwood Brewing LLC
—
Deed
related
$237,333 · Three Rivers Bank Of Montana
Aug 12, 2016
—
Copperwood Brewing LLC
T & R Hall LLC
Warranty Deed
—
Jan 26, 2006
—
Greg L Bahny
C J Auto Parts INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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