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    Property profile & analytics

    415 Grand Dr Bigfork, MT 59911

    • Commercial real estate
    • 0.43 lot acres
    For Sale
    View listing
    $1,275,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0142946
    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 415 Grand Dr

    Year built
    1977
    Lot size
    0.43 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional mixed-use property in downtown Bigfork, Montana, presents a rare investment opportunity. Located at 415 Grand Drive, this 0.43-acre lot boasts a fully remodeled duplex built in 1977, offering immediate income potential. The property enjoys stunning views of Bigfork Bay and convenient access to the public dock across the street. Currently configured as a duplex, one unit generates income through nightly/weekly rentals, while the other unit offers additional rental potential. The B-3 zoning allows for a wide range of commercial and residential uses, including restaurants, offices, clinics, and short-term rentals. This versatile property is ideally situated within walking distance of all Bigfork Village amenities, making it an attractive proposition for both investors and owner-occupants seeking a blend of commercial and residential uses. The asking price is $1,275,000. This prime location and flexible zoning provide endless possibilities for future development and growth. The property's recent remodel ensures immediate occupancy and income generation, making it a compelling investment in the thriving Bigfork market. The zip code is 59911.

    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
    Bigfork
    County
    Flathead
    State
    Montana
    Longitude
    -114.0750427
    Latitude
    48.0633982

    Comparable in this City

    • $5,800,000
      13,410 SF

      Bigfork Lakefront Resort - $5.8M

      Montana Lakefront Hotel & Resort - Turnkey Opportunity
      180 123, Bigfork, MT 59911
      View Details
    • $3,495,000
      14.94 Acres

      Montana Lakefront Resort - Prime Investment

      Luxury cabins & houses, stunning views, turnkey operation.
      27572 Morningwood Ln, Bigfork, MT 59911
      View Details
    • $1,375,000
      4,737 SF

      Bigfork Mixed-Use Commercial Building

      9-Unit Multi-Tenant Commercial Complex in Bigfork, MT
      191 Jewel Basin Ct, Bigfork, MT 59911
      View Details
    • $1,900,000

      Bigfork Mixed-Use Investment Opportunity

      New Construction, 11,440 SF, Seller Financing
      198 Hill Rd, Bigfork, MT 59911
      View Details
    • $1,995,000

      Bigfork Restaurant - Turnkey Opportunity

      Established Eatery, Prime Location, Montana
      8595 Mt Highway 35, Bigfork, MT 59911
      View Details
    • $2,500,000
      0.23 Acres

      Bigfork Mixed-Use Investment

      Lakefront Hotel, 5 Units, Bigfork MT
      425 Grand Dr, Bigfork, MT 59911
      View Details

    Similar Nearby for Sale

    • $5,800,000
      13,410 SF

      Bigfork Lakefront Resort - $5.8M

      Montana Lakefront Hotel & Resort - Turnkey Opportunity
      180 123, Bigfork, MT 59911
      View Details
    • $3,495,000
      14.94 Acres

      Montana Lakefront Resort - Prime Investment

      Luxury cabins & houses, stunning views, turnkey operation.
      27572 Morningwood Ln, Bigfork, MT 59911
      View Details
    • $1,375,000
      4,737 SF

      Bigfork Mixed-Use Commercial Building

      9-Unit Multi-Tenant Commercial Complex in Bigfork, MT
      191 Jewel Basin Ct, Bigfork, MT 59911
      View Details
    • $1,900,000

      Bigfork Mixed-Use Investment Opportunity

      New Construction, 11,440 SF, Seller Financing
      198 Hill Rd, Bigfork, MT 59911
      View Details
    • $1,995,000

      Bigfork Restaurant - Turnkey Opportunity

      Established Eatery, Prime Location, Montana
      8595 Mt Highway 35, Bigfork, MT 59911
      View Details
    • $2,500,000
      0.23 Acres

      Bigfork Mixed-Use Investment

      Lakefront Hotel, 5 Units, Bigfork MT
      425 Grand Dr, Bigfork, MT 59911
      View Details
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    415 Grand Dr
    Bigfork, MT 59911
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    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
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