Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    51015 Us Hwy 93 Polson, MT 59860-7194
    Back to Search
    Property profile & analytics

    51015 Us Hwy 93 Polson, MT 59860-7194

    View on Map
    • Retail space
    • 810 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US52-0424010
    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

    • Retail space

    Property Details for 51015 Us Hwy 93

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    810 SF
    Property type
    Retail space
    APN
    15-3228-02-3-05-04-0000
    APU
    15322802305040000

    Description

    This exceptional commercial property, located at 51015 US Hwy 93 in Polson, Montana, presents a compelling investment opportunity. Situated on a 0.55-acre lot, the property boasts highway frontage with exceptional visibility, ensuring high traffic exposure. The existing structure, built in 1972, comprises two units, both currently leased with a strong rental history extending through September 2026. Leasehold information is available upon request. The property's strategic location near the Polson Golf Course (old #9) and its adjacency to a major arterial road guarantee significant current and future traffic counts. Recently annexed into the city, the property offers the potential for connection to city water, although it currently utilizes a private septic system. The property's zoning allows for commercial use, with restrictions on residential mixed-use as per HCZD regulations. Six additional lots abut the abandoned Montana Rail Link right of way. Detailed engineering information and a current survey are readily available. Showings require prior notice. This property offers numerous development possibilities and represents a strong investment opportunity due to its high visibility, existing income stream, and prime location.

    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
    Polson
    County
    Lake
    State
    Montana
    Longitude
    -114.131
    Latitude
    47.6928

    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
    $3,095
    $0.00
    $0.00
    $326,700
    -
    $108,440
    $218,260
    $326,700

    Comparable in this City

    • Value Estimation by Request
      440 SF

      505 1st E St

      RETAIL STORES (PERSONAL SERVICES) • 440 SF
      505 1st E St, Polson, MT 59860-2711
      View Details
    • Value Estimation by Request
      2,712 SF

      314 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,712 SF
      314 Main St, Polson, MT 59860-2110
      View Details
    • Value Estimation by Request
      6,780 SF

      1 2nd E St

      RETAIL STORES (PERSONAL SERVICES) • 6,780 SF
      1 2nd E St, Polson, MT 59860-2321
      View Details
    • Value Estimation by Request
      1,950 SF

      111 3rd E Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,950 SF
      111 3rd E Ave, Polson, MT 59860-2194
      View Details
    • Value Estimation by Request
      9,600 SF

      102 Kari Ln

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      102 Kari Ln, Polson, MT 59860-2322
      View Details
    • Value Estimation by Request
      1,450 SF

      419 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,450 SF
      419 Main St, Polson, MT 59860
      View Details

    Similar Nearby for Sale

    • $735,000
      4,200 SF

      Polson Commercial Building Opportunity

      Commercial building built in 2025 with two businesses and apartment.
      11 7Th Ave W, Polson, MT 59860
      View Details
    • $1,250,000
      4.85 Acres

      Polson Retail and Residential Property

      4.85 acres with residence, shop, retail, and greenhouses.
      33953 Fox Rd, Polson, MT 59860
      View Details
    • $1,250,000
      4.85 Acres

      Polson Retail Property w/ Residence

      Lakeside Retail & Residential Estate
      33953 Fox Rd, Polson, MT 59860
      View Details
    • $3,999,000
      29,000 SF

      Historic Waterfront Mixed-Use Investment

      Iconic 1926 building with marina on Flathead Lake.
      110 Main St, Polson, MT 59860
      View Details
    • $1,250,000
      4.85 Acres

      Polson, MT Multi-Use Property

      Lakefront Estate w/ Retail & Shop
      33953 Fox Rd, Polson, MT 59860
      View Details

    Similar Nearby for Lease

    • $2,625 /Mo
      55,321 SF

      Polson Retail/Office Space For Lease

      High-visibility commercial space in Polson, MT, near Flathead Lake.
      1102 4Th Ave E, Polson, MT 59860
      View Details
    • Contact for pricing

      Polson Commercial Space For Lease

      5604 sq. ft. commercial space in Polson, Montana.
      101 Whitewater Pl, Polson, MT 59860
      View Details
    • $2,625 /Mo

      Polson Office Space For Rent

      Office space available for rent in Polson, Montana.
      1102 4Th Ave E, Polson, MT 59860
      View Details
    • $1,500 /Mo
      16,640 SF

      Remodeled Office Suite with Parking

      Class A office suite with reception, parking, and lake views.
      50249 Us Highway 93, Polson, MT 59860
      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.
    51015 Us Hwy 93
    Polson, MT 59860-7194
    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

    Thank You for Inquiry
    51015 Us Hwy 93, Polson, MT, 59860
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!