Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1019 Stoddard Street Missoula, MT 59802

    View on Map
    Claim this Listing
    For Sale
    $465,000

    LAND - Missoula, MT

    Lot size:
    0.18 Acres
    Added:
    Jan 8, 2026
    Days on Market:
    114
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 1019 Stoddard Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04220016433040000
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SCHOOL ADDITION, S16, T13 N, R19 W, BLOCK 37, Lot 5 - 6
    Tax Annual Amount
    2040

    We can help!

    Listing Contact
    Megan Robson

    Listing agent Megan Robson License #RRE-BRO-LIC-108735

    Listing office PureWest Real Estate - Missoula 101 Railroad St W, Kalispell, MT

    Listing date Jan 8, 2026

    MLS# 30063738 Listing URL

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Missoula Land with Approved Plans

    This property, located in a vibrant neighborhood, offers an opportunity for infill development. Approved plans for a 6-plex are available, and permits are ready to be picked up. The site is thoughtfully designed for efficient construction. In the interim, a 2-bedroom, 1+ bathroom home can be used as a rental to offset holding costs. The property's proximity to schools, hospitals, and downtown adds to its appeal. The lot size is 0.179 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.005476
    Latitude
    46.883682

    Nearby Similar for Sale

    • $629,000

      Versatile Mixed-Use Commercial Property

      Prime Missoula commercial property with versatile C-14 zoning.
      1521 Cooper Street, Missoula, MT 59802
      View Details
    • $1,050,000

      Prime Hip Strip Commercial Building

      4,200 sq ft commercial building in Missoula's Hip Strip.
      817 S Higgins Avenue, Missoula, MT 59801
      View Details
    • $175,000

      Established Gyro Shop Business Opportunity

      Profitable gyro shop business for sale in Missoula, Montana.
      117 West South Avenue, Missoula, MT 59801
      View Details
    • $350,000

      Flex Office Warehouse For Sale

      Centrally located flex office warehouse with storage and front office.
      100 North Avenue W, Missoula, MT 59801
      View Details
    • $825,000

      Professional Office Building For Sale

      Professional office building with excellent visibility and flexible space.
      1923 Higgins Avenue, Missoula, MT 59801
      View Details
    • $3,300,000

      Downtown Missoula Bar and Restaurant

      Two established hospitality businesses with liquor and gaming licenses.
      119 & 127 W Alder Street, Missoula, MT 59802
      View Details
    • $680,000

      South Hills Duplex Investment Opportunity

      Duplex in Missoula's South Hills with strong rental potential.
      123 Grandview Way, Missoula, MT 59803
      View Details
    • $599,000

      Missoula Urban Residential Development Opportunity

      Prime Missoula land for high-density residential development.
      3200 Clark Street, Missoula, MT 59801
      View Details
    • $525,000

      Prime Commercial Land in Missoula

      Commercial land with high visibility and development potential.
      2400 River Road, Missoula, MT 59801
      View Details
    • $350,000

      South Hills Homesite Opportunity

      0.432-acre homesite with unobstructed mountain views in Missoula.
      6222 Hillview Way, Missoula, MT 59803
      View Details
    • $1,380,000

      Modern Triplex in Missoula, MT

      New construction triplex with high-end finishes and strong rental appeal.
      2750 Riata Road, Missoula, MT 59808
      View Details
    • $1,190,000

      Missoula Commercial Land For Sale

      One acre commercial land parcel in Missoula's B3-2 zoning district.
      970 S Reserve Street, Missoula, MT 59801
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with approved plans for a 6-plex in Missoula.
    Where is this residential land & home lot located?
    The property is located at 1019 Stoddard Street Missoula, MT.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: Approved plans and permits ready for a 6‑plex development.; Shovel‑ready infill development opportunity.; Existing 2 bed, 1+ bath home provides rental income to offset holding costs.
    (406) 529-8436
    We can help!
    Listing Contact
    Megan Robson
    Real Estate License ID: RRE-BRO-LIC-108735
    Learn More
    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.
    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

    1019 Stoddard Street, Missoula, MT 59802

    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!