Add Listing
    For Sale
    • 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

    Horsetail Lane lot 103 Missoula, MT 59808

    View on Map
    For Sale
    $140,000

    LAND - Missoula, MT

    Lot size:
    0.15 Acres
    Added:
    Nov 11, 2025
    Days on Market:
    141
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for Horsetail Lane lot 103

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04219913210230000
    Lot size
    0.15 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    HERONS LANDING PH W1, S13, T13 N, R20 W, Lot 103, 6660 SQUARE FEET
    TaxAnnualAmount
    1125

    We can help!

    Listing Contact
    Rebecca Donnelly
    Rebecca Donnelly

    Listing agent Rebecca Donnelly License #RRE-BRO-LIC-14883

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

    Listing date Nov 11, 2025

    MLS# 30060432

    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

    Residential Land in Missoula Valley

    Multiple lots are available within a 72-acre, 347-lot master-planned community. The community showcases mountain modern architecture, blending contemporary design with the area's natural beauty. The location is minutes from the airport, schools, restaurants, trails, and river access. Thoughtfully designed home plans are included with lot sales, and buyers can also bring their own ideas. The neighborhood includes landscaped parks, playgrounds, and scenic trails. The available lots are suitable for families, builders, or investors. The lot size is approximately 0.153 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0721348
    Latitude
    46.8895191

    Nearby Similar for Sale

    • $649,000

      Versatile Mixed-Use Commercial Property

      Prime Missoula commercial property with versatile C-14 zoning.
      1521 Cooper Street, Missoula, MT 59802
      View Details
    • $1,295,000

      Iconic Commercial Building with Parking

      Versatile commercial building with ample parking in Missoula, Montana.
      2036 Mullan Road, Missoula, MT 59808
      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
    • $665,000

      Missoula Multi-Unit Development Opportunity

      Five-lot property with two duplexes, ideal for development.
      2307 Burlington Avenue, Missoula, MT 59801
      View Details
    • $625,000

      Missoula Residential Development Opportunity

      Prime land for high-density residential development in Missoula's urban core.
      3200 Clark Street, Missoula, MT 59801
      View Details
    • $1,380,000

      New Triplex in Missoula, MT

      Investor-ready triplex with three townhome units in Missoula, Montana.
      2750 Riata Road unit: A, B, C, 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
    • $1,300,000

      Missoula Commercial Warehouse with Fencing

      Commercial warehouse on 1.03 acres with new fencing and asphalt.
      9330 Futurity Drive, Missoula, MT 59808
      View Details
    • $625,000

      Missoula Land Development Opportunity

      Prime residential development land in Missoula's urban core.
      3200 Clark Street, Missoula, MT 59801
      View Details
    • $515,000

      Ready-to-Build Land with Mountain Views

      5-acre property with well, electricity, and home plans included.
      10570 Horseback Ridge Road, Missoula, MT 59804
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lots in master-planned community near Missoula's amenities.
    Where is this residential land & home lot located?
    The property is located at Horsetail Lane lot 103 Missoula, MT.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Prime location in the Missoula Valley: close to airport, schools, restaurants, trails, and river access.; Part of Heron's Landing, a 72‑acre master‑planned community with mountain modern architecture.; Option to use included home plans or design a custom home.
    (406) 546-0067
    We can help!
    Listing Contact
    Rebecca Donnelly
    Rebecca Donnelly
    Real Estate License ID: RRE-BRO-LIC-14883
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!