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    819 S Higgins Ave, Unit Missoula Missoula, MT 59801

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    8,400 SF retail building on South Higgins Ave, Missoula.

    Property size:
    8 SF

    Property Features for 819 S Higgins Ave

    General Information

    Size
    8 SF

    Building Details

    Year built
    1905

    Source: PureWest Real Estate Agent PureWest Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Investment Opportunity on Hip Strip

    This 8,400-square-foot retail building is located on South Higgins Avenue/US Highway 12 in Missoula. The property is 100% NNN leased and features a tenant mix. The location benefits from a daily traffic count of 19,500 and is situated blocks from the University of Montana campus, Downtown Missoula, and residential properties. Recent capital improvements include a new roof, commercial-grade garage door, awning replacements, BTU heater installation, and a paved and striped parking lot with security-grade LED lighting. The building includes over 8,000 square feet of unfinished mezzanine attic space with usable ceiling height, providing potential for expansion or storage. The property has a projected cap rate just above 6% by January 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Electronic Sound & Percussion Musical Instrument Store Tom Cats Musician Lulu's Permanent Jewelry ... Boutique Guitarborist Musician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.9976957
    Latitude
    46.8634549

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    FAQs

    What type of property is this?
    NNN property - 8,400 SF retail building on South Higgins Ave, Missoula.
    Where is this nnn property located?
    The property is located at 819 S Higgins Ave, Unit Missoula Missoula, MT.
    What are key features of this property?
    This property features: - 100% NNN Leased with Exceptional Tenant Mix; - Prime Location on South Higgins Ave/US Highway 12 ('Hip Strip') with High Visibility (19,500 Daily Traffic Count); - Projected Cap Rate Above 6% by January 2025
    (406) 885-6987
    Request Owner's contact information
    819 S Higgins Ave, Unit Missoula Missoula, MT 59801
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    Realmo Value Estimation

    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.

    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.

    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
    819 S Higgins Ave, Unit Missoula Missoula, MT 59801
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