12900 US Hwy 93 S, Lolo, MT 59847
For Sale
$1,200,000
ResidentialIncome, Lolo, MT
Property Size6,209 SF
Lot Size10.26 Acres
Price / SF$193.27
Days on Market267
Property Features for 12900 US Hwy 93 S
General Information
Property type
Property subtype
Zoning description
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Number of units
Listing Agency:
Engel & Volkers Western Frontier - Missoula · Engel & Völkers
(406) 926-3322
Listed By:
Warren Altounian · License MT RRE-RBS-LIC-81433
(406) 550-2065
Added: Feb 17
Changed: Nov 9
Last Checked: Nov 10 at 4:06AM
MLS# 30080809
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.
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,282
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,640
$1.3M
Cap Rate 7%
$946,886
$946.9K
Cap Rate 9%
$736,467
$736.5K
Market Conditions
NOI Build-Up for 6,209 SF
Gross rent
$131.1K $21.12/SF
− Vacancy
−$10.6K −$1.71/SF
EGI
$120.5K $19.41/SF
− OpEx
−$54.2K −$8.73/SF
NOI
$66.3K $10.68/SF
Area
Missoula County, MT
Vacancy
8.10%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,640
Cap Rate 7%
$946,886
Cap Rate 9%
$736,467
Alternative Uses
Best Use
Apartment 5plus
$946.9K
$828.5K – $1.10M
NOI $66,282 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.79M
$1.57M – $2.09M
NOI $125,313 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
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Business Placement
Demographics for 59847, MT
6,112
Population
2,781
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
96%
High-School Grad
301.2 sq mi
ZIP Area
20
Density / Sq Mi
$75,710
Median Household Income
$41,799
Median Earnings
$1,172
Median Rent
$366,500
Median Home Value
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Market
Properties on Market for Commercial land in Missoula County
Frequently Asked Questions
Where is this commercial land located?
The property is located at 12900 US Hwy 93 S Lolo, MT.
What is the asking price?
The asking price for this property is $1,200,000.
