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    1100 South Ave Missoula, MT 59801

    Sponsored
    For Sale
    $3,130,000

    10,276 SF Office, 7% Cap Rate

    Property size:
    10,276 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 10,276 square foot, single-story Class B office building in Missoula, Montana, is available for sale at $3,130,000 ($304.59/SF). Located at 1100 South Ave W, this property boasts a 7.00% cap rate and is currently 100% occupied under a Net Lease with a credit-rated tenant. The lease, commencing April 17, 2017, and expiring March 31, 2027, includes one five-year renewal option. Built in 1966 and extensively renovated in 2021, the building features 13 parking spaces and a modern design with ample natural light. Recent improvements include new carpeting, an updated HVAC system, and two secure vaults with zone-controlled HVAC. The property is zoned C1-1 TIF District and offers a versatile layout suitable for various office uses, including medical and traditional office spaces. This owner-occupied opportunity presents a strong investment with a central location across from the Butterfly House and county fairgrounds.

    Property Features for 1100 South Ave

    General Information

    Property type
    Medical offices
    Square Feet
    10,276 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1966/2021
    Buildings
    1
    Stories
    1

    HighLights

    • Recently renovated.
    • High‑capacity HVAC system.
    • Prime location.
    • Ample surface parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -114.0151924
    Latitude
    46.8491524

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    FAQs

    What type of property is this?
    Medical office - 10,276 SF Office, 7% Cap Rate
    Where is this medical office located?
    The property is located at 1100 South Ave Missoula, MT.
    What is the asking price?
    The asking price for this property is $3,130,000.
    What are key features of this property?
    This property features: Recently renovated.; High-capacity HVAC system.; Prime location.
    Request Owner's contact information
    1100 South Ave Missoula, MT 59801
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    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
    1100 South Ave Missoula, MT 59801
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