Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    17014 Old Hwy 93 Lolo, MT 59833

    Sponsored
    For Sale
    $400,000

    2.03 Acres, High Visibility, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    This exceptional 2.03-acre commercial land parcel presents a unique opportunity for development in Florence, Montana. Strategically situated between Highway 93 and Old Highway 93, this high-traffic location ensures maximum visibility for your business. The property boasts convenient access and is ready for immediate development. Existing infrastructure includes DEQ septic approval and readily available power, streamlining the building process. The lot's size offers ample space for a variety of commercial ventures, from retail establishments to light industrial uses. Its prime location in the thriving community of Florence, just south of Lolo, provides easy access to a growing customer base and regional transportation networks. This property is an ideal investment for entrepreneurs seeking a high-visibility location with established infrastructure. An adjoining parcel at 17010 Hwy 93 is also available for purchase, offering the potential for expansion or a larger development project. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Montana location. The asking price is $400,000.

    Property Features for 17014 Old Hwy 93

    General Information

    Property type
    Land
    Lot Size
    88,427 SF

    We can help!

    Listing Contact
    Andrew Schwartz

    Learn more

    HighLights

    • $400,000 asking price.
    • 2.03‑acre commercial land parcel.
    • Located in Florence, Montana, at 17014 Old Hwy 93, Missoula County, zip code 59833.
    • High‑traffic location, visible from Highway 93.
    • DEQ septic approval and power available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lolo
    County
    Missoula
    State
    Montana
    Longitude
    -114.0772781
    Latitude
    46.7096586

    Nearby Comparable

    • $750,000
      2.88 Acres

      Prime Commercial Land in Florence, MT

      2.88 Acres, Paved, Ready to Build
      17010 Old Hwy 93, Lolo, MT 59833
      View Details
    • $4,135,000
      196.88 Acres

      Productive Farmland in Bitterroot Valley

      196.88 acres of irrigated farmland with development potential.
      Homestead Vlg, Florence, MT 59833
      View Details
    • $749,000
      13.00 Acres

      Highway Frontage Commercial Land

      13 acre commercial land with highway frontage in Florence, MT.
      Homestead Gtwy, Florence, MT 59833
      View Details
    • $975,000
      8.08 Acres

      Florence, MT Commercial Land

      8.08 acre commercial land with high visibility and easy access.
      5800 Rowan St, Florence, MT 59833
      View Details
    • $895,000
      10.01 Acres

      Montana Equestrian Estate

      10-Acre Horse Property, Stunning Views
      5228 Gardner Ln, Florence, MT 59833
      View Details
    • $895,000
      10.01 Acres

      Montana Equestrian Estate

      10-Acre Horse Farm, $895,000
      5228 Gardner Ln, Florence, MT 59833
      View Details
    • $895,000
      7,056 SF

      Exceptional Equestrian Estate in Florence, MT

      10-Acre Horse Property w/ Arenas & Barn
      5228 Gardner Ln, Florence, MT 59833
      View Details
    • $849,000
      7 SF

      Equestrian Property with Indoor Arena

      10-acre equestrian property featuring indoor arena and mountain views.
      5228 Gardner Ln, Florence, MT 59833
      View Details
    • $2,620,000
      137.90 Acres

      Productive Farmland in Bitterroot Valley

      137.9 acres of irrigated farmland near Missoula, Montana.
      Homestead Pastures, Florence, MT 59833
      View Details
    • $2,722,000
      136.07 Acres

      Montana Land with Pastureland

      136-acre property with irrigated pastureland and mature pines.
      Willow Highlands, Florence, MT 59833
      View Details

    Nearby Similar for Sale

    • New
      $2,800,000
      218.40 Acres

      Productive Ranch Along Bitterroot River

      218-acre working ranch with Bitterroot River frontage near Lolo.
      9430 Us Highway 93 S, Lolo, MT 59847
      View Details
    • New
      $2,800,000
      218.40 Acres

      Productive Ranch with Bitterroot River Frontage

      218-acre ranch with 7/8 mile Bitterroot River frontage near Lolo.
      9430 Hwy 93 S, Lolo, MT 59847
      View Details
    • $900,000
      0.27 Acres

      Lolo Multifamily Property with Expansion Potential

      Versatile multifamily property in Lolo, MT with expansion potential.
      117 Tyler Way, Lolo, MT 59847
      View Details
    • $3,750,000

      Lolo Creekfront Campground and Event Center

      Multi-parcel property with campground, event center, and creekfront home.
      9955 Highway 12 W Lolo, Lolo, MT 59847
      View Details
    • $550,000
      3 SF

      Lolo Retail Space For Sale

      3,340 SF white shell space with highway frontage and parking.
      11300 Us Highway 93 S U Lolo, Lolo, MT 59847
      View Details
    • $1,850,000
      4,612 SF

      Lolo, MT Commercial Investment Opportunity

      High-traffic location, two established tenants.
      11400 Hwy 93, Lolo, MT 59847
      View Details
    • $1,500,000
      3,920 SF

      Montana Rustic Saloon & Venue

      Historic Saloon, 25 Acres, Huge Potential
      7000 Graves Creek Rd, Lolo, MT 59847
      View Details
    • $1,970,000

      Lolo, MT Mixed-Use Investment

      Prime Commercial Property, Two Tenants
      11400 Us Highway 93, Lolo, MT 59847
      View Details
    • $1,025,000
      1.21 Acres

      Lolo, MT Warehouse Investment Opportunity

      Mixed-use warehouse, 4000+ sq ft, 1.21 acres
      9809 Valley Grove Dr, Lolo, MT 59847
      View Details

    FAQs

    What type of property is this?
    Land - 2.03 Acres, High Visibility, Ready to Build
    Where is this land located?
    The property is located at 17014 Old Hwy 93 Lolo, MT.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price.; 2.03-acre commercial land parcel.; Located in Florence, Montana, at 17014 Old Hwy 93, Missoula County, zip code 59833.
    Request Owner's contact information
    17014 Old Hwy 93 Lolo, MT 59833
    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.
    17014 Old Hwy 93
    Lolo, MT 59833
    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
    17014 Old Hwy 93 Lolo, MT 59833
    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

    We can help!
    Listing Contact
    Andrew Schwartz
    Real Estate License ID: RRE-RBS-LIC-15284
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.