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

    H10-H12 Deveraux Pl Missoula, MT 59808

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three buildable lots, prime location.

    Property Features for H10-H12 Deveraux Pl

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Jeremy Williams
    Jeremy Williams

    Listing Agent: Jeremy Williams

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

    Learn more

    Overview

    This exceptional offering presents three contiguous residential lots, totaling 5,904 square feet, ideally situated in Missoula, Montana, at Lots H10-H12 Deveraux Place, zip code 59808. These lots are part of a final plat and are ready for immediate development, perfect for constructing three triplex-style townhomes. The combined lot size provides ample space for a substantial project. Buyers must purchase all three lots as a single unit. This desirable location offers convenient access to key amenities, including the Missoula International Airport, the North Reserve area, and Interstate 90, ensuring easy commutes and convenient access to various services. The property's location provides a strong foundation for a successful development project, given its proximity to established infrastructure and desirable neighborhood characteristics. The asking price for this exceptional opportunity is $239,000. This represents a significant opportunity for developers seeking to capitalize on the growing demand for residential properties in Missoula. The opportunity to acquire six lots (by combining this offering with MLS 30019996) may also be available. Interested parties are encouraged to act swiftly to secure this prime development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Gym & Fitness Center Accounting Firm Skin Care Clinic Pharmacy Building Supply Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0561191
    Latitude
    46.9146242

    Nearby Similar for Sale

    • New
      $350,000
      2,160 SF

      Flex Office Warehouse For Sale

      Centrally located flex office warehouse with storage and front office.
      100 North Ave W, Missoula, MT 59801
      View Details
    • New
      $825,000
      0.13 Acres

      Professional Office Building For Sale

      Professional office building with excellent visibility and flexible space.
      1923 Higgins Ave, Missoula, MT 59801
      View Details
    • New
      $2,795,000
      15,300 SF

      Missoula Redevelopment Opportunity

      4.62 acre parcel near Reserve Street with functional buildings.
      3020 South Ave W, Missoula, MT 59804
      View Details
    • $6,990,000
      64.38 Acres

      Restaurant and Golf Course Opportunity

      Missoula restaurant and golf course on almost 65 acres.
      102 Ben Hogan Dr, Missoula, MT 59803
      View Details
    • New
      $1,495,000
      0.68 Acres

      Iconic Commercial Building with Parking

      Versatile commercial building with ample parking and owner financing.
      2036 Mullan Rd, Missoula, MT 59808
      View Details
    • $749,900
      1,796 SF

      High-Traffic Commercial Building in Missoula

      Remodeled 1,796 sq ft commercial building on 0.28 acres.
      2401 Brks St, Missoula, MT 59801
      View Details
    • $699,000
      2,200 SF

      Southside Multifamily Investment Opportunity

      Multifamily property with three units in desirable southside neighborhood.
      3821 Dore Ln, Missoula, MT 59801
      View Details
    • $1,000,000
      1.36 Acres

      Land Parcel Near University of Montana

      1.36 acre parcel with rental houses near University of Montana.
      921 E Beckwith Ave, Missoula, MT 59801
      View Details
    • $1,300,000
      1.03 Acres

      Missoula Commercial Warehouse with Fencing

      Commercial warehouse on 1.03 acres with new fencing and asphalt.
      9330 Futurity Dr, Missoula, MT 59808
      View Details
    • $895,000
      1.84 Acres

      Assisted Living Business Opportunity

      Established assisted living business with real estate purchase options.
      3000 St Thomas Dr, Missoula, MT 59803
      View Details
    • New
      $665,000
      0.37 Acres

      Missoula Multifamily Investment Opportunity

      Five-lot property with two duplexes in central Missoula.
      2307 Burlington Ave, Missoula, MT 59801
      View Details
    • $319,500
      0.20 Acres

      Remodeled Condo Unit with Garage

      Recently remodeled condo unit with garage and storage shed.
      3609 Paxson St, Missoula, MT 59801
      View Details

    FAQs

    What type of property is this?
    Land - Three buildable lots, prime location.
    Where is this land located?
    The property is located at H10-H12 Deveraux Pl Missoula, MT.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: $239,000 asking price.; 5,904 sq ft residential land lot.; Three triplex-style townhome lots, ready for construction.
    (406) 926-6767 Call to check price and availability
    Request Owner's contact information
    H10-H12 Deveraux Pl Missoula, MT 59808
    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.
    H10-H12 Deveraux Pl
    Missoula, MT 59808
    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
    H10-H12 Deveraux Pl Missoula, MT 59808
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeremy Williams
    Jeremy Williams
    Real Estate License ID: RRE-BRO-LIC-72076
    (406) 926-6767
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!