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    2115 3Rd St Missoula, MT 59801

    Sponsored
    For Sale
    $1,475,000

    High-Yield Storage & Rental Property in Missoula, MT

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use investment property, located at 2115 S 3rd Street W in Missoula, Montana, presents a rare opportunity to acquire a high-performing asset in a thriving market. The property, built in 1992, sits on a 0.34-acre lot and is zoned C1-4, offering significant potential for future expansion and development. Currently, the property boasts 67 self-storage units and three additional rental units, generating substantial passive income. The low-maintenance nature of the operation ensures a high return on investment. Situated in the heart of Missoula, this property benefits from its proximity to a wealth of local amenities, including shopping, dining, and entertainment options, ensuring consistent tenant demand. The strong rental history and proven income generation make this a compelling investment for both seasoned and novice investors. The C1-4 zoning allows for the possibility of adding more multi-family units or expanding the existing storage facilities, further enhancing the property's value and income potential. This is a turnkey operation ready for immediate income generation with significant upside potential. The asking price is $1,475,000. Don't miss this chance to own a piece of Missoula's vibrant real estate market.

    Property Features for 2115 3Rd St

    General Information

    Property type
    Self storage facilities
    Square Feet
    1 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1992
    Units
    67

    HighLights

    • $1,475,000 asking price.
    • Mixed‑use property with self‑storage units.
    • 67 units total, including 3 residential rentals.
    • 1992 construction.
    • 0.34‑acre lot.
    • C1‑4 zoning, allowing for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    -114.0304579
    Latitude
    46.8666193

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    FAQs

    What type of property is this?
    Self storage facility - High-Yield Storage & Rental Property in Missoula, MT
    Where is this self storage facility located?
    The property is located at 2115 3Rd St Missoula, MT.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: $1,475,000 asking price.; Mixed-use property with self-storage units.; 67 units total, including 3 residential rentals.
    Request Owner's contact information
    2115 3Rd St 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
    2115 3Rd St Missoula, MT 59801
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