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    1815 8Th St Missoula, MT 59801

    For Sale
    $150,000

    Prime Missoula lot, RM1-45 zoning, duplex plans approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional investment opportunity awaits with this 3,065 square foot commercial land parcel located at 1815 S 8th Street W in Missoula, Montana, zip code 59801. Priced at $150,000, this level lot presents a rare chance to acquire a vacant property in a thriving Missoula neighborhood. The property is zoned RM1-45 and already has approved plans in place for a duplex, streamlining the development process. This prime location offers unparalleled convenience, with close proximity to downtown Missoula, the University of Montana, various parks, schools, and an array of shopping options. The property's central location within Missoula ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. This is a unique opportunity to capitalize on Missoula's robust real estate market and build a profitable investment. The lot's size and zoning make it particularly attractive for developers seeking to create a multi-unit residential property in a high-demand area. Don't miss this chance to secure a piece of Missoula's vibrant commercial landscape.

    Property Features for 1815 8Th St

    General Information

    Property type
    Land

    HighLights

    • 3,065 square foot commercial lot in Missoula, MT.
    • Priced at $150,000.
    • RM1‑45 zoning with approved duplex plans.
    • Prime location near downtown, University of Montana, parks, schools, and shopping.
    • High visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.024781
    Latitude
    46.8622316

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    FAQs

    What type of property is this?
    Land - Prime Missoula lot, RM1-45 zoning, duplex plans approved.
    Where is this land located?
    The property is located at 1815 8Th St Missoula, MT.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 3,065 square foot commercial lot in Missoula, MT.; Priced at $150,000.; RM1-45 zoning with approved duplex plans.
    Request Owner's contact information
    1815 8Th St 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
    1815 8Th St Missoula, MT 59801
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