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    2400 Riv Rd Cor Of Reserve St Missoula, MT 59801

    For Sale
    $699,900

    High-traffic corner lot, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.608-acre commercial land parcel in Missoula, Montana, presents a unique investment opportunity. Located at the corner of Reserve Street and River Road (2400 River Road), this property boasts approximately 400 feet of Reserve Street frontage, experiencing high daily traffic volume estimated at 40,000 cars. The B3-2 zoning allows for diverse development possibilities, including commercial ventures or a mixed-use project combining commercial space with residential units. This strategic location ensures maximum visibility for any business. A significant advantage is the absence of setbacks from any property border, as confirmed by the City of Missoula, maximizing development potential. The property is situated in Missoula County, Montana, with a zip code of 59801. Buyers are responsible for verifying all information provided. While information is deemed reliable, it is not guaranteed.

    Property Features for 2400 Riv Rd Cor Of Reserve St

    General Information

    Property type
    Land
    Lot Size
    26,484 SF

    HighLights

    • 0.608‑acre commercial land parcel in Missoula, MT.
    • High‑traffic corner lot at Reserve Street and River Road (2400 River Road) with approximately 400 feet of Reserve Street frontage and an estimated 40,000 cars daily.
    • B3‑2 zoning allows for diverse commercial and mixed‑use development.
    • Zero setbacks maximize buildable area.
    • Located in Missoula County, MT, zip code 59801.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0378417
    Latitude
    46.875992

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, development potential.
    Where is this land located?
    The property is located at 2400 Riv Rd Cor Of Reserve St Missoula, MT.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: 0.608-acre commercial land parcel in Missoula, MT.; High-traffic corner lot at Reserve Street and River Road (2400 River Road) with approximately 400 feet of Reserve Street frontage and an estimated 40,000 cars daily.; B3-2 zoning allows for diverse commercial and mixed-use development.
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    2400 Riv Rd Cor Of Reserve 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
    2400 Riv Rd Cor Of Reserve St Missoula, MT 59801
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