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    6200 Lolo Lolo Hot Springs, MT 59847

    • Apartment buildings
    For Sale
    View listing
    $225,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 6200 Lolo

    Year built
    2014
    Property type
    Apartment buildings

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lolo Hot Springs
    County
    Missoula
    State
    Montana
    Longitude
    -114.5
    Latitude
    46.7193

    Comparable in this City

    • Value Estimation by Request
      7,128 SF

      6417 Dylan Dr

      GARDEN APT, COURT APT (5+ UNITS) • 7,128 SF
      6417 Dylan Dr, Lolo, MT 59847-8558
      View Details
    • Value Estimation by Request
      10,452 SF

      5470 Farm Ln

      GARDEN APT, COURT APT (5+ UNITS) • 10,452 SF
      5470 Farm Ln, Lolo, MT 59847-9793
      View Details
    • Value Estimation by Request
      8,280 SF

      101 Ridgeway Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8,280 SF
      101 Ridgeway Dr, Lolo, MT 59847-9609
      View Details
    • Value Estimation by Request
      21,920 SF

      11939 Lolo Vis Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,920 SF
      11939 Lolo Vis Dr, Lolo, MT 59847-9369
      View Details
    • Value Estimation by Request
      4,692 SF

      122 Tyler Way

      GARDEN APT, COURT APT (5+ UNITS) • 4,692 SF
      122 Tyler Way, Lolo, MT 59847-9778
      View Details
    • Value Estimation by Request
      7,584 SF

      10990 Hannah Ct

      GARDEN APT, COURT APT (5+ UNITS) • 7,584 SF
      10990 Hannah Ct, Lolo, MT 59847-4503
      View Details

    Similar Nearby for Sale

    • $225,000

      Lolo Hot Springs Condo Investment

      Two-unit apartment building, prime location.
      6200 Lolo, Lolo Hot Springs, 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
    • $499,900
      3.07 Acres

      Prime Lolo Hot Springs Land

      3.07 Acres, Hwy 93 Frontage, Creek Access
      12515 Us Hwy 93, Lolo Hot Springs, 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
    • $3,295,000
      0.71 Acres

      Lolo Brewery & Restaurant

      Montana Craft Brewery & Restaurant for Sale
      6201 Brewery Way, Lolo Hot Springs, MT 59847
      View Details
    • $399,620
      5.14 Acres

      Prime Commercial Land, Lolo MT

      5.14 Acres, Hwy 93 Frontage
      0 Lolo, Lolo Hot Springs, MT 59847
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      6,952 SF

      Lolo Office Space for Lease

      Montana Highway 93 Office Building
      16366 Old Hwy 93, Lolo Hot Springs, MT 59847
      View Details
    • $11 SF/Yr
      29,870 SF

      Highway 93 Accessible Warehouse Space

      Warehouse space near Highway 93 with dock-high and grade-level doors.
      6418 Mormon Creek Rd, Lolo, MT 59847
      View Details
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    6200 Lolo
    Lolo Hot Springs, MT 59847
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    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
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