Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bunchgrass Ln Missoula, MT 59808

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Bunchgrass Ln

    Property type
    Land

    Description

    This exceptional 11,100 square foot, two-story office building, constructed in 2025, presents a unique opportunity in Portage, Michigan. Located on Centre Avenue, this property offers multiple tenancy options, with a minimum divisible space of 2,491 square feet and the potential to lease the entire 11,100 square feet contiguously. The building features up to four suites, each approximately 2,500 square feet, providing flexibility for businesses of various sizes. Tenants can customize their space, as the building will be delivered in gray shell condition. A key advantage for businesses requiring convenient client access is the potential for a pick-up window on the first floor. The OS-1 zoning ensures a wide range of permitted uses. Ample on-site parking is available, providing convenient access for employees and clients. This build-to-suit opportunity allows businesses to secure their ideal workspace in a prime Portage location. Seven spaces are currently available, ranging from 2,491 to 11,100 square feet. Don't miss this chance to establish your business in this modern and well-located building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.184
    Latitude
    46.9978

    Comparable in this City

    • Value Estimation by Request
      44.75 Acres

      Trl B Dougherty Dr

      Multifamily properties • 44.75 Acres
      0 Trl B Dougherty Dr, Missoula, MT 59808
      View Details
    • Value Estimation by Request
      1.23 Acres

      58 Bunchgrass Ln

      Land • 1.23 Acres
      58 Bunchgrass Ln, Missoula, MT 59808
      View Details
    • Value Estimation by Request

      427 Horn Rd

      Land
      427 Horn Rd, Missoula, MT 59808
      View Details
    • Value Estimation by Request

      256 Horn Rd

      Land
      256 Horn Rd, Missoula, MT 59808
      View Details
    • Value Estimation by Request

      10370 Sweet Pea Way

      Land
      10370 Sweet Pea Way, Missoula, MT 59808
      View Details
    • Value Estimation by Request
      0.58 Acres

      7182 Moon Dancer Clstr

      Land • 0.58 Acres
      7182 Moon Dancer Clstr, Missoula, MT 59808
      View Details

    Similar Nearby for Sale

    • $450,000
      0.58 Acres

      Missoula Land: Build Your Dream Home

      Secluded Montana acreage, gated community.
      7182 Moon Dancer Clstr, Missoula, MT 59808
      View Details
    • $199,900

      Missoula Land: Build Your Dream Home

      Two-acre lot, stunning views, city convenience.
      0 Nhn O'keefe Crk Blvd, Missoula, MT 59808
      View Details
    • $195,000
      1.02 Acres

      Montana Dream Home Lot

      1.02-acre residential lot in Missoula.
      93 Bunchgrass Ln, Missoula, MT 59808
      View Details
    • $8,000,000
      44.75 Acres

      Missoula Development Land

      Prime 44.75-acre tract, 614 units approved.
      0 Veterans Way, Missoula, MT 59808
      View Details
    • $699,000

      Missoula Multifamily Investment Opportunity

      Three-parcel development, high potential.
      2601 2609, Missoula, MT 59808
      View Details
    • $3,465,000
      33.00 Acres

      Missoula Residential Land Tract

      33 Acres, Prime Development Opportunity
      0 Trl A Remainder England Blvd, Missoula, MT 59808
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,824 SF

      Grant Creek Towne Center Retail Space

      Prime Missoula retail space: lease inline shops or land.
      3275 Reserve St, Missoula, MT 59808
      View Details
    • Contact for pricing
      838,966 SF

      Missoula Commercial Land Opportunity

      19 Acres, Build-to-Suit Potential
      2400 Michael Rd, Missoula, MT 59808
      View Details
    • Contact for pricing
      6,700 SF

      Prime Retail Space Available

      Retail spaces with high traffic exposure on N. Reserve Street.
      3710 N Reserve St, Missoula, MT 59808
      View Details
    • $2,500 /Mo
      101,495 SF

      Unimproved Land Lease in Missoula

      Commercial land lease available near N Reserve in Missoula, MT.
      401 Expressway, Missoula, MT 59808
      View Details
    • $0.17 SF/Yr
      1,879 SF

      Mullan Crossing Office Condo

      Missoula Office: Move-in Ready
      3760 Mullan Rd, Missoula, MT 59808
      View Details
    • $0.14 SF/Yr
      2,255 SF

      Mullan Crossing Office Condo

      Prime Office Space, Ready to Occupy
      3760 Mullan Rd, Missoula, MT 59808
      View Details
    Request Owner's contact information
    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.
    Bunchgrass Ln
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.