New search
Property profile & analytics
OFF-MARKET
Distribution centers
111 Spruce St, Missoula, MT 59802-4503
Individually Owned
7-yr Hold
Property ID
US52-0061119
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1914
Construction
WOOD
Total area
18,688 SF
Lot
0.45 ac (19,515 SF)
Zoning code
6
APN
04-2200-22-2-39-05-0000
UPID
US52-0061119
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Missoula Textile Services (Bike/Boat/Book/etc) Store
-
Belmont Hotel Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Missoula Laundry & Dry Cleaner · 7 yrs held
Missoula Laundry & Dry Cleaner
since 2018
7 recorded transactions
Zoning & alternative use
6 · Missoula, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Missoula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Missoula submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$34,787
Tax year 2024
Assessed value
$1,794,695
Assessed 2024
Previous assessed
$1,794,695
+0.0% YoY
Effective rate
1.94%
On assessed value
Land market value
$878,475
Improvement market value
$916,220
Total market value
$1,794,695
Applied tax rate
583.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1914
Construction
WOOD
Heating
SPACE
Cooling
CENTRAL
Stories
1
Units
1
Total area
18,688 SF
Lot
0.45 ac (19,515 SF)
Zoning code
6
APN
04-2200-22-2-39-05-0000
UPID
US52-0061119
Jurisdiction
MISSOULA
Zoning & alternative use
6 · Missoula, MT
Zoning 6 · permitted uses
6 · Missoula, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Missoula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1914
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Missoula Laundry & Dry Cleaner
Individual
Mailing address
111 E SPRUCE ST, MISSOULA, MT 59802-4503
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2018
—
Missoula Laundry & Dry Cleaner
—
Deed
related
—
Jun 23, 2017
—
Missoula Laundry & Dry Cleaner
—
Deed
related
—
Jun 22, 2016
—
Missoula Laundry & Dry Cleaner
—
Deed
related
—
Jun 14, 2007
—
Missoula Laundry & Dry Cleaner
—
Grant Deed
related
$1,100,000 · First Interstate Bk/tx
—
—
Missoula Laundry & Dry Cleaner
—
Loan Modification
related
—
—
—
Missoula Laundry & Dry Cleaner
—
Loan Modification
related
—
—
—
Missoula Laundry & Dry Cleaner
—
Loan Modification
related
—
—
—
Missoula Laundry
—
Deed Of Trust
related
$1,100,000 · First Interstate Bank
—
—
Missoula Laundry
—
Loan Modification
related
—
—
—
Missoula Laundry & Dry Cleaner
—
Loan Modification
related
—
—
—
Missoula Laundry & Dry Cleaner
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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