1114 Cedar St, Missoula, MT 59802-3911
This exceptional 12,023 square foot property, situated on four lots at 1114 Cedar Street in Missoula, Montana, presents a compelling investment opportunity for developers. The property boasts a highly desirable C1-4 (Neighborhood Commercial Zoning District) designation, unlocking a wide array of development possibilities. Envision a mixed-use building, a single residential structure, or various commercial ventures – the zoning allows for significant flexibility. Currently, the site includes an older barber shop, a barn, and a triplex requiring renovation to reach full operational capacity. The total land area encompasses 0.28 acres. The property's prime location offers excellent connectivity, providing easy access to Interstate 90, Highway 93, and Missoula International Airport. Its central location near downtown Missoula is a key advantage, with similar properties becoming increasingly scarce. The absence of a homeowners association (HOA) or restrictive covenants further enhances the development potential. Note that the adjacent 9000+ square foot building at 1120 Cedar Street is also available for purchase. This presents a unique chance to acquire a substantial contiguous parcel for a large-scale development project. The seller is motivated, and offers are encouraged. The existing structures on the property total 2,899 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
5 · Missoula, MTMissoula. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.