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Property summary
This exceptional three-story, 31,179 square foot Class B office building, located at 127 N Higgins Ave in Missoula, Montana, offers a unique opportunity for businesses seeking a prestigious downtown address. Built in 1915 and extensively renovated in 2022, the building boasts 30 suites ranging in size from approximately 300 to 1,952 square feet, providing flexibility for various business needs. The building features a striking circular design centered around a sky-lit atrium, offering… abundant natural light to interior-facing suites. Currently, 2,882 square feet of space is available for lease. Common area improvements are underway, including HVAC upgrades, new flooring, paint, lighting, and ADA compliance enhancements. The building's central location, between Main and Front Streets, places it adjacent to the Florence Building and across from the Merc, offering excellent visibility and accessibility. While on-site parking is not available, leasing options include both full-service and NNN lease structures. The building is zoned CBD-4. The property's unique character, combined with modern amenities and a prime downtown location, makes it an ideal space for innovative and established businesses alike. Matterport virtual tours are available for the second and third floors to view available suites. Further information regarding downtown leasing parking can be found at the provided city link. The APN is 04-2200-22-2-19-04-0000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 22,544 SF
- Lot area
- 0.2 ac
- Year built
- 1915
- Stories
- 3
- APN
- 04-2200-22-2-19-04-0000
- Zoning
- 6
- Assessed value · 2023
- $2,537,800
- Annual tax · 2023
- $44,188
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $44,188
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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