Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1540 Wyoming St Missoula, MT 59801
    Back to Search
    Property profile & analytics

    1540 Wyoming St Missoula, MT 59801

    View on Map
    • Self storage facilities
    • 0.64 lot acres
    Off-Market
    Property ID
    US52-0944369
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 4K Mini Storage / Storage Facility

    Property Details for 1540 Wyoming St

    Year built
    1920
    Lot size
    0.64 lot acres
    Property type
    Self storage facilities

    Description

    This exceptional mixed-use property at 1540 Wyoming Street in Missoula, Montana, presents a compelling investment opportunity. The 0.64-acre lot houses a thriving 74-unit self-storage facility, including one residential unit and two garages. Built in 1920, the property boasts a diverse range of unit sizes, catering to various storage needs. Currently, there are 5x10, 6x10, 8x10, 10x10, and 20x10 units available, with one climate-controlled 20x10 unit featuring roughed-in power. Two additional lockers are currently under construction. All units are presently leased, generating consistent income. The property is equipped with city water hookups and roughed-in underground sprinklers for future landscaping. Significant expansion potential exists, as the property has previously received city approval for up to 140 units, offering substantial upside for future growth and increased revenue. This centrally located Missoula property is offered at $1,100,000 and presents a rare chance to acquire a well-established, high-performing asset with considerable room for development. The existing infrastructure, including roughed-in utilities, minimizes the cost and complexity of any future expansion. This is an ideal investment for those seeking a strong return on investment with significant long-term growth potential in a desirable Montana location. The property's current occupancy rate and diverse unit sizes ensure a stable income stream, making it an attractive proposition for both seasoned investors and those new to the commercial real estate market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0198397
    Latitude
    46.8722508

    Comparable in this City

    • Contact for pricing

      Commercial Building Near Southgate Mall

      Commercial building with shop, storage, and customer access.
      2307 S Grant St, Missoula, MT 59801
      View Details
    • Contact for pricing

      Mixed-Use Building in Growing Neighborhood

      Mixed-use building with long-term tenants in a developing area.
      1940 Harve Ave, Missoula, MT 59801
      View Details
    • $1,107,000
      4,200 SF

      Hip Strip Missoula Office Building

      Downtown Missoula mixed-use gem, high visibility.
      817 Higgins Ave, Missoula, MT 59801
      View Details
    • $1,795,000
      9,807 SF

      Prime Missoula Location For Sale

      High-exposure Missoula property with strong income and development potential.
      2501 S Russell St, Missoula, MT 59801
      View Details
    • $3,199,000
      14,701 SF

      Upgraded Mixed-Use Property For Sale

      Modern, upgraded mixed-use property with cash flow and diverse tenants.
      3819 Stephens Ave, Missoula, MT 59801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Building Near Southgate Mall

      Commercial building with shop, storage, and customer access.
      2307 S Grant St, Missoula, MT 59801
      View Details
    • Contact for pricing

      Mixed-Use Building in Growing Neighborhood

      Mixed-use building with long-term tenants in a developing area.
      1940 Harve Ave, Missoula, MT 59801
      View Details
    • $3,199,000
      14,701 SF

      Upgraded Mixed-Use Property For Sale

      Modern, upgraded mixed-use property with cash flow and diverse tenants.
      3819 Stephens Ave, Missoula, MT 59801
      View Details
    • $780,000

      High-Traffic Commercial Property on Brooks

      Commercial property with high visibility and flexible business or investment uses.
      1803 Brks St, Missoula, MT 59801
      View Details
    • $1,107,000
      4,200 SF

      Hip Strip Missoula Office Building

      Downtown Missoula mixed-use gem, high visibility.
      817 Higgins Ave, Missoula, MT 59801
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Distribution Space Available

      Centrally located warehouse/distribution space with easy access to Missoula.
      1600 North Ave W, Missoula, MT 59801
      View Details
    • Contact for pricing
      1,859 SF

      Retail Space in Southgate Triangle

      Retail space centrally located in the Southgate Triangle area.
      2700 Paxson St, Missoula, MT 59801
      View Details
    • $1,220 /Mo
      22,216 SF

      Centrally Located Missoula Office Space

      Lower floor office with private entrance in central Missoula.
      1620 Regent St, Missoula, MT 59801
      View Details
    • $14 SF/Yr

      Centrally Located Second Floor Office

      Second floor office space for lease in central location.
      1018 Burlington Ave, Missoula, MT 59801
      View Details
    • $1,025 /Mo

      Centrally Located Second Floor Office

      Second floor office space for lease in central location.
      1018 Burlington Ave, Missoula, MT 59801
      View Details
    • $395 /Mo
      6,098 SF

      Affordable Office Space in Missoula

      Single-office space in central location with all utilities included.
      1008 South Ave W, Missoula, MT 59801
      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.
    1540 Wyoming St
    Missoula, MT 59801
    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

    Thank You for Inquiry
    1540 Wyoming St, Missoula, MT, 59801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!