Property profile

1700 Rankin St Missoula, MT 59808

OFF-MARKET
Showrooms
Property ID
US52-0071626
15,920 SF 0.6 ac lot Built 1990
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This Missoula, Montana industrial property, located at 1700 Rankin Street Unit B, offers a versatile 15,920 square-foot space ideal for various industrial and office uses. The single-tenant building sits on a 0.597-acre lot and is zoned for industrial use. The main area boasts a clear span layout measuring 77 feet by 60 feet, with a minimum ceiling height of 14 feet 6 inches. A substantial 1,380 square-foot finished office space is included, providing ample administrative area. Access is facilitated by a 12-foot wide by 12-foot high doorway. Three-phase power is available on-site. This property presents a unique opportunity, with potential for expansion by combining it with adjacent units at 1702 Rankin Street, offering an additional 6,800 square feet of space. The property is available for lease starting February 1, 2025, with potential for earlier occupancy. The property's APN is 04220017208020000. The property is located in Missoula, MT, 59808, conveniently situated off West Broadway and close to the town center. This property is a single-suite building within a larger business park.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1990
Construction WOOD
Total area 15,920 SF
Lot 0.6 ac (26,005 SF)
Zoning code 5
APN 04-2200-17-2-08-02-0000
UPID US52-0071626

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Animal Shelter Pet Adoption Service
  • Employment Agency

Location

1700 Rankin St Missoula, MT 59808-1630
Missoula metro Census 204 MISSOULA, MT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.20M
CAP Approach CAP
$1.73M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.20M

Owner & transaction history

since 2024
Last sale
$2.2M
6 recorded transactions
2024
$2.2M
2021
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

5 · Missoula, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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