Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1805 Wyoming St Missoula, MT 59801-1510

    • Garden apartment buildings
    • 12,726 SF
    • 2.91 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0007790
    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.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1805 Wyoming St

    Year built
    2001
    Construction
    WOOD
    Lot size
    2.91 lot acres
    Property size
    12,726 SF
    Property type
    Garden apartment buildings
    APN
    04-2200-20-1-03-01-0000
    APU
    4220020103010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.025
    Latitude
    46.8712
    CBSA code
    33540
    CBSA name
    MISSOULA, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $75,353
    $0.00
    $0.00
    $6,302,100
    -
    $1,303,031
    $4,999,069
    $6,302,100

    Comparable in this City

    • Value Estimation by Request
      35,784 SF

      1721 Russell St

      GARDEN APT, COURT APT (5+ UNITS) • 35,784 SF
      1721 Russell St, Missoula, MT 59801-5643
      View Details
    • Value Estimation by Request
      23,983 SF

      3602 Stephens Ave

      GARDEN APT, COURT APT (5+ UNITS) • 23,983 SF
      3602 Stephens Ave, Missoula, MT 59801-6847
      View Details
    • Value Estimation by Request
      7,924 SF

      1025 Russell St

      GARDEN APT, COURT APT (5+ UNITS) • 7,924 SF
      1025 Russell St, Missoula, MT 59801
      View Details
    • Value Estimation by Request
      37,953 SF

      2420 Burlington Ave

      GARDEN APT, COURT APT (5+ UNITS) • 37,953 SF
      2420 Burlington Ave, Missoula, MT 59801-5257
      View Details
    • Value Estimation by Request
      7,020 SF

      200 Connell Ave

      GARDEN APT, COURT APT (5+ UNITS) • 7,020 SF
      200 Connell Ave, Missoula, MT 59801-4364
      View Details
    • Value Estimation by Request
      8,000 SF

      421 Daly Ave

      GARDEN APT, COURT APT (5+ UNITS) • 8,000 SF
      421 Daly Ave, Missoula, MT 59801-4455
      View Details

    Similar Nearby for Sale

    • $355,000
      1,464 SF

      Centrally Located Condo with Amenities

      Spacious 3-bedroom condo near Milwaukee Bike Trail and local spots.
      1915 Montana St, Missoula, MT 59801
      View Details
    • $1,100,000
      0.15 Acres

      Well-Maintained 6-Plex in Missoula

      6-plex in desirable location near University District and downtown.
      520 Hickory St, Missoula, MT 59801
      View Details
    • $2,800,000
      0.29 Acres

      Newer Multi-Family Investment Opportunity

      Five modern, fully leased townhomes in Missoula, Montana.
      722 Rollins St, Missoula, MT 59801
      View Details
    • $319,500
      0.20 Acres

      Remodeled Condo Unit with Garage

      Recently remodeled condo unit with garage in Missoula, Montana.
      3609 Paxson St, Missoula, MT 59801
      View Details
    • $710,000
      0.29 Acres

      Versatile Multifamily Property with Development Potential

      Multifamily property with development potential in a central location.
      2225/2229 Kensington Ave, Missoula, MT 59801
      View Details
    • $679,000
      0.37 Acres

      Missoula Multifamily Development Opportunity

      Five-lot property with two duplexes, ideal for development or renovation.
      2307 Burlington Ave, Missoula, MT 59801
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,400 SF

      Missoula Office Space For Lease

      Prime Missoula location, 2400 sq ft office.
      1525 South Ave, Missoula, MT 59801
      View Details
    • $16 SF/Yr
      3,130 SF

      Kensington Ave Office Suite 201

      Prime Office Space, 3130 sq ft
      800 Kensington Ave, Missoula, MT 59801
      View Details
    • $18 SF/Yr
      2,661 SF

      Midtown Office Space For Rent

      Centrally located office space with dedicated parking and efficient layout.
      1008 Burlington Ave, Missoula, MT 59801
      View Details
    • $14 SF/Yr
      3,800 SF

      Retail Space in High-Traffic Area

      Retail space available in established commercial hub with parking.
      2621 Brooks St, Missoula, MT 59801
      View Details
    • $1.00 SF/Yr
      3,562 SF

      Prime Building in Bustling Area

      Spacious building in high-traffic area, originally designed for banking.
      3045 N Reserve St, Missoula, MT 59801
      View Details
    • $32 SF/Yr
      1,800 SF

      Retail Space on Russell Street

      Retail space available on a primary Missoula thoroughfare.
      1605 S Russell St, 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.
    1805 Wyoming St
    Missoula, MT 59801-1510
    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

    Google sign-in failed. Please try again or use another login method.