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Property profile & analytics
OFF-MARKET
Warehouses
1870 Reserve St, Missoula, MT 59801-6400
Entity Owned
8-yr Hold
Property ID
US52-0058951
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Construction
WOOD
Total area
400 SF
Lot
1.72 ac (74,923 SF)
Zoning code
3
APN
04-2200-29-3-43-45-0000
UPID
US52-0058951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Storage Center, LLC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Erics Farms INC · 8 yrs held
Erics Farms INC
since 2018
6 recorded transactions
Zoning & alternative use
3 · Missoula, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Missoula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Missoula submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$54,315
Tax year 2024
Assessed value
$3,058,222
Assessed 2024
Previous assessed
$3,058,222
+0.0% YoY
Effective rate
1.78%
On assessed value
Land market value
$1,661,552
Improvement market value
$1,396,670
Total market value
$3,058,222
Applied tax rate
583.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
SPACE
Cooling
NONE
Buildings
6
Stories
1
Rooms
8
Bathrooms
2
Total area
400 SF
Lot
1.72 ac (74,923 SF)
Zoning code
3
APN
04-2200-29-3-43-45-0000
UPID
US52-0058951
Jurisdiction
MISSOULA
Zoning & alternative use
3 · Missoula, MT
Zoning 3 · permitted uses
3 · Missoula, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Missoula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
6
Rooms
8
Bathrooms
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Erics Farms INC
Entity
Mailing address
1870 S RESERVE ST, MISSOULA, MT 59801-6400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2018
—
Erics Farms INC
—
Deed
related
$691,750 · First Sec Bk/missoula
Jul 3, 2018
—
Erics Farms INC
Storage Center LLC
Warranty Deed
$987,500 · Glacier Bk Fsb
Dec 8, 2006
—
Sleipnir LLC
Navarro,julie
Warranty Deed
—
Jul 20, 2005
—
Jim Meyer
Balko Trust
Warranty Deed
related
—
Jul 13, 2005
—
Julie Navarro
Meyer,jim
Warranty Deed
—
—
—
Erics Farms INC
—
Deed Of Trust
related
$691,750 · First Sec Bk/missoula
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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