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Property profile & analytics
OFF-MARKET
Bars & Pubs
231 Frnt St, Missoula, MT 59802-4301
Entity Owned
7-yr Hold
Absentee Owner
Property ID
US52-0026425
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1950
Construction
WOOD
Total area
4,500 SF
Lot
0.12 ac (5,097 SF)
Zoning code
COM
APN
04-2200-22-2-02-14-0000
UPID
US52-0026425
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
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
231 W Missoula LLC · 7 yrs held
231 W Missoula LLC
since 2018
7 recorded transactions
Zoning & alternative use
COM · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$36,297
Tax year 2023
Assessed value
$2,086,200
Assessed 2023
Previous assessed
$2,086,200
+0.0% YoY
Effective rate
1.74%
On assessed value
Land market value
$810,004
Improvement market value
$1,276,196
Total market value
$2,086,200
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Units
1
Total area
4,500 SF
Lot
0.12 ac (5,097 SF)
Zoning code
COM
APN
04-2200-22-2-02-14-0000
UPID
US52-0026425
Jurisdiction
MISSOULA
Zoning & alternative use
COM · Missoula, MT
Zoning COM · permitted uses
COM · 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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
231 W Missoula LLC
Entity
Mailing address
105 BLACKTAIL RD, LAKESIDE, MT 59922-9628
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2019
—
231 W Missoula LLC
—
Deed
related
$2,213,000 · Independence Bank
Jul 27, 2018
—
231 W Missoula LLC
231 Front Street LLC
Quit Claim Deed
related
$1,803,000 · State Bk/townsend
Oct 13, 2017
—
231 Front Street LLC
—
Deed
related
$1,000,000 · Stockman Bk/mt
Sep 12, 2017
—
231 Front Street LLC
—
Deed
related
$1,257,202 · Stockman Bk/mt
Dec 28, 2010
—
231 Front Street LLC
—
Trustees Deed
related
$1,228,000 · Rocky Mountain Bank
Jun 30, 2010
—
231 Front Street LLC
Mountain West Bk
Warranty Deed
—
Mar 26, 2009
—
Mountain West Bank NA
Hangas,ralph R
Quit Claim Deed
related
—
Jan 5, 2009
—
Mountain West Bank NA
Boardroom Lounge LLP
Quit Claim Deed
related
—
—
—
231 East Front Street LLP
—
Deed Of Trust
related
$26,537 · Community Bank Missoula INC
—
—
231 East Front Street LLP
—
Deed Of Trust
related
$25,000 · Community Bank Missoula INC
—
—
231 Front Street LLC
—
Deed Of Trust
related
$1,000,000 · Stockman Bk/mt
—
—
231 Front Street LLC
—
Deed Of Trust
related
$1,257,202 · Stockman Bk/mt
—
—
231 East Front Street LLP
—
Deed Of Trust
related
$467,521 · Community Bank Missoula INC
—
—
231 East Front Street LLP
—
Deed Of Trust
related
$39,919 · Community Bank Missoula INC
—
—
Boardroom Lounge LLP
—
Deed Of Trust
related
$924,192 · Mountain West Bank NA
—
—
Boardroom Lounge LLP
—
Deed Of Trust
related
$1,000,000 · Mountain West Bank NA
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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