Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3800 S Russell St Missoula, MT 59801
    Property profile & analytics

    3800 S Russell St, Missoula, MT 59801

    View on Map
    • Super regional malls
    • 12,851 SF
    • 1.77 lot acres
    For Sale
    $650,000
    View Listing →
    Commercial Development Parcel in Missoula For Sale
    $650,000
    2.88 Acres

    Commercial Development Parcel in Missoula

    Prime commercial land in Russell Square Shopping Center.

    3800 S Russell Street, Missoula, MT 59801
    View Listing
    Property ID
    US52-0005064
    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

    • Salon Services PRO - Missoula / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Albertsons / Grocery & Convenience Store / Food Market
    • WAXED.byjessie / Spa & Massage Center / Skin Care Clinic
    • higi / Physician
    • ATM / Atm

    Property Details for 3800 S Russell St

    Year built
    2000
    Construction
    WOOD
    Lot size
    1.77 lot acres
    Zone code
    6
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    04-2200-33-3-01-37-0000
    APU
    4220033301370000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 7, 2023 — Russell Square LLC Lesilie Mauldin Grant Deed —
    Aug 10, 2022 — Leslie Mauldin Christy L Brandon Warranty Deed —
    Apr 22, 2022 — U Center Bookstore INC Rp Men Investments LLC Quitclaim Deed · related —
    Jan 8, 2020 — Tkg Russell Square LLC — Deed · related $3.8M · Commerce Bk
    Feb 21, 2019 — Tkg Russell Square LLC — Deed · related $3.8M · Commerce Bk
    Nov 30, 2017 — U Center Bookstore INC — Deed · related $350k · First Sec Bk/missoula
    Jul 1, 2016 — U Center Brookstore INC U Center Bookstone INC Quitclaim Deed · related $500k · First Security Bank Of Missoula
    Oct 1, 2014 — Tkg Russell Square LLC Russell Square 2004 LLC Quit Claim Deed · related $3.8M · Commerce Bk
    Apr 24, 2006 — Russell Square 2004 LLC R P Men Investments LLC Warranty Deed $3.5M · Wells Fargo Bank NA
    Mar 4, 2005 — Owner Name Unavailable Owner Name Unavailable Grant Deed · related —
    Jul 21, 2004 — Owner Name Unavailable Owner Name Unavailable Grant Deed · related —
    — — Tkg Russell Square LLC — Loan Modification · related $3.8M · Commerce Bk
    — — Tkg Russell Square LLC — Loan Modification · related $3.8M · Commerce Bk

    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
    -114.016
    Latitude
    46.8354
    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
    $24,114
    $0.00
    $0.00
    $1,439,500
    -
    $487,444
    $952,056
    $1,439,500

    Comparable in this City

    • Value Estimation by Request
      368,617 SF

      2901 Brks St

      REGIONAL SHOPPING CENTER, MALL
      2901 Brks St, Missoula, MT 59801-7703
      View Details
    • Value Estimation by Request
      14,780 SF

      2700 Paxson St, Unit 120

      REGIONAL SHOPPING CENTER, MALL
      2700 Paxson St, Missoula, MT 59801-7200
      View Details
    • Value Estimation by Request
      23,240 SF

      1300 Reserve St

      REGIONAL SHOPPING CENTER, MALL
      1300 Reserve St, Missoula, MT 59801-4704
      View Details
    • Value Estimation by Request
      5,320 SF

      Missoula, MT 59801

      REGIONAL SHOPPING CENTER, MALL
      Missoula, MT 59801
      View Details
    • Value Estimation by Request
      50,248 SF

      2901 Brks St

      WHOLESALE OUTLET, DISCOUNT STORE
      2901 Brks St, Missoula, MT 59801-7703
      View Details
    • Value Estimation by Request
      50,050 SF

      3015 Paxson St

      WHOLESALE OUTLET, DISCOUNT STORE
      3015 Paxson St, Missoula, MT 59801-8325
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Grocery Anchored Shopping Center

      121,126 SF shopping center at Reserve and Mullan Road.
      2230 North Reserve St, Missoula, MT 59801
      View Details
    • Contact for pricing

      Established Monument Business For Sale

      Turnkey monument business with high visibility and growth potential.
      1035 Ronan St, Missoula, MT 59801
      View Details
    • $749,900
      1,796 SF

      High-Traffic Commercial Building in Missoula

      Remodeled 1,796 sq ft commercial building on 0.28 acres.
      2401 Brks St, Missoula, MT 59801
      View Details
    • 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
    • $1,595,000
      9,900 SF

      High-Traffic Building in Central Missoula

      Versatile 9,900 SF building ideal for retail or office.
      939 Stephens Ave, Missoula, MT 59801
      View Details
    • Contact for pricing
      9,935 SF

      Versatile Building in High-Traffic Location

      9,900 SF building suitable for retail, office, or mixed-use.
      939 Stephens Ave, Missoula, MT 59801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,658 SF

      Retail Space in High-Traffic Center

      Retail space available in grocery-anchored shopping center.
      1132 SW Higgins Ave, 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
    • Contact for pricing
      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
    • Contact for pricing
      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
    • New
      $20 SF/Yr
      4,182 SF

      Prime Commercial Space on Higgins

      4,200+/- sq ft commercial building in Missoula's Hip Strip.
      817 S Higgins Ave, Missoula, MT 59801
      View Details
    View Listing
    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.
    3800 S Russell 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
    3800 S Russell 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!