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Property profile & analytics
FOR LEASE
Office buildings
700 SW Higgins Ave Missoula, MT 59801
Entity Owned
5-yr Hold
Property ID
US52-0114380
For Lease
1 / 35
Contact for pricing
700 SW Higgins Ave, Missoula, MT 59801
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Property summary
AI-generated overview
This exceptional two-story, 49,454 square foot Class B office building, constructed in 1997 and renovated in 2006, is situated at 700 SW Higgins Ave in Missoula, Montana, zip code 59803. The property features a modern atrium, abundant parking, and is zoned C1-4 (Neighborhood Commercial) with APN 04-2200-33-3-09-04-0000. The building offers multiple tenancy options, with a minimum divisible space of 1,802 square feet and a maximum contiguous space of 5,864 square feet currently available. This space is ideal for a variety of uses, including traditional, creative, or medical offices. The building includes two suites, with Suite 113 offering approximately 1,802 square feet and Suite 101 offering approximately 4,062 square feet. Suite 101 includes a reception area, thirteen offices, a breakroom, an in-suite restroom, and a detached conference room. The building boasts convenient access and is located in Missoula's vibrant Lewis & Clark Neighborhood. Building amenities include elevators. This property presents a unique opportunity for businesses seeking a well-maintained, versatile office space in a desirable Missoula location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
49,454 SF
Lot
2.17 ac (94,351 SF)
Zoning code
6
APN
04-2200-33-3-09-04-0000
UPID
US52-0114380
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
-
FedEx Drop Box Postal Service Courier Service
-
Inner Wisdom Hypnotherapy Counselor Alternative Medicine Practitioner
-
Summit Independent Living Social Service Agency Charitable Organization
-
Clearwater Counseling, PLLC Crisis Center Medical Clinic
-
Shalem Health Physician
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
Brc Higgins LLC · 5 yrs held
Brc Higgins LLC
since 2021
7 recorded transactions
Zoning & alternative use
6 · 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
$97,364
Tax year 2023
Assessed value
$5,816,700
Assessed 2023
Previous assessed
$5,816,700
+0.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$570,501
Improvement market value
$5,246,199
Total market value
$5,816,700
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
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1971
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Units
1
Total area
49,454 SF
Lot
2.17 ac (94,351 SF)
Zoning code
6
APN
04-2200-33-3-09-04-0000
UPID
US52-0114380
Jurisdiction
MISSOULA
Zoning & alternative use
6 · Missoula, MTZoning 6 · permitted uses
6 · Missoula, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
2.17 ac
Current owner
From public records · entity-resolved
Brc Higgins LLC
Entity
Mailing address
PO BOX 6211, BOZEMAN, MT 59771-6211
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
—
Brc Higgins LLC
—
Deed
related
$6,425,266 · First Montana Bank INC
Apr 14, 2021
—
Brc Higgins LLC
700 S Whiggins LLC
Warranty Deed
$4,532,149 · First Montana Bank INC
Nov 20, 2018
—
Glacier Bk
700 Sw Higgins LLC
Grant Deed
related
$246,000 · First Sec Bk/missoula
Oct 11, 2018
—
700 Sw Higgins LLC
—
Deed
related
$66,000 · First Sec Bk/missoula
Oct 18, 2017
—
700 Sw Higgins LLC
Wells Fargo Bk 2007 C-1
Grant Deed
$2,720,000 · First Sec Bk/missoula
Oct 22, 2015
$3,200,000
Wells Fargo Bank NA 2007 C-1 Tr
Sheriff Of Missoula County|south Hills Center Part
Trustees Deed
related
—
Oct 24, 2014
$3,200,000
Wells Farg Bank NA 2007 C-1 Tr
Sheriff Of Missoula County
Trustees Deed
related
—
Dec 11, 1997
—
South Hills Center Partners
Molen Realty
Grant Deed
$560,000 · Security Bank
—
—
700 Sw Higgins LLC
—
Deed Of Trust
related
$246,000 · First Sec Bk/missoula
—
—
South Hills Center Partners
—
Deed Of Trust
related
$2,900,000 · Sterling Savings Bank
—
—
700 Sw Higgins LLC
—
Deed Of Trust
related
$66,000 · First Sec Bk/missoula
—
—
South Hills Center Partners
—
Deed Of Trust
related
$1,000,000 · Individual
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.
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