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    937 Anglers Bend Way Missoula, MT 59802
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    Property profile & analytics

    937 Anglers Bend Way Missoula, MT 59802

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    • Commercial real estate
    Off-Market
    Property ID
    US52-0925139
    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

    • Commercial real estate

    Property Details for 937 Anglers Bend Way

    Property type
    Commercial real estate

    Description

    This exceptional 10,629 square foot residential lot is located at 937 Anglers Bend Way in Missoula, Montana, zip code 59802. Situated in the desirable Canyon River Golf Community, phase 6, this pristine lot boasts stunning views of Mount Jumbo and Sentinel, and is conveniently located along the 5th hole of the award-winning Canyon River Golf Course. The property offers a unique opportunity to build your dream home, with the convenience of pre-approved building plans already in place for a Southfork floor plan, expediting the construction process. This plan has already received all necessary permits from the City of Missoula, allowing for immediate groundbreaking. The homeowner's association actively maintains the community, providing worry-free living with services including irrigation, lawn mowing, and snow removal. Enjoy the best of both worlds – a peaceful, scenic setting just minutes away from the vibrant downtown Missoula area, the Missoula International Airport, abundant year-round recreational opportunities, and the renowned Kettlehouse Amphitheater. This is one of the last available lots in this highly sought-after community, presenting a rare chance to own a piece of Montana paradise. The asking price for this remarkable property is $189,900.

    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
    -113.928722
    Latitude
    46.876108

    Comparable in this City

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    • $675,000
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      Development Land in East Missoula

      Development opportunity with plans for apartments, townhomes, and commercial potential.
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    • $4,800,000
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      Missoula Mixed-Use Investment Opportunity

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    • $675,000

      East Missoula Development Opportunity

      0.409 acre property with plans for 25-unit complex.
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      3,615 SF

      Broadway Mixed-Use Commercial Building

      Mixed-use building with office space and residential rental unit.
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    • $349,000
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      Two Homes on One Lot

      Two homes on one lot in Missoula's Westside.
      720 Byron St, Missoula, MT 59802
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    Similar Nearby for Sale

    • $675,000
      0.41 Acres

      East Missoula Development Opportunity

      0.409 acres with plans for mixed-use development.
      3510 Hwy 200 E, Missoula, MT 59802
      View Details
    • $675,000
      0.41 Acres

      Development Land in East Missoula

      Development opportunity with plans for apartments, townhomes, and commercial potential.
      3510 Hwy 200 E, Missoula, MT 59802
      View Details
    • $4,800,000
      0.56 Acres

      Missoula Mixed-Use Investment Opportunity

      Three Homes, Riverfront, B2-2 Zoning
      0 737, Missoula, MT 59802
      View Details
    • $675,000

      East Missoula Development Opportunity

      0.409 acre property with plans for 25-unit complex.
      3510 Hwy 200 E, Missoula, MT 59802
      View Details
    • $349,000
      0.09 Acres

      Two Homes on One Lot

      Two homes on one lot in Missoula's Westside.
      720 Byron St, Missoula, MT 59802
      View Details
    • Contact for pricing
      3,615 SF

      Broadway Mixed-Use Commercial Building

      Mixed-use building with office space and residential rental unit.
      414 W Broadway St, Missoula, MT 59802
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
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    • $20 SF/Yr

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      Downtown Missoula Commercial Suite

      Commercial suite in downtown Missoula with parking.
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    • $14 SF/Yr

      Downtown Office Space Available Now

      820 SF office space in the heart of downtown.
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    • $995 /Mo
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      Downtown Office Space Available Now

      820 SF office space in downtown Missoula for lease.
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    Missoula, MT 59802
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    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.

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