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Property profile & analytics
FOR SALE
Retail space
939 Stephens Ave Missoula, MT 59801-3975
Individually Owned
3-yr Hold
Property ID
US52-0017969
For Sale
1 / 58
$1,595,000
939 Stephens Ave, Missoula, MT 59801-3975
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
WOOD
Total area
9,935 SF
Lot
0.27 ac (11,718 SF)
Zoning code
2
APN
04-2200-28-2-15-01-0000
UPID
US52-0017969
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
-
Stitches Screenprint and Embroidery Production Facility Textile Manufacturer
-
Soft Landing Missoula Association / Organization
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
Michael L Burks · 3 yrs held
Michael L Burks
since 2022
7 recorded transactions
Zoning & alternative use
2 · 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
$17,180
Tax year 2023
Assessed value
$1,028,100
Assessed 2023
Previous assessed
$1,028,100
+0.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$355,535
Improvement market value
$672,565
Total market value
$1,028,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1962
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Total area
9,935 SF
Lot
0.27 ac (11,718 SF)
Zoning code
2
APN
04-2200-28-2-15-01-0000
UPID
US52-0017969
Jurisdiction
MISSOULA
Zoning & alternative use
2 · Missoula, MT
Zoning 2 · permitted uses
2 · 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
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Michael L Burks
Individual
Mailing address
1720 PO BOX 4430TH ST STE A, JACKSON, WY 83001-4430
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
Msj LLC
—
Deed
related
$750,000 · First Security Bank Of Missoula
Nov 4, 2022
—
Michael L Burks
Mlb Leasing LLC
Quit Claim Deed
related
—
Dec 22, 2020
—
Mlb Leasing LLC
—
Deed
related
$600,000 · First Security Bank Of Missoula
Feb 2, 2016
—
Mlb Leasing LLC
Spring Land Holding LLC
Warranty Deed
$533,664 · First Sec Bk/missoula
Feb 5, 2001
—
Patsy Seery
Gateway Printing
Quit Claim Deed
related
—
Dec 8, 1999
—
Michael W Seery Trustee
Spring,gordon D
Quit Claim Deed
related
—
—
—
Spring Land Holding LLC
—
Deed Of Trust
related
$150,000 · First Interstate Bank
—
—
Spring Land Holding LLC
—
Deed Of Trust
related
$125,374 · First Interstate Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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