7600 Desmet RdMissoula, MT 59808

  • Other commercial real estate
  • 45,800 SF
For Sale
$6,950,000 View listing

Property Details for 7600 Desmet Rd

Year built
1973
Construction
STEEL FRAME
Lot size
11.25 AC
Property size (Sq ft)
45,800 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
04-2325-27-4-01-05-0000
APU
4232527401050000

Description

This exceptional 46,550-square-foot industrial property in Missoula, Montana, presents a compelling value-add investment opportunity. Located at 7600 Desmet Rd, 59808, this single-story, 1973-built building sits on an expansive 11.25-acre lot (APN: 04-2325-27-4-01-05-0000) and boasts excellent Interstate-90 visibility. Currently 100% occupied across four units, the property offers significant rental upside potential due to below-market rents. The building features eight grade-level loading doors and one dock-high door, facilitating efficient truck circulation. Zoned Industrial Center Light (ICL), it provides ample space for industrial users, with the excess land allowing for expansion or yard storage. Utilities include municipal water, private sewer, and public sewer access. This property is ideally suited for owner-occupiers seeking expansion or investors targeting a value-add asset in a rapidly growing Montana market. The flat topography ensures easy parking and multiple ingress/egress points. This is a rare opportunity to acquire a well-located, income-producing industrial asset with substantial growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,040,272
    6.5%
    $11,114,097
    7%
    $10,320,233
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,607,846
    Geo Method
    $24,607,846
  • Alternative Use

    Use
    Valuation
    Residential
    $9,375,157
    Hospitality
    $8,587,593
    Educational
    $7,144,777
    Medical
    $7,390,496
    Retail
    $11,114,097
7600 Desmet Rd, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.9375
Longitude
-114.104
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
$35,327
-
-
$2,886,300
-
$1,070,600
$1,815,700
$2,886,300

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