700 Higgins AveMissoula, MT 59803
- Office properties
- 49,454 SF
Property Details for 700 Higgins Ave
- Year built
- 1971
- Construction
- WOOD
- Lot size
- 2.17 AC
- Property size (Sq ft)
- 49,454 SF
- Zone code
- 6
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 04-2200-33-3-09-04-0000
- APU
- 4220033309040000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,844,126
- 6.5%
- $8,163,808
- 7%
- $7,580,680
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,544,087
- Geo Method
- $10,544,087
-
Alternative Use
- Use
- Valuation
- Residential
- $10,123,123
- Hospitality
- $9,272,726
- Educational
- $7,714,799
- Medical
- $7,980,123
- Retail
- $12,000,798
Location Insight
- City
- Missoula
- County
- Missoula
- State
- Montana
- Latitude
- 46.8373
- Longitude
- -114.01
- CBSA code
- 33540
- CBSA name
- MISSOULA, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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