7151 Kestrel DrMissoula, MT 59808

  • Office buildings
  • 4,320 SF
For Lease
$0.03/SF/YR View listing

Property Details for 7151 Kestrel Dr

Year built
2000
Construction
WOOD
Lot size
4.56 AC
Property size (Sq ft)
4,320 SF
Property type
Office buildings
APN
04-2325-35-4-04-03-0000
APU
4232535404030000

Description

This single-tenant office building, located at 7151 Kestrel Drive in Missoula, Montana, offers 4,320 square feet of functional space. Situated on a 4.55-acre lot (198,634 sq ft), this property boasts a convenient location less than 1.5 miles from I-90, within Missoula's Development Park. The building features a single level layout, including ten private offices, a large conference room, a kitchenette, and ample storage areas. A significant advantage is the inclusion of a large loading door, perfect for efficient deliveries and shipments. The property is zoned Light Industrial and includes 22 dedicated on-site parking spaces. Municipal water and sewer services are readily available. The lease rate is $10.00 per square foot, plus $5.68 per square foot in NNN expenses. This property presents a compelling opportunity for businesses seeking a well-equipped, conveniently located office space in a thriving area. The APN is 04232535404030000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $772,569
    6.5%
    $713,141
    7%
    $662,202
  • Comparable approach

    Method
    Valuation
    Relative Method
    $921,067
    Geo Method
    $921,067
  • Alternative Use

    Use
    Valuation
    Residential
    $884,294
    Hospitality
    $810,009
    Educational
    $673,918
    Medical
    $697,095
    Retail
    $1,048,317

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.9304
Longitude
-114.091
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
$19,063
-
-
$1,214,700
-
$785,092
$429,608
$1,214,700

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