11400 Us Highway 93Lolo, MT 59847

  • Drive through restaurants
  • 4,612 SF
For Sale
$1,850,000 View listing

Property Details for 11400 Us Highway 93

Year built
1982
Construction
WOOD
Lot size
0.79 AC
Property size (Sq ft)
4,612 SF
Zone code
3
Property type
Drive through restaurants
APN
04-2092-26-2-28-01-0000
APU
4209226228010000

Description

This exceptional commercial property, located at 11400 US Highway 93 S in Lolo, Montana, presents a compelling investment opportunity. The 4,612 square foot building sits on a 0.79-acre lot and is currently home to two thriving businesses: a Dairy Queen Grill & Chill and Bamboo Chopstix. Built in 1982 and remodeled in 2020, the property boasts a convenient drive-thru for the Dairy Queen, enhancing its appeal and operational efficiency. Its strategic placement along the busy US-93 highway ensures high visibility and accessibility, maximizing its potential for success. The property is offered at $1,850,000 and includes the land and building only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,212,440
    6.5%
    $1,119,175
    7%
    $1,039,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,477,978
    Geo Method
    $2,477,978
  • Alternative Use

    Use
    Valuation
    Residential
    $944,066
    Hospitality
    $864,759
    Educational
    $719,470
    Medical
    $744,213
    Retail
    $1,119,175
11400 Us Highway 93, Lolo, Montana

Location Insight

City
Lolo
County
Missoula
State
Montana
Latitude
46.7622
Longitude
-114.081
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
$20,562
-
-
$1,374,500
-
$510,150
$864,350
$1,374,500

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