2620 Connery WayMissoula, MT 59808

  • Office properties
  • 12,800 SF
For Sale

Property Details for 2620 Connery Way

Year built
2002
Construction
WOOD
Lot size
0.34 AC
Property size (Sq ft)
12,800 SF
Property type
Office properties
Property subtype
Office buildings
APN
04-2200-18-2-03-04-0000
APU
4220018203040000

Description

This exceptional ±3,351 square foot office suite is ideally situated on the second floor of a three-story, multi-tenant office building at 2620 Connery Way in Missoula, Montana. Boasting convenient access off the North Reserve Street commercial corridor, this Class B property offers a unique blend of adaptability and accessibility. The suite itself features eight private offices, complemented by an open workspace area perfect for collaborative work environments. The professional finishes and layout cater to a variety of business needs. On-site dedicated parking is a significant advantage, ensuring convenient access for employees and clients alike. Shared amenities include elevator access, restrooms, and a comfortable waiting lounge. The property benefits from SD/Hellgate Village Core zoning, providing flexibility for various business uses. Its location offers easy access to nearby retail centers, enhancing convenience for both tenants and their clientele. The building, constructed in 2002, sits on a 0.34-acre lot and is part of a larger 19,035 square foot building. The property's proximity to the high-growth Sxwtpqyen area, with its finalized master plan and ongoing infrastructure development initiated by the City of Missoula in early 2022, presents a compelling investment opportunity in a thriving commercial district. The address is 2620 Connery Way, Missoula, MT 59808, with a cross street of Oleary Street. The APN is 04-2200-18-2-03-04-0000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,289,093
    6.5%
    $2,113,009
    7%
    $1,962,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,729,088
    Geo Method
    $2,729,088
  • Alternative Use

    Use
    Valuation
    Residential
    $2,620,131
    Hospitality
    $2,400,026
    Educational
    $1,996,794
    Medical
    $2,065,466
    Retail
    $3,106,123
2620 Connery Way, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.89
Longitude
-114.046
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
$38,969
-
-
$2,452,600
-
$315,965
$2,136,635
$2,452,600

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