1300 Reserve StMissoula, MT 59801

  • Retail properties
  • 23,240 SF
For Lease
$192/SF/YR View listing

Property Details for 1300 Reserve St

Year built
2004
Construction
WOOD
Lot size
2.03 AC
Property size (Sq ft)
23,240 SF
Zone code
3
Property type
Retail properties
Property subtype
Super regional malls
APN
04-2200-29-2-12-40-0000
APU
4220029212400000

Description

This exceptional 3,482-square-foot office space, located at 1300 S Reserve Street Suite C in Missoula, Montana, presents a unique opportunity. Previously occupied by an orthodontist, this meticulously designed suite is ideally suited for dental or orthodontic practices, though adaptable to other professional uses. Situated on a high-visibility section of Reserve Street, this single-tenant space boasts ample parking and proximity to complementary businesses. The property features a large reception area with a waiting room and two bathrooms, including a staff bathroom and an ensuite bathroom with a shower in a private office. Additional amenities include two private offices, a consultation room, a breakroom with a kitchen area, a dental lab with a sink and high-pressure air, and an X-ray room equipped with data ports. Both front and back entrances provide convenient access. The property sits on an 88,427 square foot lot and is zoned commercial (APN: 04220029212400000). CAM fees of $7.53 per square foot cover property taxes, property management, exterior maintenance, snow removal, common area maintenance, underground sprinklers, exterior lighting, and exterior insurance. This is a turn-key opportunity in a highly desirable location. The property is ready for immediate occupancy.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,109,518
    6.5%
    $5,639,555
    7%
    $5,236,730
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,486,601
    Geo Method
    $12,486,601
  • Alternative Use

    Use
    Valuation
    Residential
    $4,757,176
    Hospitality
    $4,357,548
    Educational
    $3,625,428
    Medical
    $3,750,112
    Retail
    $5,639,555
1300 Reserve St, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8592
Longitude
-114.039
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
$87,932
-
-
$5,251,200
-
$1,724,823
$3,526,377
$5,251,200

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