3800 Russell StMissoula, MT 59801

  • Land
  • 2.88 AC
For Lease

Property Details for 3800 Russell St

Lot size
2.88 AC
Zone code
6
Property type
Land
Property subtype
Commercial land
APN
04-2200-33-3-01-36-0000
APU
4220033301360000

Description

This prime retail property, known as Russell Square, is a single-story, 12,851 square foot shopping center situated on a 1.77-acre lot in Missoula County. The center boasts a strong national co-tenancy and benefits from its location in a high-traffic area anchored by a grocery store. The property features fifteen suites in total, with two spaces currently available for lease. Individual suite sizes range from a minimum of 1,300 square feet to a maximum contiguous space of 3,900 square feet. The property's address is conveniently located near the intersection of Russell and Higgins Roads, offering excellent visibility and accessibility. The building is comprised of one structure with a total of 12,851 square feet. Lease rates are competitive, ranging from $20 to $25 per square foot, with additional net operating expenses of $9.09 per square foot. The property's parcel number is 04-2200-33-3-01-37-0000. This presents a fantastic opportunity for businesses seeking high-visibility retail space in a thriving Missoula County location. The property is ideal for a variety of retail uses, including in-line stores, endcaps, and restaurants. Don't miss this chance to secure your space in this successful shopping center.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,635,322
    Hospitality
    $23,481,818
    Educational
    $19,536,596
    Medical
    $20,208,490
    Retail
    $30,390,262
3800 Russell St, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8367
Longitude
-114.017
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
$5,851
-
-
$350,000
-
$350,000
-
$350,000

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