Missoula, Montana
Missoula's owners of record are public and free to download statewide, but Montana keeps sale prices confidential by law.
10 buildings · 10 with an owner established · 12 sources · 3 tier A · 7 tier B · prepared 2026-10-31
Montana keeps no public title register; ownership is read from the property-tax record. The Montana State Library republishes the whole Missoula County cadastral layer every month as a free download - owner name, owner mailing address, situs address, legal description and assessed value for each parcel - and Missoula County's own Property Information System lets anyone search by owner name and opens the recorded documents. What Montana does not publish is the price: the realty transfer certificate filed with every deed 'is not a public record and must be held confidential' (MCA 15-7-308).
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Missoula City Hall 435 Ryman St |
Civic | City of Missoula The 2026 roll lists 435 Ryman St (CP Higgins Addition, Block 12, Lots 1-6, legal description '(CITY HA...') as owned by 'CITY OF MISSOULA', exempt property of 0.54 GIS acres valued at $798,827 (land only; exempt buildings carry no value). Montana Cadastral, Missoula County file of 6 Oct 2026 (tax year 2026), parcels whose interior point falls inside the City of Missoula boundary (MSL, 21 May 2026). |
Government | —A |
| Missoula County Courthouse 200 W Broadway |
Civic | Missoula County The 2026 roll lists 200 W Broadway (CP Higgins Addition, Block 19, legal description 'COURTHOUSE') as owned by 'MISSOULA COUNTY', exempt, 2.02 GIS acres valued at $1,255,555. Wikipedia's Missoula article dates the A.J. Gibson-designed courthouse to 1908 and says it was the first Missoula building on the National Register of Historic Places (1976). The county holds 61 parcel rows inside the city, 237.7 acres, $66.2M. Separately, 200 E Broadway is held by 'MISSOULA LOCAL GOVERNMENT BUILDING SPECIAL DIST' (1.55 acres, $1.11M). |
Government | —B |
| Missoula Montana Airport (Johnson-Bell Field, MSO) 4439 Corporate Way (main airfield parcel) |
Institutional | Missoula County Airport Authority Wikipedia: the airport 'is owned by the Missoula County Airport Authority' and 'covers 2,700 acres'. The 2026 roll agrees: the main airfield parcel at 4439 Corporate Way (legal 'ACRES 1342.09, AIRPORT') is held by 'MISSOULA COUNTY AIRPORT AUTHORITY', exempt, valued at $18.9M, and the Authority holds 10 rows, 2,227 GIS acres and $28.2M inside the city boundary; 'MISSOULA COUNTY AIRPORT INDUSTRIAL DISTRICT' holds 7 more (34.8 acres, $7.6M). The airfield parcels carry levy codes different from downtown's, so whether all of it is inside the city for tax purposes was not established; the interior point of each falls inside the state's city boundary file. |
Government | —B |
| St. Patrick Hospital and Health Sciences Center 500 W Broadway |
Institutional | St Patrick Hospital Corp Two parcels at 500 W Broadway are held by 'ST PATRICK HOSPITAL CORP' on the 2026 roll: an exempt parcel of 2.88 acres valued at $81.9M (the most valuable single parcel in the city) and a partially exempt parcel of 4.11 acres valued at $57.6M. The owner's tax-mailing address is in Renton, Washington. Across its name variants ('ST PATRICK HOSPITAL CORP', '... & HEALTH SCIENCES', '... AND HEALTH SCIENCES CENTER') the hospital holds 28 rows, 19.0 acres and $179.8M downtown. Wikipedia: founded in 1873 under the sponsorship of the Sisters of Providence; western Montana's only Level II trauma center. |
Institution | —B |
| Community Medical Center 2827 Fort Missoula Rd |
Institutional | RCHP Billings Missoula LLC The hospital parcel at 2827 Fort Missoula Rd (14.72 acres, taxable, valued at $63.3M on the 2026 roll) is held by 'RCHP BILLINGS MISSOULA LLC', which has a tax-mailing address in Overland Park, Kansas. The same LLC holds 25 rows, 41.9 acres and $126.8M in the city. Wikipedia's Missoula article says the hospital, once locally owned and non-profit, 'is now owned by a large corporation headquartered in Nashville, Tennessee, and is a for-profit entity'; who stands behind the LLC was not established from a filing. |
Private company | —B |
| Southgate Mall 2901 Brooks St 545,780 sq ft total; 212,955 sq ft store space (CBL 10-K) |
Retail | CBL & Associates Properties (CBL Southgate Mall LLC) 100% CBL's 2025 10-K lists Southgate Mall, Missoula, as acquired July 2025, 100% owned, 89% leased, anchors AMC, Dillard's, Hobby Lobby and Scheels. Schedule III: encumbrance $19.7M, land $7.68M, buildings $18.4M, gross carrying amount $26.2M. On the 2026 roll 'CBL SOUTHGATE MALL LLC' (mailing Chattanooga) holds the 24.84-acre mall parcel ($22.9M) and five others; 'CBL SOUTHGATE MALL II LLC' one more. Scheels All Sports Inc (5.99 acres, $21.4M) and Mercantile Prop Inc (7.93 acres, $7.7M) own their own anchor parcels at the same address. |
REIT | $179.7M 2025-07 Combined price, including acquisition costs, for four malls: Ashland Town Center, Mesa Mall, Paddock Mall and Southgate Mall. No price for Southgate alone is stated. B |
| University of Montana campus and Washington-Grizzly Stadium University of Montana campus (largest valued parcel 701 S 6th St E) |
Institutional | University of Montana (Montana Board of Regents) Wikipedia gives the stadium's owner and operator as the University of Montana (opened 1986; capacity 25,217). On the 2026 roll UM holds 51 parcel rows inside the city across four name forms ('UNIVERSITY OF MONTANA', 'UNIVERSITY OF MONTANA BOARD OF REGENTS', 'BOARD OF REGENTS OF HIGHER EDUCATION', 'THE UNIVERSITY OF MONTANA'), 386 GIS acres, exempt and valued at $91.2M - almost all of it land, since exempt buildings carry little value on this roll. Single parcels include 13.3 acres at 701 S 6th St E ($15.7M) and 59.4 acres held by the Board of Regents (mailing Helena) in Section 31 ($15.6M). |
Government | —B |
| Hotel at 125 Pattee St (Missoula Mercantile site) 125 Pattee St |
Hotel | Missoula RI Propco LLC The 2026 roll lists 125 Pattee St (Missoula Original Townsite, Block 2) as owned by 'MISSOULA RI PROPCO LLC' with a Denver, Colorado mailing address, 1.01 acres valued at $47.2M - the most valuable hotel parcel in the city. Next door, 175 N Pattee St is held by 'MISSOULA AC PROPCO LLC' (Denver; 0.29 acres, $28.3M). The hotel brands were not confirmed from a source opened, so the building is named by its address; the entity behind both PropCos was not established. |
Private company | —A |
| The Wilma 131 S Higgins Ave |
Mixed use | Simba Development Company LLC The building is a condominium ('WILMA CONDOMINIUMS'). The 2026 cadastral layer carries only the master record, held by 'SIMBA DEVELOPMENT COMPANY LLC' (0.38 acres, $8.06M); the individual units are not in the layer, so who holds each unit was not established. Wikipedia lists the Wilma Theatre among the downtown buildings added to the National Register of Historic Places and as home of the Big Sky Documentary Film Festival since 2003. |
Private company | —B |
| Old Sawmill District and Riverfront Triangle Wyoming St area; 400-537 W Front St and W Broadway |
Land | OSD and Millsite LLCs; Riverfront Triangle Partners LLC Two riverside redevelopment sites. In the Old Sawmill District, 'MILLSITE REVITALIZATION PROJECT LLC' holds 36 rows (18.0 acres, $13.8M, mostly vacant Mill Site lots) and three OSD entities hold 19 rows worth $75.6M: 'OSD BUILDING #1 LLC' (945 Wyoming St, apartments, $34.3M), 'OSD PHASE II LLC' ($27.8M) and 'OSD TECH CAMPUS A LLC' ($13.5M). Downtown, 'RIVERFRONT TRIANGLE PARTNERS LLC' holds 10 rows on W Front St and W Broadway (5.1 acres, $9.1M). Values are 2026 roll values; no sale prices are public in Montana. |
Developer | —A |
The core land
The most valuable ground in the city, and what the public record says about it.
Computed from the Montana Cadastral Missoula County file of 6 Oct 2026 (tax year 2026), limited to parcels whose interior point falls inside the City of Missoula boundary (Montana State Library, 21 May 2026; 35.2 sq mi). Values are Department of Revenue values for tax purposes, not prices. Condominium units are mostly absent from the layer, which carries master records.
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
The City of Missoula is by far the largest owner of record inside its own limits: 366 parcel rows, 4,184 acres - about 18% of the city's 22,844 mapped acres - and $501.5M, a holding that includes the water utility the City took from Carlyle-owned Mountain Water by eminent domain in 2017 (Wikipedia); Wikipedia also counts nearly 5,000 acres of open-space conservation land in and around the city. The airport authority holds the next-largest acreage. The university, school districts, county, state and housing authority follow; private hospital ownership outweighs every public body but the City by value. 2026 roll values (Montana Cadastral, Missoula file of 6 Oct 2026) for parcels whose interior point falls inside the City of Missoula boundary; exempt public property carries mostly land value, so public holdings are a floor.
| Name | Type | Inside the city, 2026 roll |
|---|---|---|
| City of Missoula Largest single holding: 19.4 acres at 801 Greenough Dr valued at $47.7M (exempt). City Hall, 435 Ryman St, is also on the roll. Wikipedia records that the City took ownership of the Mountain Water system in 2017 after winning the right to acquire it by eminent domain. |
Government | 366 rows; 4,184 acres; $501.5M ($403.3M of it land)A |
| Missoula County Airport Authority The airfield parcels. Their levy codes differ from those of central Missoula, so whether they are taxed as city land was not established; they fall inside the state's boundary file. |
Government | 10 rows; 2,227 acres; $28.2M (plus Airport Industrial District: 7 rows, 34.8 acres, $7.6M)A |
| University of Montana / Montana Board of Regents Four name forms on the roll. Includes the main campus, Mount Sentinel-side parcels (167.7 acres at 790 E Beckwith Ave) and 59.4 acres in Section 31 held by the Board of Regents. |
Government | 51 rows; 386 acres; $91.2MA |
| Missoula County Public Schools (High School District #1, School District #1, Elementary) High School District #1: 18 rows, 142.0 acres, $36.9M; School District #1: 15 rows, 76.3 acres, $20.5M; Missoula Elementary School District: 1 row, 13.0 acres. Hellgate School District #4 (2 rows, 28.2 acres) and DeSmet School District #20 (3 rows, 16.9 acres) also hold land inside the city. |
Government | 34 rows; 231.3 acres; $58.6MA |
| Missoula County Includes the Courthouse at 200 W Broadway. |
Government | 61 rows; 237.7 acres; $66.2MA |
| State of Montana (incl. Department of Transportation, DNRC) 'STATE OF MONTANA' 23 rows; Department of Transportation under four spellings 22 rows; DNRC 2 rows. University land is counted separately above. |
Government | 47 rows; 200.5 acres; $47.2MA |
| United States of America (incl. Army, Postal Service) 'UNITED STATES OF AMERICA' 4 rows (226.8 acres, incl. 138.1 acres in Section 1 and 74.3 acres at 6045 Fire Cache Way); 'UNITED STATES OF AMERICA-ARMY' 2 rows (32.0 acres, $11.3M, incl. 214 Old Fort Missoula Rd); Postal Service 3 rows (7.8 acres, $6.1M). |
Government | 9 rows; 266.6 acres; $23.0MA |
| Missoula Housing Authority The third-largest public owner by number of parcels. |
Government | 58 rows; 12.6 acres; $43.6MA |
| BNSF Railway / Montana Rail Link Railroad land as named on the 2026 roll. Wikipedia lists Montana Rail Link among Missoula's top employers (1,056). |
Public company | BNSF 34 rows, 36.7 acres, $25.4M; Montana Rail Link 21 rows, 34.0 acres, $3.8MA |
| NorthWestern Energy 'NORTHWESTERN ENERGY-T & D' 14 rows plus one other. Wikipedia: Montana Power sold its transmission and distribution business to NorthWestern Corporation in February 2002. |
Public company | 15 rows; 39.5 acres; $17.0MA |
| Roman Catholic Bishop of Helena Four name forms on the roll. |
Institution | 10 rows; 21.5 acres; $27.6MA |
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Missoula permits about 550 homes a year, and most of them are apartments. The Census Bureau Building Permits Survey (s12) counted 145 single-family houses ($54.3M), one duplex, 22 units in six 3-4-unit buildings and 387 units in 13 buildings of five or more units permitted in the city in 2025 (556 units in all); the unincorporated county permitted 278 houses more. No national builder appears among the larger holders on the roll; new houses are built by Montana firms. Figures count parcel rows held in each builder's name inside the city on the 2026 roll - lots and unsold homes - not homes built. No league table of Missoula starts by builder was found.
| Name | Type | Parcel rows held, 2026 roll |
|---|---|---|
| McCall Homes Missoula LLC Lots and homes held in the builder's name. |
Private company | 25 rows ($2.7M)A |
| Homes for Missoula LLC Lots and homes held in the builder's name. |
Private company | 20 rows ($3.8M)A |
| Edgell Building Inc Lots and homes held in the builder's name. |
Private company | 14 rows ($2.4M)A |
| YG Development LLC Lots held in the developer's name. |
Private company | 14 rows ($2.5M)A |
| Epic Homes LLC Lots and homes held in the builder's name. |
Private company | 10 rows ($4.5M)A |
| McElmurry Homes Inc Lots held in the builder's name. |
Private company | 7 rows ($0.9M)A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Missoula has no office-tower market; its private commercial wealth is apartments, two hospital campuses, North Reserve Street big-box retail, downtown hotels and Southgate Mall. The largest landlords of record are Montana companies and out-of-state single-asset LLCs; the only listed REIT found is CBL. Figures are 2026 roll values inside the city boundary (Montana Cadastral, 6 Oct 2026). Montana keeps sale prices confidential, so no purchase prices are shown. No national single-family-rental company appears among the larger holders of record.
| Name | Type | Inside the city, 2026 roll |
|---|---|---|
| Tollefson Properties LLC / Tollefson Enterprises LLC The largest private owner of record by value. Tollefson Properties LLC: 25 rows, 110.7 acres, $102.1M, mostly apartments (Hellgate Meadows, Bakke Addition, Stephens Ave) and a $46.6M parcel at 2570 Clark Fork Ln; Tollefson Enterprises LLC: 7 rows at McNett Flats, $103.2M. Two smaller rows are held as Tollefson Properties 2 LLC and a variant spelling. All mail to Frenchtown, MT. |
Private company | 34 rows; 127.2 acres; $211.6MA |
| Gateway Limited Partnership Gateway Place retail lots on N Reserve St and Palmer St, the largest two worth $17.3M and $17.1M. |
Private company | 9 rows; 40.7 acres; $66.0MA |
| CBL & Associates Properties (CBL Southgate Mall LLC) Bought Southgate Mall in July 2025 as one of four malls costing $179.7M together (CBL 10-K). |
REIT | 8 rows; 35.5 acres; $32.1M on the roll; mall 545,780 sq ftB |
| The Snowfarm Project Property Owner LLC Apartments at 2175 Sagebrush Rd; owner mails to Boise, ID. |
Private company | 1 row; 18.1 acres; $55.5MA |
| Hillview MF Project Owner LLC Apartments at 1990 Rimel Rd; owner mails to Denver, CO. |
Private company | 1 row; 9.1 acres; $42.6MA |
| LH Residential LLC Apartments at 4200 and 4332 Expressway. |
Private company | 2 rows; 17.0 acres; $40.7MA |
| Mountain States Leasing Palmer Professional Park and Palmer Street condominium units on Palmer St (commercial condos); owner mails to Butte, MT. |
Private company | 12 rows; 19.9 acres; $39.0MA |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Who stands behind RCHP Billings Missoula LLC (Community Medical Center). Wikipedia says only that a Nashville-headquartered corporation owns the hospital; no filing opened names the LLC's members.
- The hotel brands at 125 and 175 N Pattee St (Missoula RI Propco LLC and Missoula AC Propco LLC, both mailing to Denver) and who stands behind them.
- Whether the airfield parcels of the Missoula County Airport Authority are inside the city for tax purposes. They carry different levy codes from central Missoula; the Department of Revenue's levy-district key was not read.
- Who holds each unit in the Wilma and other downtown condominiums: the cadastral layer carries master records only.
- Who sold Southgate Mall to CBL in July 2025, and at what price. CBL states only a combined $179.7M for four malls; Montana's transfer certificates are confidential.
- Clerk & Recorder copy fees for deeds: the County's fee page was not found.
Sources
- Montana Cadastral parcels - Missoula County (Missoula_SHP.zip, 6 Oct 2026; DBF last update 2026-10-06; 60,304 rows) — Montana State Library (MSDI Cadastral), data from Missoula County GIS and Montana Department of Revenue ORION · openA
- Montana Cadastral parcel metadata (MontanaCadastral_ParcelMetadata.xml) — Montana State Library · openA
- MSDI Cadastral theme page — Montana State Library · openA
- MCA 15-7-308, Disclosure of information restricted -- exceptions — Montana Legislature · openA
- Missoula County Property Information System — Missoula County GIS · openA
- Property Records & Deeds — Missoula County Clerk & Recorder/Treasurer · openA
- Montana Incorporated Cities and Towns (MontanaIncorporatedCitiesTowns_shp.zip, 21 May 2026) - City of Missoula boundary, 35.2 sq mi — Montana State Library · openA
- CBL & Associates Properties, Inc. Form 10-K for 2025 (filed 3 Mar 2026): property table, Note 5 acquisitions, Schedule III — CBL & Associates Properties / SEC EDGAR · openA
- Washington-Grizzly Stadium — Wikipedia · openA
- Missoula Montana Airport — Wikipedia · openA
- Missoula, Montana — Wikipedia · openA
- Building Permits Survey, annual place-level file 2025, West Region (we2025a.txt): Missoula city, MT — US Census Bureau · openA