Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1018 Burlington Ave, Unit 200 Missoula, MT 59801

    View on Map
    Sponsored
    For Lease
    $760 /Mo ($0.41 SF/Yr)

    COMMERCIAL - Missoula, MT

    Property size:
    650 SF
    Lot size:
    0.51 Acres
    Days on Market:
    117
    Last Refresh:
    Mar 7 at 2:06 am

    Property Features for 1018 Burlington Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    04220028344010000
    Size
    650 SF
    Lot size
    0.51 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1975
    Flooring type
    Carpet

    We can help!

    Listing Contact
    Kathi Olson

    Berkshire Hathaway Montana Properties (406) 721-4141

    Listing agent Kathi Olson (406) 544-7359 License #RRE-RBS-LIC-13865

    Listing date Nov 11, 2025

    MLS# 30002303

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Missoula Office Space For Lease

    This centrally located office space is available for lease. Situated on the second floor of a building located at the southwest corner of Burlington and Regent, the suite is accessible via the main entrance on Burlington, with stairs leading to the second floor. The office, positioned at the top of the stairs, features large south-facing windows. The layout includes two office areas, totaling approximately 650 square feet. Shared restrooms are available. NNN lease terms include taxes, insurance, common area maintenance, and utilities, covering both common areas and individual suite utilities. A lease sign is displayed on the suite. Access is facilitated by a lock box on the suite door. Parking options include a parking lot and street parking. The property is zoned for commercial use and is located in Missoula, MT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Jessica ... Insurance Agency Hahnstadt William A PHD Physician Kimberly R Harkins-Schuelke ... Physician Kirby Co Factory Home Care Montana Home Health Care Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.014349
    Latitude
    46.855362

    Nearby Similar for Lease

    • $750 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Upper-level office space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $950 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Upper-level office space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $800 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Upper-level office space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $1,050 /Mo
      3,528 SF

      Downtown Missoula Office Space Available

      Prime downtown office space with parking in historic Indy Building.
      207 E Main St, Missoula, MT 59802
      View Details
    • $750 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Upper-level office space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $950 /Mo
      3,528 SF

      Downtown Missoula Office Space Available

      Prime downtown office space with parking and flexible layout.
      207 E Main St, Missoula, MT 59802
      View Details
    • $1,050 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Prime downtown office space with parking and flexible layout.
      207 E Main St, Missoula, MT 59802
      View Details
    • $800 /Mo
      3,528 SF

      Downtown Missoula Office Space

      Prime downtown office space with parking and flexible layout.
      207 E Main St, Missoula, MT 59802
      View Details
    • $23 SF/Yr
      3,528 SF

      Downtown Missoula Office Space Available

      Prime commercial space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $23 SF/Yr
      3,528 SF

      Downtown Missoula Commercial Space

      Prime commercial space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $4,100 /Mo
      201,683 SF

      Missoula Industrial Space For Lease

      Light industrial units with office space and excellent visibility.
      6900 Kestrel Dr, Missoula, MT 59808
      View Details
    • $6,150 /Mo
      201,683 SF

      Missoula Industrial Space For Lease

      9,270 SF light industrial units with showroom and warehouse.
      6900 Kestrel Dr, Missoula, MT 59808
      View Details

    FAQs

    What type of property is this?
    Office units - Centrally located 650 SF office space for lease.
    Where is this office units located?
    The property is located at 1018 Burlington Ave, Unit 200 Missoula, MT.
    What is the lease rate?
    The lease rate is $0.41 SF/Yr.
    What are key features of this property?
    This property features: - Centrally located at the corner of Burlington and Regent.; - Lease includes taxes, insurance, common area maintenance, and utilities (NNN).; - Two office areas totaling 650 sf +/-.
    (406) 544-7359
    Request Owner's contact information
    1018 Burlington Ave, Unit 200 Missoula, MT 59801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1018 Burlington Ave, Unit 200
    Missoula, MT 59801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1018 Burlington Ave, Unit 200 Missoula, MT 59801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kathi Olson
    Real Estate License ID: RRE-RBS-LIC-13865
    (406) 544-7359 (406) 721-4141
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!