Restaurant and Golf Course
102 Ben Hogan Drive, Missoula, MT 59803
For Sale
$6,990,000
BusinessOpportunity, Missoula, MT
Property Size10,109 SF
Lot Size64.38 Acres
Price / SF$691.46
Days on Market756
Property Features for 102 Ben Hogan Drive
General Information
Property type
Property subtype
Zoning
Zoning description
Rooms
Parking
Parking features
Security features
Patio and Porch features
Interior features
Lot features
View
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Utilities
Heating system
Building Details
Year built
Listing Agency:
PureWest Real Estate Missoula
(406) 541-4000
Listed By:
Devin Khoury · License MT RRE-BRO-LIC-14766
(406) 207-8200
Added: Oct 18, 2024
Changed: Nov 2
Last Checked: Nov 12 at 7:06PM
MLS# 30038708
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.
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Investment Insights
Based on property information with market context.
This mixed-use property brings together a restaurant and golf course on 64.377 acres in Missoula. The 10,109-square-foot building was constructed in 1992 and includes a patio, garage, and driveway parking. The restaurant has indoor and outdoor seating, with large windows and an open-air patio; an all-beverage liquor license is also included.
Nearby trails and outdoor pathways link the restaurant with the adjacent golf course. Commercial zoning applies to the property.
Nearby trails and outdoor pathways link the restaurant with the adjacent golf course. Commercial zoning applies to the property.
Key Highlights
- 64.377‑acre mixed‑use property with a restaurant and golf course
- 10,109‑square‑foot building constructed in 1992
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,025
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,500
$4.1M
Cap Rate 7%
$2,914,643
$2.9M
Cap Rate 9%
$2,266,944
$2.3M
Market Conditions
NOI Build-Up for 10,109 SF
Gross rent
$279.0K $27.60/SF
− Vacancy
−$7.0K −$0.69/SF
EGI
$272.0K $26.91/SF
− OpEx
−$68.0K −$6.73/SF
NOI
$204.0K $20.18/SF
Area
Missoula County, MT
Vacancy
2.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,500
Cap Rate 7%
$2,914,643
Cap Rate 9%
$2,266,944
Alternative Uses
Best Use
Specialty Retail
$2.91M
$2.55M – $3.40M
NOI $204,025 @ 7.0% cap · market cap 2.92%
Second Best
Mixed Use
$1.02M
$890.9K – $1.19M
NOI $71,268 @ 7.0% cap · market cap 1.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 59803, MT
17,203
Population
6,813
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
97%
High-School Grad
97.0 sq mi
ZIP Area
177
Density / Sq Mi
$108,992
Median Household Income
$49,831
Median Earnings
$1,194
Median Rent
$492,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Missoula
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned acreage combines dining, golf, and space for outdoor seating.
Where is this mixed-use property located?
The property is located at 102 Ben Hogan Drive Missoula, MT.
What is the asking price?
The asking price for this property is $6,990,000.
What are key features of this property?
This property features: 64.377‑acre mixed‑use property with a restaurant and golf course; 10,109‑square‑foot building constructed in 1992; Commercial zoning
