102 Ben Hogan Drive Missoula Missoula, MT 59803
Turnkey fine dining restaurant with open-air patio and large windows, adjacent to a maintained Highlands golf course.
Property Features for 102 Ben Hogan Drive Missoula
General Information
- Standard status
- Active
- Size
- 10,109 SF
- Lot size
- 65.00 Acres
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 1992
Listing office (406) 795-7774
Listing date Jul 15, 2026
Source Exitrealtyhelena
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All listing content including descriptions, pricing, images are the copyrighted material of Lynnette Avery
Investment Insights
Based on property information with market context.
The Highlands Golf course is described as meticulously maintained and designed to accommodate golfers of all levels. The restaurant and golf course are connected through adjacent outdoor pathways and trails, creating a combined dining and outdoor recreation setting.
The property is further described as offering room for outbuildings or expansion, with undeveloped pockets of land noted for potential rental development or employee housing. The restaurant is also positioned as a venue for weddings and special gatherings, including private and corporate events.
Key Highlights
- 64.377‑acre property with golf course frontage and landscaped grounds, including meadow, level areas, and in‑ground sprinklers
- Restaurant setup with large windows and an open‑air patio, plus indoor‑outdoor use connected to the adjacent Highlands golf course
- All‑beverage liquor license included (per remarks), offering potential for expanded event and catering revenue
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.0k | $27.60 |
| − Vacancy | −$7.0k | −$0.69 |
| EGI | $272.0k | $26.91 |
| − OpEx | −$68.0k | −$6.73 |
| NOI | $204.0k | $20.18 |
