Flex Space with 13-Foot
2424 Garfield, Missoula, MT 59801
For Sale
New
Contact for pricing
An open layout includes office or storage support space and off-street parking.
Property Size2,400 SF
Price / SF$1.17
Days on Market7
Property Features for 2424 Garfield
General Information
Standard status
Size
Property subtype
Amenities
1.00
1
Listing Agency:
Gary Clark Realty
Listed By:
Gary Clark · License #45509
(406) 240-0818
Source:
Clearwaterproperties
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 7 at 6:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gary Clark Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex space features an open main room with 13-foot ceilings, plus additional area suited to office or storage functions. The layout supports a range of uses, with off-street parking available.
The property is near Brooks Street and Southgate Mall. Heat and electricity are included in the rent.
The property is near Brooks Street and Southgate Mall. Heat and electricity are included in the rent.
Key Highlights
- 2,400 square feet of flex space
- Open main room with 13‑foot ceilings
- Separate support area for office or storage use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,434
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,680
$348.7K
Cap Rate 7%
$249,057
$249.1K
Cap Rate 9%
$193,711
$193.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$26.5K $11.04/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$24.9K $10.38/SF
− OpEx
−$7.5K −$3.11/SF
NOI
$17.4K $7.26/SF
Area
Missoula County, MT
Vacancy
6.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,680
Cap Rate 7%
$249,057
Cap Rate 9%
$193,711
Alternative Uses
Best Use
Flex RnD
$423.6K
$370.7K – $494.2K
NOI $29,652 @ 7.0% cap · market cap 1,059.00%
Second Best
Industrial
$249.1K
$217.9K – $290.6K
NOI $17,434 @ 7.0% cap · market cap 622.64%
Theoretical Best
Specialty Retail
$692.0K
$605.5K – $807.3K
NOI $48,438 @ 7.0% cap · market cap 1,729.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59801, MT
30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Missoula, MT
Properties on Market for Flex space in Missoula
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Montana Jack's — 2021 South Ave W, Missoula, MT 59801
- J bar K Cocktail Catering — 1105 Stephens Ave, Missoula, MT 59801
Frequently Asked Questions
What type of property is this?
Flex space - An open layout includes office or storage support space and off-street parking.
Where is this flex space located?
The property is located at 2424 Garfield Missoula, MT.
What are key features of this property?
This property features: 2,400 square feet of flex space; Open main room with 13‑foot ceilings; Separate support area for office or storage use
