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Warehouse with Monument Signage
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2610 S Reserve St, Missoula, MT 59801

Well-maintained, renovated facade warehouse with grade and truck loading, 23' clear height, and dedicated parking.

Property Size28,512 SF
Price / SF$182.03
Days on Market1043

Property Features for 2610 S Reserve St

General Information

Standard status Active
Size 28,512 SF
Property subtype RETAIL

Additional Details

Road Access Yes
Clear Height 23 ft

Amenities

monument signage
Listing Agency: Sterling CRE Advisors
Listed By: Connor McMahon · License #RRE-RBS-LIC-88267
Source: Moodyscre
Added: Sep 25, 2023 Changed: Jul 27 Last Checked: Aug 1 at 6:26AM

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 Sterling CRE Advisors

Investment Insights

Based on property information with market context.

This well-maintained warehouse features a renovated building facade and monument signage. The facility includes grade and truck loading, with hard-to-find 23' clear height, and is supported by a dedicated parking lot.

The property is located in a high-visibility area directly off South Reserve Street, with significant daily traffic volumes indicated in the remarks.

The site is zoned for commercial use, supporting a range of commercial occupancy needs that require direct grade access and truck loading within a clear-height warehouse environment.

Key Highlights

  • Renovated building facade with a well‑maintained exterior
  • Warehouse features grade and truck loading
  • Hard‑to‑find 23' clear height

Financial Insights For 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 $513.2k $18.00
− Vacancy −$10.3k −$0.36
EGI $503.0k $17.64
− OpEx −$150.9k −$5.29
NOI $352.1k $12.35
28,512 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$5.03M
$4.40M – $5.87M (±1% cap)
NOI $352,066 @ 7.0% cap · market cap 6.78%
Second Best
Warehouse
$3.59M
$3.14M – $4.19M (±1% cap)
NOI $251,503 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$8.22M
$7.19M – $9.59M (±1% cap)
NOI $575,443 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Real Estate Lending Credit Union Clearwater Credit Union Bank The Living Room Furniture & Home Goods DreamSleep Mattress Store Furniture & Home Goods

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23 ft
Clear height
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Well-maintained, renovated facade warehouse with grade and truck loading, 23' clear height, and dedicated parking.
Where is this warehouse located?
The property is located at 2610 S Reserve St Missoula, MT.
What is the asking price?
The asking price for this property is $5,190,000.
What are key features of this property?
This property features: Renovated building facade with a well‑maintained exterior; Warehouse features grade and truck loading; Hard‑to‑find 23' clear height
(406) 370-6424 Call to check price and availability
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