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Professional Office Suite in Missoula
For Sale
$1,325,000

2819 Great Northern Loop 200, Missoula, MT 59808

Well-appointed office suite in a desirable Missoula business district.

Property Size4,031 SF
Price / SF$328.70
Days on Market207

Property Features for 2819 Great Northern Loop 200

General Information

Standard status Active
Size 4,031 SF

Building Details

Year Built 2008
Listing Agency: Windermere R E Missoula
Listed By: Kelly Mytty Donoghue
Source: Jasonbakerteam
Added: Mar 27 Changed: Oct 9 Last Checked: Oct 7 at 1:34PM

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 Windermere R E Missoula

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Investment Insights

Based on property information with market context.

Located in the Great Northern Loop business district, Suite 200 at 2819 Great Northern Loop in Missoula, MT, offers a commercial office suite suitable for various office or service-based businesses. The suite totals 4,031 square feet, including 3,561 square feet of private office space and 470 square feet of common area. Situated on the second floor, the suite benefits from abundant natural light and features multiple private offices, open work areas, and flexible meeting spaces. Elevator access ensures convenient entry for staff and visitors. The building is well-maintained with quality finishes. The property is conveniently located with easy access to Reserve Street, Interstate 90, and the greater Missoula commercial hub, and it benefits from strong surrounding businesses, restaurants, and services. Ample onsite parking is available for staff and visitors.

Key Highlights

  • Prime location in the desirable Great Northern Loop business district of Missoula.
  • Spacious 4,031 sq ft suite with a functional layout including private office space and common areas.
  • Convenient access to Reserve Street, Interstate 90, and the Missoula commercial hub.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,981
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,620 $939.6K
Cap Rate 7%
$671,157 $671.2K
Cap Rate 9%
$522,011 $522.0K
Market Conditions
NOI Build-Up for 4,031 SF
Gross rent
$84.7K $21.00/SF
− Vacancy
−$22.0K −$5.46/SF
EGI
$62.6K $15.54/SF
− OpEx
−$15.7K −$3.89/SF
NOI
$47.0K $11.66/SF
Area
Missoula County, MT
Vacancy
26.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,620
Cap Rate 7%
$671,157
Cap Rate 9%
$522,011

Alternative Uses

Best Use
Office B
$671.2K
$587.3K – $783.0K (±1% cap)
NOI $46,981 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,356 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Michael J. Scolatti, ... Physician PAML Patient Services ... Medical Laboratory Sandra Peasley, FNP-C, ... Association / Organization Caitlin Hickok Physician Renew Vitality Testosterone ... Physician

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 59808, MT

21,546
Population
9,938
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
97%
High-School Grad
157.1 sq mi
ZIP Area
137
Density / Sq Mi
$76,795
Median Household Income
$39,324
Median Earnings
$1,236
Median Rent
$419,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Well-appointed office suite in a desirable Missoula business district.
Where is this office unit located?
The property is located at 2819 Great Northern Loop 200 Missoula, MT.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Prime location in the desirable Great Northern Loop business district of Missoula.; Spacious 4,031 sq ft suite with a functional layout including private office space and common areas.; Convenient access to Reserve Street, Interstate 90, and the Missoula commercial hub.
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