Third-Floor Medical Office
2831 Fort Missoula, Missoula, MT 59804
For Sale
$340,000
Pending
Third-floor condo with elevator access, updated interiors, and four treatment rooms within a campus medical center.
Property Size1,200 SF
Days on Market130
Property Features for 2831 Fort Missoula
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Garage: Additional Parking
Additional Parking
Listing Agency:
Point 6 Real Estate, LLC
Listed By:
Josh Plum · License MT RRE-BRO-LIC-75379
(406) 544-5014
Source:
Clearwaterproperties
Added: Jul 4
Changed: Nov 9
Last Checked: Nov 10 at 7:51AM
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 Point 6 Real Estate, LLC
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Investment Insights
Based on property information with market context.
Well maintained 1,200 SF medical or professional condo located on the third floor of Building 2 at the Community Medical Center campus. The elevator-served building provides convenient accessibility and parking.
Inside, the suite features updated interior improvements including new flooring and fresh paint. A remodeled private bathroom is included within the unit, along with shared public restrooms in the building. The functional layout offers a large lobby and reception area, four treatment rooms (three equipped with sinks), and a dedicated break/Lab space.
Ownership is supported by an association that covers building maintenance and utilities, with the exception of electric and internet. The condo setting is designed for medical, wellness, or professional medical support uses within the campus environment.
Inside, the suite features updated interior improvements including new flooring and fresh paint. A remodeled private bathroom is included within the unit, along with shared public restrooms in the building. The functional layout offers a large lobby and reception area, four treatment rooms (three equipped with sinks), and a dedicated break/Lab space.
Ownership is supported by an association that covers building maintenance and utilities, with the exception of electric and internet. The condo setting is designed for medical, wellness, or professional medical support uses within the campus environment.
Key Highlights
- 1,200 SF third‑floor medical/professional condo in Building 2 at the Community Medical Center campus
- Elevator‑served building with additional parking on site for patient/visitor access
- Updated interiors include new flooring and fresh paint throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,239
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,780
$324.8K
Cap Rate 7%
$231,986
$232.0K
Cap Rate 9%
$180,433
$180.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$30.2K $25.20/SF
− Vacancy
−$3.2K −$2.65/SF
EGI
$27.1K $22.55/SF
− OpEx
−$10.8K −$9.02/SF
NOI
$16.2K $13.53/SF
Area
Missoula County, MT
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,780
Cap Rate 7%
$231,986
Cap Rate 9%
$180,433
Alternative Uses
Best Use
Healthcare Medical
$232.0K
$203.0K – $270.7K
NOI $16,239 @ 7.0% cap · market cap 4.78%
Second Best
Office B
$199.8K
$174.8K – $233.1K
NOI $13,986 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$346.0K
$302.7K – $403.7K
NOI $24,219 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 59804, MT
8,193
Population
3,487
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
97%
High-School Grad
126.3 sq mi
ZIP Area
65
Density / Sq Mi
$74,877
Median Household Income
$41,975
Median Earnings
$1,138
Median Rent
$507,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Third-floor condo with elevator access, updated interiors, and four treatment rooms within a campus medical center.
Where is this medical office space located?
The property is located at 2831 Fort Missoula Missoula, MT.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,200 SF third‑floor medical/professional condo in Building 2 at the Community Medical Center campus; Elevator‑served building with additional parking on site for patient/visitor access; Updated interiors include new flooring and fresh paint throughout
