Bank Building with
For Sale
$1,790,000
4500 Expy, Missoula, MT 59808
Former financial institution building with offices, customer lobby, private parking, and direct access along Expressway.
Property Size3,596 SF
Lot Size1.90 Acres
Price / SF$497.78
Days on Market88
Property Features for 4500 Expy
General Information
Standard status
Active
Size
3,596 SF
Lot size
1.90 Acres
Additional Details
Drive-Thru
Yes
Amenities
drive-up infrastructure
private offices
open-concept lobby
automatic doors
covered entryway
mature landscaping
ample private parking
Building Details
Year Built
2007
Buildings
1
Construction
stone
Listing Agency:
Windermere R E Missoula
Listed By:
Tarah Hillesland · License #RRE-RBS-LIC-119055
(406) 370-8550
Source:
Jasonbakerteam
Added: Jul 20
Changed: Oct 14
Last Checked: Oct 7 at 3:21PM
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
Investment Insights
Based on property information with market context.
This former bank property includes a 3,000+ square foot building on a 1.9-acre site. The interior provides four private offices, an open lobby, separate men’s and women’s restrooms, ceramic tile flooring, and automatic entry doors. A drive-up component remains in place, supporting the building’s original banking configuration.
Constructed in 2007, the property features a stone exterior and a covered entrance with custom wood beams. Private parking and mature landscaping serve the site, while its position along Expressway provides access and visibility. The property is adjacent to the Canyon Creek neighborhood in Missoula, Montana.
Constructed in 2007, the property features a stone exterior and a covered entrance with custom wood beams. Private parking and mature landscaping serve the site, while its position along Expressway provides access and visibility. The property is adjacent to the Canyon Creek neighborhood in Missoula, Montana.
Key Highlights
- 3,000+ square foot former bank building on 1.9 acres
- Drive‑up infrastructure remains in place
- Four private offices and an open‑concept lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,576
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,520
$1.5M
Cap Rate 7%
$1,036,800
$1.0M
Cap Rate 9%
$806,400
$806.4K
Market Conditions
NOI Build-Up for 3,596 SF
Gross rent
$99.2K $27.60/SF
− Vacancy
−$2.5K −$0.69/SF
EGI
$96.8K $26.91/SF
− OpEx
−$24.2K −$6.73/SF
NOI
$72.6K $20.18/SF
Area
Missoula County, MT
Vacancy
2.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,520
Cap Rate 7%
$1,036,800
Cap Rate 9%
$806,400
Alternative Uses
Best Use
Specialty Retail
$1.04M
$907.2K – $1.21M
NOI $72,576 @ 7.0% cap · market cap 4.05%
Second Best
Retail
$634.3K
$555.0K – $740.1K
NOI $44,403 @ 7.0% cap · market cap 2.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Bank - Former financial institution building with offices, customer lobby, private parking, and direct access along Expressway.
Where is this bank located?
The property is located at 4500 Expy Missoula, MT.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 3,000+ square foot former bank building on 1.9 acres; Drive‑up infrastructure remains in place; Four private offices and an open‑concept lobby
