4685 Expressway, Missoula, MT 59808
Commercial Sale, Other - Missoula, MT
- Added:
- Jun 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 9 at 11:06 pm
Property Features for 4685 Expressway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- UMU urban mixed
- Standard status
- Active
- APN
- 04219901101020000
- Lot size
- 5.19 Acres
Building Details
- Year built
- 1994
- Architectural style
- Other
Listing agent Sharon Gordon (406) 239-1614
Listing office Engel & Völkers Missoula 321 N. Higgins Ave, Missoula, MT (406) 926-3322
Listing date Jun 9, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5.19 acres total: includes 21,590 SF industrial building plus 1,930 SF office building
- 2.54 acres leased land with rent of $15,544/month and 3% annual increases
- NNN lease: tenant pays 78% of taxes and all insurance for building and land
- Lease in place until April 2029 with ability to extend
- Also includes 2.65 acres undeveloped land
- Test pits completed in January 2026 (10 ft deep) found crushed asphalt and concrete with native soils; Phase I report available
Overview
The property is located at 4685 Expressway in Missoula, Montana, with zoning listed as UMU urban mixed. The current arrangement is described as NNN, with the tenant paying 78% of taxes and all building and land insurance. The lease is in place until April 2029, with an ability to extend.
This configuration can be suitable for buyers seeking an income-producing industrial asset paired with an office component, while also holding additional undeveloped acreage. The documentation around drainage planning and subsurface findings is intended to support continued planning for the remaining land, consistent with the city-confirmed approach referenced in the materials.
Local Financial Insights For Office B
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 | $493.9k | $21.00 |
| − Vacancy | −$128.4k | −$5.46 |
| EGI | $365.5k | $15.54 |
| − OpEx | −$91.4k | −$3.89 |
| NOI | $274.1k | $11.66 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Cheap Charley's Mini Storage — 6400 Kestrel Ct, Missoula, MT 59808
- Storage Rentals of America — 6385 U.S. Highway 10 W, Missoula, MT 59808
- Dry Dock Rv & Yacht — 6385 U.S. Highway 10 W, Missoula, MT 59808
Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -114.063083
- Latitude
- 46.913618