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Freestanding Flex Condo Building
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5463 Trumpeter Way, Missoula, MT 59808

Freestanding 4,377 SF commercial condo with private parking, open layout, and a grade-level overhead door.

Property Size4,377 SF
Price / SF$227.32
Days on Market373

Property Features for 5463 Trumpeter Way

General Information

Standard status Active
Size 4,377 SF
Total Parking Spaces 7
Property subtype OFFICE
Zoning C2-2

Additional Details

Highway Access Yes
Drive-In Doors 1

Building Details

Tenancy Single
Listing Agency: Sterling CRE Advisors
Listed By: Matt Mellott CCIM, SIOR
Source: Moodyscre
Added: Jul 25, 2025 Changed: Jul 27 Last Checked: Aug 1 at 2:14PM

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 freestanding commercial condo at Missoula Development Park offers exclusive occupancy within a condo association. The space is configured as a versatile retail/office/warehouse, with an open floor plan plus office or showroom potential. A grade-level overhead door supports warehouse access and flexible use, while private parking is available on-site.

The property is positioned for quick access to I-90, Missoula International Airport, and the North Reserve corridor. It also benefits from street parking as well.

Zoned C2-2 by the City of Missoula, the property provides permissive commercial zoning suitable for a range of uses, including office, warehouse, retail, and assembly uses.

Key Highlights

  • Standalone 4,377 SF commercial condo with exclusive occupancy within a condo association
  • Zoned C2‑2 (City of Missoula) with permissive commercial uses for office, warehouse, retail, and assembly
  • Versatile open floor plan with grade‑level overhead door plus office/showroom potential

Financial Insights For Flex RnD

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 $94.5k $21.60
− Vacancy −$11.3k −$2.59
EGI $83.2k $19.01
− OpEx −$29.1k −$6.65
NOI $54.1k $12.36
4,377 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$772.6K
$676.0K – $901.3K (±1% cap)
NOI $54,079 @ 7.0% cap · market cap 5.44%
Second Best
Office B
$728.8K
$637.7K – $850.2K (±1% cap)
NOI $51,014 @ 7.0% cap · market cap 5.13%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,339 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dayspring Restoration of Missoula Hardware & Home Improvement

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm HVAC Service Restaurant

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

1
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Well-served
Demand for This Use

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Freestanding 4,377 SF commercial condo with private parking, open layout, and a grade-level overhead door.
Where is this flex space located?
The property is located at 5463 Trumpeter Way Missoula, MT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Standalone 4,377 SF commercial condo with exclusive occupancy within a condo association; Zoned C2‑2 (City of Missoula) with permissive commercial uses for office, warehouse, retail, and assembly; Versatile open floor plan with grade‑level overhead door plus office/showroom potential
(406) 203-3950 Call to check price and availability
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