Freestanding Flex Condo
For Sale
Contact for pricing
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
(406) 203-3950
Listed By:
Matt Mellott CCIM, SIOR
(406) 203-3950
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.
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
NOI $54,079 @ 7.0% cap · market cap 5.44%
Second Best
Office B
$728.8K
$637.7K – $850.2K
NOI $51,014 @ 7.0% cap · market cap 5.13%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,339 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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