Search
Warehouse Facility with Cold Storage
For Sale
$4,500,000

5625 Expressway Drive, Missoula, MT 59808

CommercialSale, Missoula, MT

Property Size28,965 SF
Lot Size1.52 Acres
Price / SF$155.36
Days on Market181

Property Features for 5625 Expressway Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description M1-2
Parking 24
Exterior features Dock
Dock 1
Subdivision (MI3) MOMONT INDUSTRIAL PARK PHASE 2, LOT 3 Lot: 3
Lot features Level
Directions Easy to find location on Expressway Drive. Located near Big Sky Brewing.
Standard status Active
APN 04219901102230000
Lot size 1.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MOMONT INDUSTRIAL PARK - PHASE 2, LOT 3, S01, T13 N, R20 W, Lot 3A
Tax Annual Amount 24
Legal Description MOMONT INDUSTRIAL PARK - PHASE 2, LOT 3, S01, T13 N, R20 W, Lot 3A

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1995
Flooring type Carpet, Concrete
Roof type Metal
Listing Agency: Engel & Volkers Western Frontier - Missoula · Engel & Völkers
Listed By: Andrew Squires · License #RRE-BRO-LIC-88808
Added: Apr 9 Changed: Sep 16 Last Checked: Oct 6 at 8:06PM
MLS# 30068487

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 28,965-square-foot warehouse property includes a combination of office and industrial areas, concrete and carpet flooring, metal roofing, forced-air heat, and central air conditioning. The facility was constructed in 1995 and is fully sprinklered, with racking, grade-level doors, dock doors, and public water and sewer service. Its 3,655 square feet of cold storage includes cooler and freezer areas, while the remaining warehouse configuration provides 22,066 square feet of useable space and could accommodate expansion to 25,721 square feet by repurposing the temperature-controlled area.

The property occupies 1.52 acres in West Missoula, less than one mile from Interstate 90. A commercial zoning designation is identified in the property record, while the listing remarks separately reference M1-2; those conflicting classifications are not relied upon here.

Key Highlights

  • 28,965 SF industrial building constructed in 1995
  • 3,655 SF of cold storage with cooler and freezer areas
  • 22,066 SF of useable warehouse space, expandable to 25,721 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$255,499
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,109,980 $5.1M
Cap Rate 7%
$3,649,986 $3.6M
Cap Rate 9%
$2,838,878 $2.8M
Market Conditions
NOI Build-Up for 28,965 SF
Gross rent
$319.8K $11.04/SF
− Vacancy
−$19.2K −$0.66/SF
EGI
$300.6K $10.38/SF
− OpEx
−$45.1K −$1.56/SF
NOI
$255.5K $8.82/SF
Area
Missoula County, MT
Vacancy
6.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,109,980
Cap Rate 7%
$3,649,986
Cap Rate 9%
$2,838,878

Alternative Uses

Best Use
Warehouse
$3.65M
$3.19M – $4.26M (±1% cap)
NOI $255,499 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$3.01M
$2.63M – $3.51M (±1% cap)
NOI $210,411 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$8.35M
$7.31M – $9.74M (±1% cap)
NOI $584,586 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Distribution centers

Lease Details

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

228
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mr. T's Self Storage — 5075 Expressway, Missoula, MT 59808
  • All Star Self Storage — 4645 Harlequin Ct, Missoula, MT 59808
  • AutoConcierge — 5744 W Harrier, Missoula, MT 59808
  • Cheap Charley's Mini Storage — 6400 Kestrel Ct, Missoula, MT 59808

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building combining office space, warehouse areas, dock access, racking, and temperature-controlled storage.
Where is this warehouse located?
The property is located at 5625 Expressway Drive Missoula, MT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 28,965 SF industrial building constructed in 1995; 3,655 SF of cold storage with cooler and freezer areas; 22,066 SF of useable warehouse space, expandable to 25,721 SF
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again