Flex Warehouse with
For Sale
Contact for pricing
5730 Expressway, Missoula, MT 59808
Industrial flex suite features a grade-level loading door, 1,300 SF office, restroom, and 1,820 SF warehouse plus mezzanine storage.
Property Size2,120 SF
Price / SF$207.08
Days on Market428
Property Features for 5730 Expressway
General Information
Standard status
Active
Size
2,120 SF
Property subtype
INDUSTRIAL
Listing Agency:
Sterling CRE Advisors
(406) 203-4547
Listed By:
Matt Mellott CCIM, SIOR
(406) 203-3950
Source:
Moodyscre
Added: Jul 25, 2025
Changed: Sep 17
Last Checked: Sep 24 at 4:21PM
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 Sterling CRE Advisors
Investment Insights
Based on property information with market context.
This flex warehouse suite includes a 12' x 14' grade-level loading door and a combined layout with office and warehouse space. The property offers a 1,300 SF office with a restroom and an additional 1,820 SF warehouse area, plus mezzanine space for extra storage.
Parking is available in front of the suite with two spaces included, and additional parking may be available for an additional fee.
Designed to support both work space and light logistics needs, the configuration balances an on-site office component with warehouse and mezzanine storage within the same suite.
Parking is available in front of the suite with two spaces included, and additional parking may be available for an additional fee.
Designed to support both work space and light logistics needs, the configuration balances an on-site office component with warehouse and mezzanine storage within the same suite.
Key Highlights
- Grade‑level 12' x 14' loading door
- 1,300 SF office with restroom
- 1,820 SF warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,193
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$523,860
$523.9K
Cap Rate 7%
$374,186
$374.2K
Cap Rate 9%
$291,033
$291.0K
Market Conditions
NOI Build-Up for 2,120 SF
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.
Gross rent
$45.8K $21.60/SF
− Vacancy
−$5.5K −$2.59/SF
EGI
$40.3K $19.01/SF
− OpEx
−$14.1K −$6.65/SF
NOI
$26.2K $12.36/SF
Area
Missoula County, MT
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$523,860
Cap Rate 7%
$374,186
Cap Rate 9%
$291,033
Alternative Uses
Best Use
Flex RnD
$374.2K
$327.4K – $436.6K
NOI $26,193 @ 7.0% cap · market cap 5.97%
Second Best
Warehouse
$267.1K
$233.8K – $311.7K
NOI $18,700 @ 7.0% cap · market cap 4.26%
Theoretical Best
Specialty Retail
$611.2K
$534.8K – $713.1K
NOI $42,787 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
221
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex suite features a grade-level loading door, 1,300 SF office, restroom, and 1,820 SF warehouse plus mezzanine storage.
Where is this flex space located?
The property is located at 5730 Expressway Missoula, MT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Grade‑level 12' x 14' loading door; 1,300 SF office with restroom; 1,820 SF warehouse space
