Industrial Flex Condo with
5730 Expressway F, Missoula, MT 59808
For Sale
$439,000
Missoula, MT
Property Size2,120 SF
Price / SF$207.08
Days on Market50
Property Features for 5730 Expressway F
General Information
Property type
Property subtype
Standard status
Building Details
Year built
Listing Agency:
Engel & Volkers Missoula · Engel & Völkers
(406) 926-3322
Listed By:
Chris Bristol
Added: Sep 26
Changed: Oct 2
Last Checked: Nov 14 at 1:06AM
MLS# 30078920
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.
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Investment Insights
Based on property information with market context.
Built in 2021, this flex-space condominium combines finished office and showroom areas with an open warehouse and mezzanine storage. The warehouse has approximately 18-foot clear height and a 14-foot grade-level overhead door. The unit includes two designated parking spaces, with additional common parking available within the development.
The property is on Expressway in Missoula’s North Reserve commercial corridor, approximately half a mile from the I-90 interchange, with access to Reserve Street and Missoula Montana Airport. It is leased on a NNN basis to an established tenant.
The property is on Expressway in Missoula’s North Reserve commercial corridor, approximately half a mile from the I-90 interchange, with access to Reserve Street and Missoula Montana Airport. It is leased on a NNN basis to an established tenant.
Key Highlights
- 2,120‑square‑foot flex condominium built in 2021
- Approximately 18‑foot warehouse clear height
- 14‑foot grade‑level overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,193
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Highway access
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
$419,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Missoula, MT
Properties on Market for Flex space in Missoula
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Finished office and showroom space adjoins an open warehouse with grade-level loading.
Where is this flex space located?
The property is located at 5730 Expressway F 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: 2,120‑square‑foot flex condominium built in 2021; Approximately 18‑foot warehouse clear height; 14‑foot grade‑level overhead door
