Industrial Flex Condominium with
New
For Sale
$439,000
5730 Expressway Unit F F, Missoula, MT 59808
Office and showroom space complement an open warehouse, with a current tenant under a NNN lease.
Property Size2,120 SF
Price / SF$207.08
Days on Market2
Property Features for 5730 Expressway Unit F F
General Information
Standard status
Active
Size
2,120 SF
Total Parking Spaces
2
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Additional Details
Tenant in Place
Yes
Property Use
Industrial/Flex
Building Details
Year Built
2021
Listing Agency:
Engel & Völkers Western Frontier - Missoula
(406) 926-3322
Listed By:
Chris Bristol · License #RRE-RBS-LIC-119046
(406) 880-7695
Source:
Hrrealtymt
Added: Oct 26
Last Checked: Oct 26 at 3:45PM
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 Engel & Völkers Western Frontier - Missoula
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Investment Insights
Based on property information with market context.
Built in 2021, this 2,120-square-foot flex condominium pairs 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. Two designated parking spaces are included, with additional access to shared parking within the development. The property is leased on a NNN basis.
Located in Missoula’s North Reserve commercial corridor, the unit is approximately half a mile from the I-90 interchange, with access to Reserve Street and Missoula Montana Airport.
Located in Missoula’s North Reserve commercial corridor, the unit is approximately half a mile from the I-90 interchange, with access to Reserve Street and Missoula Montana Airport.
Key Highlights
- 2,120‑square‑foot condominium built in 2021
- Finished office and showroom areas alongside open warehouse space
- Mezzanine storage; warehouse has approximately 18‑foot clear height
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
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
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
Frequently Asked Questions
What type of property is this?
Flex space - Office and showroom space complement an open warehouse, with a current tenant under a NNN lease.
Where is this flex space located?
The property is located at 5730 Expressway Unit F 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 condominium built in 2021; Finished office and showroom areas alongside open warehouse space; Mezzanine storage; warehouse has approximately 18‑foot clear height
