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    2501 S Russell Street, Missoula, MT 59801

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    High-exposure Missoula property with strong income and development potential.

    Type:Industrial
    Property size:
    11,600 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $154/SF
    Added:
    Sep 23, 2023
    Days on Market:
    1009
    Last Refresh:
    May 12 at 10:50 pm

    Property Features for 2501 S Russell Street

    General Information

    Standard status
    Active
    Size
    11,600 SF
    Lot size
    0.50 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1953

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    Devin Khoury
    Devin Khoury

    Listing office SVN PureWest

    Listing date Sep 23, 2023

    Source Crexi

    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 SVN PureWest

    HighLights

    • High‑traffic location at the intersection of Brooks and Russell with approximately 50,000 cars/day.
    • Generates approximately $19,000/month in net rents.
    • Consists of two established businesses: Pruyn Veterinary Clinic and Point Vitamin shop.
    • Total building area of approximately 11,600 sq ft.
    • Situated on over 1/2 an acre across two legally separate parcels.
    • Option to purchase each parcel separately.

    Overview

    Located at the intersection of Brooks and Russell in Missoula, this property offers Class A exposure. The property, situated at 2501 S Russell Street and 2400 Brooks St, includes the Pruyn Veterinary Clinic and the Point Vitamin shop. The buildings generate approximately $19,000 per month in net rents. The location benefits from high traffic, with almost 50,000 cars per day passing through the intersection. The property consists of approximately 11,600 square feet of building space on over 1/2 an acre, divided between two separate legal parcels. The owner is open to selling each parcel separately.

    Local Financial Insights For Healthcare Medical

    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 $292.3k $25.20
    − Vacancy −$30.7k −$2.65
    EGI $261.6k $22.55
    − OpEx −$104.7k −$9.02
    NOI $157.0k $13.53
    11,600 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.24M
    $1.96M – $2.62M (±1% cap)
    NOI $156,976 @ 7.0% cap · market cap 8.75%
    Second Best
    Retail
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,237 @ 7.0% cap · market cap 7.98%
    Theoretical Best
    Specialty Retail
    $3.34M
    $2.93M – $3.90M (±1% cap)
    NOI $234,117 @ 7.0% cap · market cap 13.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0187837
    Latitude
    46.8476527

    FAQs

    What type of property is this?
    Mixed-use property - High-exposure Missoula property with strong income and development potential.
    Where is this mixed-use property located?
    The property is located at 2501 S Russell Street Missoula, MT.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: High‑traffic location at the intersection of Brooks and Russell with approximately 50,000 cars/day.; Generates approximately $19,000/month in net rents.; Consists of two established businesses: Pruyn Veterinary Clinic and Point Vitamin shop.
    (406) 207-8200 Call to check price and availability
    More about this property
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