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Second-Floor Office Units
For Sale
$925,000

D-3760 Mullan Rd, Missoula, MT 59808

New-construction space includes private entry, parking, and a customizable interior plan.

Property Size2,255 SF
Price / SF$410.20
Days on Market584

Property Features for D-3760 Mullan Rd

General Information

Standard status Active
Size 2,255 SF

Additional Details

Floor 2

Taxes and HOA fees

Annual Taxes $6,136

Building Details

Year Built 2023
Listing Agency: Eagen Real Estate
Listed By: Jessie Eagen · License #8043
Source: Exprealty
Added: Mar 17, 2025 Changed: Oct 6 Last Checked: Oct 19 at 12:28PM

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 Eagen Real Estate

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Investment Insights

Based on property information with market context.

This 2255 sqft office unit occupies the 2nd floor of Building #2 at Mullan Crossing. The new-construction space is planned for completion in summer 2023 and provides an adaptable interior that can be configured according to the purchaser’s design requirements. A private entrance is included, along with parking for the property.

The office condominium is located at D-3760 Mullan Rd in Missoula, north of Mullan Rd and west of Reserved St, just off Clark Fork Ln. Its unfinished interior allows the final layout and level of finish to be established before delivery, subject to construction requirements.

Key Highlights

  • 2255 sqft office condominium on the 2nd floor of Building #2
  • New construction planned for completion in summer 2023
  • Private entrance included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,282
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,640 $525.6K
Cap Rate 7%
$375,457 $375.5K
Cap Rate 9%
$292,022 $292.0K
Market Conditions
NOI Build-Up for 2,255 SF
Gross rent
$47.4K $21.00/SF
− Vacancy
−$12.3K −$5.46/SF
EGI
$35.0K $15.54/SF
− OpEx
−$8.8K −$3.89/SF
NOI
$26.3K $11.66/SF
Area
Missoula County, MT
Vacancy
26.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,640
Cap Rate 7%
$375,457
Cap Rate 9%
$292,022

Alternative Uses

Best Use
Office B
$375.5K
$328.5K – $438.0K (±1% cap)
NOI $26,282 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$650.2K
$568.9K – $758.5K (±1% cap)
NOI $45,512 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Dental Office (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - New-construction space includes private entry, parking, and a customizable interior plan.
Where is this office unit located?
The property is located at D-3760 Mullan Rd Missoula, MT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2255 sqft office condominium on the 2nd floor of Building #2; New construction planned for completion in summer 2023; Private entrance included
More about this property
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