5065 Expressway Missoula, MT 59808
This exceptional 13.7-acre commercial land parcel presents a rare development opportunity in Missoula, Montana, at 5065 Expressway. Zoned M1-R2, this site offers flexible usage, accommodating mixed-use, medical, or industrial projects. Located within city limits and boasting flat topography, it's a truly shovel-ready opportunity. Extensive groundwork has already been completed, including preliminary subdivision plans, a feasibility study, a geotechnical report, and even a condominium project plan for a portion of the land. A capped and buried fill area offers potential for a park or green space, subject to certain development restrictions. The property's strategic location is underscored by its proximity to several large ongoing developments, promising future community enhancements. Strong area demographics further bolster this investment: over 3,000 employed professionals within a one-mile radius, with an average household income exceeding $103,720 and a median home value of $377,616. The asking price is $5,250,000. APN: 04-2199-01-1-01-03-0000. The lease on any existing structures expired October 1, 2023.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.