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Property profile & analytics
OFF-MARKET
Land

5065 Expressway Missoula, MT 59808

13.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 13.7 ac (596,772 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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