Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2829 Great Northern Loop Missoula, MT 59808

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2829 Great Northern Loop Missoula, MT 59808

    View on Map
    • Office properties & Spaces
    • 2,613 SF
    • 0.83 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kristin Spoon / Physician
    • Adaptiv Work.Space / Coworking & Hybrid Office
    • Kathryn Eriksson / Physician
    • Willow Griffith / Physician
    • Inner Peace Reiki / Alternative Medicine Practice

    Property Details for 2829 Great Northern Loop

    Year built
    2009
    Lot size
    0.83 lot acres
    Property size
    2,613 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional Class A medical office building, located at 2829 Great Northern Loop, Suite 300, Missoula, MT 59808, presents a unique owner-user investment opportunity. Built in 2009 and renovated the same year, this 2,613 square foot suite occupies the entire third floor of a three-story building on a 0.83-acre lot (APN: 04-2200-17-2-14-14-7300). The property boasts a thoughtfully designed layout, including a dedicated waiting area and ten private exam rooms, perfectly suited for various medical specialties. ADA compliance ensures accessibility for all patients. Ample parking is available in two dedicated lots. The convenient location near N Reserve and Broadway streets maximizes patient accessibility and practitioner convenience. The asking price is $899,000 ($344.05 per square foot). The M1R-2 zoning designation further enhances its suitability for medical use. This turnkey operation offers a strong investment potential in a thriving Missoula market, with excellent visibility and convenient access for both healthcare professionals and patients. Monument signage on Mullan Road provides enhanced visibility. The building features a lobby elevator and push-button main door opener for ADA accessibility. This property represents a secure investment in a robust market, offering a rare opportunity to establish or expand a medical practice in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.033
    Latitude
    46.8843

    Comparable in this City

    • Value Estimation by Request
      38,049 SF

      2360 Great Northern Ave

      MEDICAL BUILDING • 38,049 SF
      2360 Great Northern Ave, Missoula, MT 59808
      View Details
    • Value Estimation by Request
      7,128 SF

      2975 Stockyard Rd

      MEDICAL BUILDING • 7,128 SF
      2975 Stockyard Rd, Missoula, MT 59808-1557
      View Details
    • Value Estimation by Request
      24,372 SF

      2875 Tina Ave

      MEDICAL BUILDING • 24,372 SF
      2875 Tina Ave, Missoula, MT 59808-1581
      View Details
    • Value Estimation by Request
      11,815 SF

      3100 Great Northern Ave

      MEDICAL BUILDING • 11,815 SF
      3100 Great Northern Ave, Missoula, MT 59808-1539
      View Details
    • Value Estimation by Request
      9,720 SF

      Missoula, MT 59808

      MEDICAL BUILDING • 9,720 SF
      Missoula, MT 59808
      View Details
    • Value Estimation by Request
      31,106 SF

      2360 Mullan Rd

      MEDICAL BUILDING • 31,106 SF
      2360 Mullan Rd, Missoula, MT 59808-1811
      View Details

    Similar Nearby for Sale

    • $2,700,000
      2.65 Acres

      Prime Commercial Land in Missoula

      2.65 acres of flexibly zoned land in a retail hub.
      3627/3641 Union Pacific St, Missoula, MT 59808
      View Details
    • $925,000
      1.67 Acres

      Executive Office Condo, Missoula, MT

      New 2255 sq ft Office Condo - $925,000
      3760 Mullan Rd, Missoula, MT 59808
      View Details
    • Contact for pricing
      19,035 SF

      Missoula Office Building For Lease

      19,035 SF Office, 75% Occupied, Great Location
      2620 Connery Way, Missoula, MT 59808
      View Details
    • Contact for pricing
      4,031 SF

      Professional Office Suite in Missoula

      Well-appointed office suite in a desirable Missoula business district.
      2819 Great Northern Loop, Missoula, MT 59808
      View Details
    • Contact for pricing

      Mullan Crossing Office Condo Investment

      2,630 sqft office condo with long-term tenant.
      3760 Mullan Rd, Missoula, MT 59808
      View Details
    • $925,000
      2,255 SF

      Mullan Crossing Office Condominium

      2255 sqft office condominium for sale, new construction.
      3760 Mullan Rd, Missoula, MT 59808
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,717 SF

      Medical Office Space For Rent

      Professionally managed medical office space with convenient access and parking.
      2875 Tina Ave, Missoula, MT 59808
      View Details
    • Contact for pricing

      High-Visibility Commercial Development Opportunity

      Prime commercial land for development in a high-traffic Missoula location.
      2400 Michael Rd, Missoula, MT 59808
      View Details
    • $0.14 SF/Yr
      2,255 SF

      Mullan Crossing Office Condo

      Prime Office Space, Ready to Occupy
      3760 Mullan Rd, Missoula, MT 59808
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with tailored options for any business.
      3010 Santa Fe Ct, Missoula, MT 59808
      View Details
    • Contact for pricing

      Professional Office Space Available

      Refined office space in desirable Missoula business corridor.
      2829 Great Northern Loop, Missoula, MT 59808
      View Details
    • $6,150 /Mo
      201,683 SF

      Missoula Industrial Space For Lease

      9,270 SF light industrial units with showroom and warehouse.
      6900 Kestrel Dr, Missoula, MT 59808
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2829 Great Northern Loop
    Missoula, MT 59808
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2829 Great Northern Loop, Missoula, MT, 59808
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!