Commercial · Missoula, MT 59808

4685 Expressway, Missoula, MT 59808

Missoula, MT 59808

$3,400,000

ActiveMLS® 30072297

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ActiveMLS® 30072297
$3,400,000
4685 Expressway, Missoula, MT 59808
Bds Ba Sq.Ft. 5.19 Ac
Description

"Exciting Investment Property! Cap Rate 5.6% and room to build!" Featuring 5.19 Acres and offering 2.54 acres Leased with approximately 21,590 sqft Industrial building being used for light industrial plus approximately 1930 sqft office building. Included is 2.65 acres undeveloped land ready to be built on. Zoned U-MU1,. The Rent brings in $15,544 a month NNN they pay 78% tax and all insurance for building and land with a 3% increase annually. The lease is in place until April 2029 with ability to extend. The owner has had a PRT meeting with the city and has been approved to have drainage run in the front ditch along Expressway and use the community pond, which gives the ability to develop the entire property without creating stormwater containment ponds. This was confirmed by IMEG but should always have verified. HMH Engineering excavated 4 test pits on the property undeveloped and went 10 feet deep in January of 2026. Upon excavation, what was found was crushed asphalt and concrete with native soils, a Phase I report was completed and available. *This property also has a Burlington Railroad spur on it and through it. The road running through it makes it perfect for building and accessibility to the vacant acres.

Exterior and Construction
  • Construction Slab
Land and Lot
  • Lot size 5.19 acres (226,076 sq ft)
Location and Zoning
  • Zoning Commercial
  • Zoning description U-MU1 or Urban Mixed
  • County Missoula
  • Neighborhood Grant Creek
Schools
  • School District Hellgate Elementary School District
Tax and Legal
  • Annual tax $55,884
  • Tax year 2025
  • Parcel number 04219901101020000
  • Legal description S01, T13N, R20W, C.O.S 5891, Parcel A1

Listing Information

Listing Agent
Sharon Gordon
Listing Office
Engel & Völkers Western Frontier - Missoula
MLS logo

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