4685 Expressway, Missoula, MT, 59808
About This Home
"Exciting Investment Property! Cap Rate 7.6 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 M1R-2. 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.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1994
Type & Style
- Home type: SingleFamily
Property
Lot
- Lot size: 5.19 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Ice Storm
- Winter Weather
- Earthquake
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Missoula County and Montana
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,192 | $206,304 |
| Home Insurance | $930 | $11,160 |
| Property Taxes | $2,210 | $26,520 |
| Electricity | $151 | $1,812 |
| Total | $20,483 | $245,796 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-09 | Listed for sale | $3,400,000 |
| 2020-12-14 | Sold | -- |
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