Missoula, MT
Commercial Real Estate Market Trends & Data

$250 Avg asking sale price
$730 Avg asking lease rate
15,702 SF Avg unit lease size
19,571 SF Avg building size for sale
6.75% Average cap rate

Missoula's Demographic Profile

Missoula has 38,736 households and a median income of $63,753, providing context for rent absorption and tenant demand across retail and multifamily assets. A +9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 87,098
# Households 38,736
Median age 36
Median household income $63,753
Avg household size 2.0
Renter-occupied housing units 20,307
5-year population change +9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Missoula, MT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Missoula $299 8,905 SF 7.60%
Orofino $211 17,620 SF 7.96%
Kalispell $271 8,640 SF 5.89%
Nearby Retail Markets Avg Cost/SF Typical Size
Missoula $245 12,892 SF
Stevensville $152 3,426 SF
Seeley Lake $257 6,560 SF
Hamilton $96 13,000 SF
Bigfork $220 2,610 SF

Commercial Properties For Sale in Missoula

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

9170 Futurity Dr

Missoula, MT 59808

  • 5,424 SF Industrial Building
  • $1,199,995
For Sale

2610 S Reserve St

Missoula, MT 59801

  • 28,512 SF Retail Building
  • $4,975,000
For Sale

Prime 5-Acre Industrial Development Site

Missoula, MT 59808

  • 5 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

5840 Expressway

Missoula, MT 59808

  • 1.02 AC Lot
  • 1 Commercial Lot
  • $2,499,000
For Sale

5646 W Harrier Dr

Missoula, MT 59808

  • 11,497 SF Flex Building
  • $1,800,000
For Sale

8,000 SF Warehouse with Dock on +/- 1.7ac

Missoula, MT 59808

  • 8,050 SF Industrial Building
  • $1,799,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Missoula pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Missoula $250 19,571 SF
Arlee $154 5,000 SF
Bonner $115 103,103 SF
Stevensville $152 3,426 SF

Multifamily Properties For Sale in Missoula

For Sale

Ashlyn Place Apartments

Missoula, MT 59801

  • 109,521 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Missoula alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Missoula or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Missoula 87,098 38,736 36 $63,753 2 20,307 9%
Arlee 487 190 40 $56,363 3 53 7%
Stevensville 3,115 1,347 45 $47,795 2 528 20%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Missoula, MT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Missoula

View All Commercial Real Estate For Sale in Missoula
Is Missoula a good market for a first-time commercial real estate investor?

Missoula offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Missoula?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Missoula. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Missoula?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Missoula. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Missoula compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Missoula. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Missoula acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Missoula, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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