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    3510 Hwy 200 Missoula, MT 59802

    Sponsored
    For Sale
    $775,000

    25-Unit Apartment Complex Potential, Highway 200 E

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.409-acre property in Missoula, Montana, presents a unique investment opportunity. Located directly off Highway 200 E in East Missoula, this land offers pre-approved plans for a 25-unit apartment or condo complex, ready for immediate ground-breaking. The property's zoning allows for mixed-use development, providing flexibility for future expansion or alternative uses. Situated in a rapidly growing area, this site benefits from its proximity to existing amenities in East Missoula and the scenic Clark Fork River, enhancing the desirability for potential residents. The property's strategic location and the potential for a nearby neighborhood center further solidify its investment potential. Detailed plans for the 25-unit development are available, allowing for a swift and efficient construction timeline. This is a prime opportunity to capitalize on the burgeoning real estate market in East Missoula, Montana, with a property poised for immediate development and strong rental demand. The address is 3510 HWY 200 E, Missoula, MT 59802. The asking price is $775,000.

    Property Features for 3510 Hwy 200

    General Information

    Property type
    Multifamily properties
    Lot Size
    17,816 SF

    HighLights

    • 0.409‑acre lot in Missoula, MT, at 3510 HWY 200 E, Missoula, MT 59802, priced at $775,000.
    • Pre‑approved plans for a 25‑unit multifamily development (apartments or condos).
    • Mixed‑use zoning allows for flexibility in future development.
    • Located in a rapidly growing area of East Missoula, near amenities and the Clark Fork River.
    • Detailed development plans available for immediate construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.9488005
    Latitude
    46.8693939

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    FAQs

    What type of property is this?
    Multifamily property - 25-Unit Apartment Complex Potential, Highway 200 E
    Where is this multifamily property located?
    The property is located at 3510 Hwy 200 Missoula, MT.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: 0.409-acre lot in Missoula, MT, at 3510 HWY 200 E, Missoula, MT 59802, priced at $775,000.; Pre-approved plans for a 25-unit multifamily development (apartments or condos).; Mixed-use zoning allows for flexibility in future development.
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    3510 Hwy 200 Missoula, MT 59802
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    Missoula, MT 59802
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    Realmo Value Estimation

    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.

    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.

    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
    3510 Hwy 200 Missoula, MT 59802
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