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Property profile & analytics
OFF-MARKET
Land

000 Discovery Dr Butte, MT 59701

3.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.12-acre commercial land parcel in Butte, Montana, presents a remarkable development opportunity. Located at 000 Discovery Drive, 59701, this fully entitled site is shovel-ready, with all necessary plans and permits secured for immediate construction. The approved plans detail a two-building, 56-unit apartment complex, perfectly positioned to capitalize on Butte's thriving growth and strong rental market. The complex design includes a mix of 24 studio, 24 two-bedroom/two-bathroom, and 8 one-bedroom/one-bathroom units, each featuring convenient resident storage lockers. This strategic location in Butte's city center offers unparalleled access to amenities such as the Butte Family YMCA, Montana Dance Works, and the Copper Mountain Sports and Recreation Complex, as well as easy access to Interstate 90. Butte's rich history, vibrant community, and robust local economy, bolstered by major employers and top-tier educational institutions like Montana Tech, create a highly desirable living environment. This is a rare chance to invest in a high-demand market with a proven track record of growth and development. The asking price for this exceptional property is $1,100,000. Don't miss this opportunity to secure a prime piece of Butte real estate and build a thriving apartment community.

Property profile
Verified
Property type Land
Lot 3.12 ac (135,907 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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