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    2400 Michael Rd Missoula, MT 59808

    For Sale
    Contact for pricing

    19 Acres, Build-to-Suit Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 19.26-acre commercial land parcel in Missoula, Montana, presents a unique build-to-suit or joint venture opportunity. Located at 2400 Michael Road, this prime site boasts exceptional visibility from Interstate 90 and convenient access from Reserve Street, a high-traffic area. Zoned Community Commercial, the property allows for a mixed-use development, perfectly complementing the adjacent expanding residential area. The flat site features gravel soils and readily available water and sewer connections. New access roads were constructed in 2022, enhancing accessibility. Building pads of up to 80,000 square feet are available, making it ideal for a variety of commercial ventures, including hospitality, medical, and retail uses. The property's proximity to the Reserve Street commercial corridor, schools, job centers, community services, and recreational areas like Snowbowl ski resort and numerous trails, adds significant value. Missoula's thriving economy, fueled by the University of Montana, St. Patrick's Hospital, Community Medical Center, and a growing tech sector, ensures a strong market for this development opportunity. The seller is open to build-to-suit arrangements, joint ventures with developers, or ground leases. APN: 04-2200-05-3-01-03-0000. This is an unparalleled chance to capitalize on Missoula's robust growth and create a landmark commercial development.

    Property Features for 2400 Michael Rd

    General Information

    Property type
    Land
    Lot Size
    838,966 SF

    HighLights

    • High‑visibility I‑90 frontage along Grant Creek.
    • Adjacent to a growing residential community.
    • Build‑ready pads up to 80,000 square feet available.
    • Utilities (water & sewer) readily accessible.
    • Level site with gravel substrate.
    • New access roads completed in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0386968
    Latitude
    46.9134715

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    FAQs

    What type of property is this?
    Land - 19 Acres, Build-to-Suit Available
    Where is this land located?
    The property is located at 2400 Michael Rd Missoula, MT.
    What are key features of this property?
    This property features: High-visibility I-90 frontage along Grant Creek.; Adjacent to a growing residential community.; Build-ready pads up to 80,000 square feet available.
    Request Owner's contact information
    2400 Michael Rd Missoula, MT 59808
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    Missoula, MT 59808
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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
    2400 Michael Rd Missoula, MT 59808
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