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    215-235 Grant St Missoula, MT 59801

    For Sale
    $1,035,000

    Missoula, MT: 9-unit townhome opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.565-acre land parcel in Missoula, Montana, presents a prime opportunity for a 9-unit townhome development. The proposed project, currently in the building permit process (anticipated issuance imminent), comprises two buildings. Building 1 will feature four units: two three-bedroom, two-bathroom units and two two-bedroom, one-and-three-quarter-bathroom units. Building 2 will include five units: two three-bedroom, two-bathroom units and three two-bedroom, one-and-three-quarter-bathroom units. All three-bedroom units boast double car garages, while two-bedroom units offer single car garages. This idyllic, quiet location is situated just blocks from the Good Food Store, providing convenient access to shopping and amenities. The property enjoys a tranquil setting, adjacent to the Milwaukee Bike Trail on its northern boundary, and offers quick access to Silver Park and Downtown Missoula. The asking price for this promising development opportunity is $1,035,000. The property is located at 215-235 Grant Street, Missoula, MT 59801.

    Property Features for 215-235 Grant St

    General Information

    Property type
    Land
    Lot Size
    24,611 SF

    HighLights

    • 0.565‑acre land parcel in Missoula, MT, ideal for a 9‑unit townhome development.
    • Building permits are pending issuance.
    • The project includes two buildings with a mix of two and three‑bedroom units.
    • Three‑bedroom units feature double car garages; two‑bedroom units have single car garages.
    • Convenient location near Good Food Store, Milwaukee Bike Trail, Silver Park, and Downtown Missoula.
    • Asking price: $1,035,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0262594
    Latitude
    46.8719677

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    FAQs

    What type of property is this?
    Land - Missoula, MT: 9-unit townhome opportunity
    Where is this land located?
    The property is located at 215-235 Grant St Missoula, MT.
    What is the asking price?
    The asking price for this property is $1,035,000.
    What are key features of this property?
    This property features: 0.565-acre land parcel in Missoula, MT, ideal for a 9-unit townhome development.; Building permits are pending issuance.; The project includes two buildings with a mix of two and three-bedroom units.
    Request Owner's contact information
    215-235 Grant St Missoula, MT 59801
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    Missoula, MT 59801
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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
    215-235 Grant St Missoula, MT 59801
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