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    2103 River Rd Missoula, MT 59801

    For Sale
    $993,000

    0.88 Acres, 7-Unit Potential, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.88-acre residential land parcel presents a remarkable development opportunity in desirable Missoula, Montana. Located on a private cul-de-sac just off River Road, this property boasts unparalleled convenience and access to a wealth of amenities. The site is zoned to allow for the construction of up to seven residential units, making it an ideal investment for developers seeking a high-return project. City sewer hookup is already in place, streamlining the development process and saving significant time and expense. An existing home and garage are currently situated on the property, offering potential for renovation or removal to accommodate new construction. The location is truly exceptional, offering easy access to the Clark Fork River, The Good Food Store, the Milwaukee Bike Trail, La Fray Park, and the vibrant downtown area, as well as the North Reserve. This prime location combines the tranquility of a private setting with the convenience of proximity to Missoula's best offerings. The 59801 zip code ensures a highly sought-after address. This is a rare opportunity to acquire a well-situated, ready-to-develop property in a thriving Montana community. The asking price is $993,000.

    Property Features for 2103 River Rd

    General Information

    Property type
    Land
    Lot Size
    38,333 SF

    HighLights

    • $993,000 asking price.
    • 0.88‑acre residential land parcel.
    • Zoned for seven residential units.
    • Located on a private cul‑de‑sac off River Road in Missoula, MT.
    • City sewer connection in place.
    • Existing home and garage on site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grizzly Lawn & Snow Lawn Care Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.030244
    Latitude
    46.8754293

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    FAQs

    What type of property is this?
    Land - 0.88 Acres, 7-Unit Potential, Prime Location
    Where is this land located?
    The property is located at 2103 River Rd Missoula, MT.
    What is the asking price?
    The asking price for this property is $993,000.
    What are key features of this property?
    This property features: $993,000 asking price.; 0.88-acre residential land parcel.; Zoned for seven residential units.
    Request Owner's contact information
    2103 River Rd 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
    2103 River Rd Missoula, MT 59801
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