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    Wyoming St Missoula, MT 59801

    For Sale
    $5,180,000

    5.88 Acres, Prime Downtown Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.88-acre land parcel presents a unique mixed-use development opportunity in Missoula, Montana's vibrant Old Sawmill District (OSD). Located near downtown Missoula, this high-profile site offers unparalleled access to the Clark Fork River, Ogren Park at Allegiance Field, Silver Park, and miles of paved trails. The OSD boasts a successful track record of achieving top-of-market rents and sale prices for existing properties, creating a strong foundation for future development. This property is ideally situated for a variety of uses, including single-family homes, townhomes, multi-family residences, hospitality, office, and retail spaces. Numerous lots are platted and ready for immediate construction, providing a significant advantage for developers. The site's proximity to downtown Missoula's amenities, including restaurants, galleries, and businesses, further enhances its appeal. The seller will also consider joint venture opportunities with qualified developers. This offering represents a rare chance to capitalize on a thriving market with limited land availability, creating a compelling investment opportunity with significant long-term potential. The asking price for this exceptional development site is $5,180,000. Additional phases provide a development runway for future expansion. The location offers easy access to schools and community facilities.

    Property Features for 0 Wyoming St

    General Information

    Property type
    Land
    Lot Size
    256,133 SF

    HighLights

    • High‑profile location along the Clark Fork River, walkable to downtown Missoula.
    • Old Sawmill District boasts top‑of‑market rents and sale prices for existing properties.
    • Adjacent to high‑quality parks and green spaces.
    • 5.88‑acre mixed‑use development site with potential for single‑family, townhome, and multifamily residential development in a strong market with limited land availability.
    • Close proximity to schools and community facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.01126162433
    Latitude
    46.871932680891

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    FAQs

    What type of property is this?
    Land - 5.88 Acres, Prime Downtown Location
    Where is this land located?
    The property is located at Wyoming St Missoula, MT.
    What is the asking price?
    The asking price for this property is $5,180,000.
    What are key features of this property?
    This property features: High-profile location along the Clark Fork River, walkable to downtown Missoula.; Old Sawmill District boasts top-of-market rents and sale prices for existing properties.; Adjacent to high-quality parks and green spaces.
    Request Owner's contact information
    Wyoming 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
    Wyoming St Missoula, MT 59801
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