Property profile

12-A2 Wheatland Way Stevensville, MT 59870

OFF-MARKET
Land
2.04 ac lot
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Property summary

AI-generated overview

This exceptional 2.04-acre lot, identified as Lot 12-A2 Wheatland Way 454/456 in Stevensville, Montana, presents a rare investment opportunity. Zoned for multifamily development, this property offers the potential to build an apartment building (duplex, triplex, or quadplex) in a highly desirable location. The asking price is $234,000. Situated within the scenic Blue Heron Estates, the land boasts breathtaking views overlooking the Lee Metcalf Wildlife Refuge. Outdoor enthusiasts will appreciate the proximity to abundant recreational opportunities, including hiking trails, fishing in the nearby Bitterroot River, and the Three Mile Wildlife Management Area and Bass Creek Trailhead. Golfers will enjoy the convenience of the Whitetail Golf course. The property's strategic location provides easy access to Stevensville, Florence, and Missoula, offering residents a blend of tranquil living and convenient access to urban amenities. County approval for multifamily development is already in place, streamlining the development process. This is a unique chance to capitalize on the growing demand for housing in this picturesque Montana setting. The property's 59870 zip code and precise coordinates (46.4949159 latitude, -114.0430553 longitude) further pinpoint its location within Ravalli County. Don't miss this opportunity to acquire a prime piece of Montana real estate with significant development potential.

Property profile

Verified
Property type Land
Lot 2.04 ac (88,862 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12-A2 Wheatland Way Stevensville, MT 59870
Stevensville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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