Property profile

0 Nhn Hwy 2 Kalispell, MT 59901

OFF-MARKET
Land
13.27 ac lot
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Property summary

AI-generated overview

This exceptional 13.27-acre parcel presents a remarkable multifamily development opportunity in Kalispell, Montana. Strategically located on Highway 2 West, this property enjoys high visibility and convenient access to the city bypass. Currently zoned R-1, the land offers significant potential for residential or multifamily construction. A key advantage is the pre-existing city sewer infrastructure already installed throughout the property. Furthermore, city water has recently been stubbed in under Hathaway Lane, significantly reducing development costs and timelines. Annexation into the Kalispell city limits would unlock higher density development options, capitalizing on its prime location at the edge of town. The Kalispell Growth Policy designates this area for urban residential use, reinforcing its suitability for this project. Natural features include a meandering creek and breathtaking mountain views, adding significant aesthetic appeal to any future development. This property represents a rare chance to build a thriving community in a highly desirable location with readily available infrastructure. The asking price is $1,675,000.

Property profile

Verified
Property type Land
Lot 13.27 ac (578,041 SF)

Cap rate & NOI

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

Location

Nhn Hwy 2 Kalispell, MT 59901
Kalispell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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