0 Nhn Hwy 2, Kalispell, MT 59901
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.