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    OFF-MARKET
    Land

    378 Parcels, Columbia Falls, MT 59912

    48.51 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 48.51-acre property in Columbia Falls, Montana, presents a unique development opportunity. Boasting approximately 450 feet of frontage on Highway 2, which sees over 3.3 million annual visitors to nearby Glacier National Park, and over 1,500 feet of Flathead River frontage, this land offers unparalleled potential. A previous Planned Unit Development (PUD) envisioned 151 residential units, complemented by bike paths, a riverfront park, a village market, and clubhouse facilities, along with a realignment of River Road. This site is ideally suited to address the current demand for multi-family and workforce housing in the area. Its strategic location, just minutes from Downtown Columbia Falls and less than 20 minutes from Glacier National Park, provides easy access to abundant recreational activities. The property consists of five parcels and is zoned for residential development. The asking price is $4,490,000. This is a rare chance to acquire a substantial parcel with significant development potential in a high-demand location. The property's size and location make it an attractive investment for developers seeking to capitalize on the area's growing tourism and residential needs. The existing PUD plans provide a solid foundation for future development, offering a clear vision for the property's transformation.

    Property profile
    Verified
    Property type Land
    Lot 48.51 ac (2,113,096 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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