378 Parcels, Columbia Falls, MT 59912
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.
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
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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.