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    OFF-MARKET
    Land

    000 Discovery Dr, Butte, MT 59701

    3.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.12-acre commercial land parcel in Butte, Montana, presents a remarkable development opportunity. Located at 000 Discovery Drive, 59701, this fully entitled site is shovel-ready, with all necessary plans and permits secured for immediate construction. The approved plans detail a two-building, 56-unit apartment complex, perfectly positioned to capitalize on Butte's thriving growth and strong rental market. The complex design includes a mix of 24 studio, 24 two-bedroom/two-bathroom, and 8 one-bedroom/one-bathroom units, each featuring convenient resident storage lockers. This strategic location in Butte's city center offers unparalleled access to amenities such as the Butte Family YMCA, Montana Dance Works, and the Copper Mountain Sports and Recreation Complex, as well as easy access to Interstate 90. Butte's rich history, vibrant community, and robust local economy, bolstered by major employers and top-tier educational institutions like Montana Tech, create a highly desirable living environment. This is a rare chance to invest in a high-demand market with a proven track record of growth and development. The asking price for this exceptional property is $1,100,000. Don't miss this opportunity to secure a prime piece of Butte real estate and build a thriving apartment community.

    Property profile
    Verified
    Property type Land
    Lot 3.12 ac (135,907 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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