0 Veterans Way, Missoula, MT 59808
This exceptional 44.75-acre commercial and residential land parcel presents a unique investment opportunity in Missoula, Montana. Located off West Broadway Street, this high-traffic, high-visibility property boasts convenient access to Missoula International Airport (5 minutes), Downtown Missoula (10 minutes), and Saint Patrick Hospital (10 minutes). A preliminary platted subdivision is already approved for up to 614 units, significantly reducing development time by over two years. Complete approval documents are readily available for review in PDF format. The permitted zoning, Town Center, allows for a diverse range of uses, including mixed-use, townhouse, assisted living, lodging, office, retail, tavern, daycare centers, and other industrial/manufacturing uses, as detailed in the Form Based Code Transect standards. The approved plan includes Dougherty Drive, a commuter road running through the center of the property, with Veterans Way bordering the north. Actual unit quantity and product type can vary within approved transects. For an additional $300,000, comprehensive engineering CAD files from the original developer are available. This property is ideal for developers seeking to build their product or resell the land block by block. The asking price is $8,000,000. The Assessor's Parcel Number (APN) is 0000514002. Detailed surveys, maps, and supporting documents are available upon request. This is a turnkey opportunity to capitalize on Missoula's thriving real estate market.
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
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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.