Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight