1000 12th N 1st St Hamilton, MT 59840-2160
This exceptional 2.08-acre parcel located at 1000 S 1st Street, Hamilton, Montana, 59840, presents a unique investment opportunity. Situated conveniently off South 1st Street/Highway 93, this unzoned property offers significant potential for various development projects. The property's multifamily zoning allows for the construction of apartment buildings, duplexes, triplexes, or quadplexes. Its expansive 2.08 acres provide ample space for a substantial development. The strategic location within the Hamilton Opportunity Zone provides access to favorable tax incentives, making this an attractive investment proposition. The unzoned nature of the property grants developers considerable flexibility in their design and development plans, allowing for exploration of diverse possibilities, including but not limited to apartment complexes, condominiums, retail spaces, or office buildings. This prime location offers easy access to local amenities and transportation routes, enhancing its appeal to potential residents and businesses. The asking price for this remarkable property is $1,666,222. This is a rare chance to capitalize on the growth and potential of Hamilton, Montana, and create a significant development in a thriving community. Don't miss this opportunity to shape the future of Hamilton's landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.