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5065 Expressway - Missoula Development Opportunity | 13+ Acres

13.7 Acres of Commercial Land Offered at $5,250,000 in Missoula, MT 59808

Property Facts

Price $5,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Bank
  • Carwash
  • Community Center
  • Convenience Store
  • Drugstore
  • Fast Food
  • Healthcare
  • Hospital
Total Lot Size 13.70 AC

1 Lot Available

Lot

Price $5,250,000
Price Per AC $383,212
Lot Size 13.70 AC

Description

A rare development opportunity at 5065 Expressway in Missoula, Montana offers flexible residential and commercial zoning. Located within city limits, the site can accommodate a mixed-use community, medical facility, or industrial development. Significant development work has been completed, including preliminary subdivision plans, a feasibility study, a geotechnical report, and a plan for a condominium project on a portion of the site. Several large developments are ongoing near the site, ultimately poised to bring expanded amenities to the community. Area demographics show 3,000+ employed professionals within one mile of the site, with an average household income of $103,720 and a median home value of $377,616. The land includes a capped and buried fill area that could be used as a park, activity area, or green space. Some development restrictions exist for the fill area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2199-01-1-01-03-0000
Land Assessment
$1,713,840
Improvements Assessment
$0
Total Assessment
$1,713,840

zoning

Zoning Code M1-R2
M1-R2
  • Listing ID: 32030826

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 5065 Expressway, Missoula, MT 59808

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