Tract B Dougherty Drive - Commercial LAND FOR SALE


Missoula, MT 59808 1,949,310 SF
$7,350,000 USD
406-544-7772
Tract B Dougherty Drive, Missoula, MT for Sale
$7,350,000 USD
Commercial LAND - FOR SALE
1/6
1,949,310 SF

Tract B Dougherty Drive
Missoula, MT 59808


HIGHLIGHTS

  • Fully entitled — 101 platted lots, up to 641 rental units
  • City annexation and preliminary plat already complete
  • Engineered roads/utilities at Stage 2 civil construction
  • Extended entitlement runway — filing deadlines to 2035
  • Growth corridor projected to reach 27,000 residents by 2050
  • U-MU1 zoning: flexible residential + neighborhood commercial

OVERVIEW

Tract B carries a fully entitled 101-lot, up to 641-unit multifamily subdivision in west Missoula — a rare shovel-ready platform at this scale, this close to the finish line on entitlements. For developers, the value here is time and risk removed from the equation. City annexation is complete. Preliminary plat is approved. Roads and utilities are already engineered to Stage 2 civil construction plans. Rather than spending years and capital taking raw land through annexation and subdivision, a buyer steps directly into site planning, infrastructure construction, and vertical building — with filing deadlines recently extended to January 2029 for Phase 1 and January 2035 for Phase 2, giving ample runway to sequence the project around market conditions. For investors, the underlying demand case is strong. The site sits inside the Sxwtpqyen growth corridor, projected to reach nearly 27,000 residents by 2050, backed by completed Mullan BUILD infrastructure and adjacency to the VA Clinic, Summit Beverage, and the planned Sapphire Place and West End Homes developments. Within 5 miles, 67,215 residents and 30,608 households support an average household income of $83,531 — a deep enough base to absorb 641 units in phases without oversaturating the submarket. U-MU1 zoning adds further flexibility, supporting neighborhood-serving commercial alongside residential, so a buyer isn't locked into a single-use program. Note a hatched Airport Hazard Overlay area on the site carries a 4 dwelling unit per acre density cap and use restrictions per Missoula UDC Section 4.5.02-D — buyer to review supplemental documentation for scope and impact on unit yield. This is a large-scale, substantially de-risked entitlement platform built for a developer or investor ready to execute rather than start from zero.

FOR SALE DETAILS

PRICE

$7,350,000 USD

PRICE/ACRE

$164,246/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Mixed Use, Multi-Family, Apartment Units, Bar, Bowling Alley, Health Care, Health Club, Hotel, Neighborhood Center, Office Park, Planned Unit Development, Storefront Retail/Office, Supermarket

LAND ACRES

44.75 AC

LAND SF

1,949,310 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone

ZONING

Urban Mixed-Use Low

APN/PARCEL ID

0000514002

ASK ABOUT THIS PROPERTY

Kelsey WardColdwell Banker Commercial Drew Ward WarneMore Info
406-544-7772

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Kelsey WardColdwell Banker Commercial Drew Ward WarneMore Info
406-544-7772

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.