9 Diane RdColumbia Falls, MT 59912

  • Commercial land
  • 0.34 AC
For Sale
$645,000 View listing

Property Details for 9 Diane Rd

Lot size
0.34 AC
Zone code
1
Property type
Commercial land
APN
07-4186-18-2-22-30-0000
APU
7418618222300000

Description

This exceptional investment opportunity presents a 0.68-acre lot in Columbia Falls, Montana, ideally situated near Glacier National Park and the Flathead Valley's recreational attractions. The property is zoned for the construction of two six-unit apartment buildings, totaling twelve units. Each unit is thoughtfully designed with residents in mind, offering approximately 1,000+ square feet of living space, three bedrooms, two bathrooms, in-unit laundry, private decks, and a single-car garage with additional parking. The design prioritizes efficiency, storage, and ample natural light. This location boasts proximity to a community park and playground, along with convenient access to amenities. A short drive connects residents to the International Airport (10 minutes), Glacier National Park (20 minutes), Kalispell (25 minutes, featuring Costco and Target), and Whitefish (15 minutes). The asking price for this promising multifamily development is $645,000. The property's strategic location within a thriving community, coupled with the well-planned unit design, makes this an attractive investment prospect for those seeking strong returns in a desirable Montana market. Surrounding successful multifamily developments further underscore the area's potential for rental income.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,196,886
    Hospitality
    $2,928,331
    Educational
    $2,436,337
    Medical
    $2,520,126
    Retail
    $3,789,857

Location Insight

City
Columbia Falls
County
Flathead
State
Montana
Latitude
48.3659
Longitude
-114.21
CBSA code
28060
CBSA name
KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,100
-
-
$156,208
-
$156,208
-
$156,208

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