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10th Avenue South & 57th Street South - The Falls- 15.31 Acres Multifamily Land 15.31 Acres of Commercial Land Offered at $3,301,172 in Great Falls, MT 59403

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INVESTMENT HIGHLIGHTS

  • Prime Location: Across from Walmart, Adjacent to Malmstrom AFB
  • Level Site with City Water, Sewer & Stormwater Connections
  • Near Amazon Supply Center & Ardent’s $1.5B Data Center
  • High-Density Multifamily Development Site – Ready to Build
  • Flexible Options: Incorporate into PUD or Fast-Track Development Separately
  • Close to Berkshire Hathaway’s $3B Wind Project & Calumet’s $1.6B Aviation Fuel Facility

EXECUTIVE SUMMARY

Property owners are willing to assist with site preparation and annexation as needed. The property is level and well-positioned for efficient construction, with convenient access to city water, sewer, and stormwater systems. Surrounded by major demand drivers including new residential growth, Amazon’s Supply Center, Ardent’s $1.5B Data Center, Calumet’s Aviation $1.6B Fuel Facility, Berkshire Hathaway’s $3B Wind Power Project, Malmstrom’s $30B Missile Silo Replacement, and VACOM’s $90M Tech Facility, this property is positioned at the heart of Great Falls’ next wave of growth. This is a rare opportunity to meet Great Falls’ urgent demand for multifamily housing in one of the state’s fastest-growing development corridor. The Falls PUD (Planned Unit Development).

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER AC
Taxes $304 $19.86
Operating Expenses - -
Total Expenses $304 $19.86

FINANCIAL SUMMARY (ACTUAL - 2025)

Taxes
Annual $304
Annual Per AC $19.86
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $304
Annual Per AC $19.86

PROPERTY FACTS

Price $3,301,172
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hotel
  • Loft or Creative Space
  • Medical
  • Office Park
  • Planned Unit Development
  • Restaurant
  • Retail Warehouse
Total Lot Size 15.31 AC
Zoning TBD Commerical/PUD

1 LOT AVAILABLE

Lot

Price $3,301,172
Price Per AC $215,621.95
Lot Size 15.31 AC

This 15.31 acre parcel will be carved out of 100-Acre Mixed-Use PUD

DESCRIPTION

This 15.31-acre parcel is ideally located across from the East Side Walmart and adjacent to Malmstrom Air Force Base. The site is being marketed for high-density multifamily development and offers a unique opportunity to participate in one of the largest planned development projects in Montana ...The Falls Development (PUD). The parcel may be incorporated into the broader PUD or purchased separately to fast-track development in response to Great Falls’ urgent demand for multifamily housing. Property owners are willing to assist with site preparation and annexation as needed. The Falls PUD (Planned Unit Development).

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-3016-15-3-01-24-0000
  • 02-3016-10-4-01-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$277,594
Annual Taxes
$304
Tax Year
2025
  • Listing ID: 37906021

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 10th Avenue South & 57th Street South, Great Falls, MT 59403

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