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TBD Mary Jane Blvd - Build Ready Site in Fast-Growing Neighborhood 1.49 Acres of Residential Land Offered at $830,000 in Missoula, MT 59808
Investment Highlights
- Convenient Access from Mary Jane Boulevard or Flynn Lane
- O’Leary Street extension will be completed by Q2 2026
- Shovel-ready flat site with soils that are conducive to development. All utilites in the street.
- Permissive U-MU1 zoning allows for high-density residential (21 du/ac) and various commercial uses
- Fast growing residential area with hundreds of new apartments and housing units recently built or under construction
Executive Summary
Don’t miss this opportunity to acquire ±1.49 acres at the corner of Mary Jane Boulevard and Flynn Lane. The site is located in the Mullan and Reserve submarket, where roughly 1,500 new multifamily units have been built since 2021, more than half of Missoula’s recent multifamily growth. Three major residential projects are underway nearby, including 170 units of senior housing and the Snow Farm apartments, putting the site within walking distance of hundreds of existing and future households.
The site is near the North Reserve Street retail corridor and has U-MU1 zoning, allowing residential, retail, office, or mixed-use development. The area has a large retail and medical concentration close by but little community-serving retail of its own, leaving demand for a project that serves the neighborhood directly.
Residential development is allowed up to 21 dwelling units per acre under current zoning and development agreements. This should permit around 30 units of apartments, townhomes or mixed-use development.
The site is near the North Reserve Street retail corridor and has U-MU1 zoning, allowing residential, retail, office, or mixed-use development. The area has a large retail and medical concentration close by but little community-serving retail of its own, leaving demand for a project that serves the neighborhood directly.
Residential development is allowed up to 21 dwelling units per acre under current zoning and development agreements. This should permit around 30 units of apartments, townhomes or mixed-use development.
Data Room Click Here to Access
- Operating and Financials
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $830,000 | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.49 AC |
| Property Type | Land | Cross Streets | O'Leary Street |
| Zoning | U-MU1 | ||
| Price | $830,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.49 AC |
| Cross Streets | O'Leary Street |
| Zoning | U-MU1 |
1 Lot Available
Lot
| Price | $830,000 | Lot Size | 1.49 AC |
| Price Per AC | $557,046.98 |
| Price | $830,000 |
| Price Per AC | $557,046.98 |
| Lot Size | 1.49 AC |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
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TBD Mary Jane Blvd - Build Ready Site in Fast-Growing Neighborhood