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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.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Taxes $99,999 $9.99
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $1,153,302 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Office
  • Multifamily
  • Single Family Residence
Total Lot Size 1.49 AC
Cross Streets O'Leary Street
Zoning U-MU1

1 Lot Available

Lot

Price $1,153,302 CAD
Price Per AC $774,027.95 CAD
Lot Size 1.49 AC
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
04-2200-18-2-08-03-0000
Land Assessment
$476,883 CAD
Improvements Assessment
$0 CAD
Total Assessment
$476,883 CAD
Annual Taxes
-$1 CAD
Tax Year
2025
  • Listing ID: 41906006

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: TBD Mary Jane Blvd, Missoula, MT 59808

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