TBD 10th AVE S, Great  Falls, MT 59403
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TBD 10th AVE S, Great  Falls, MT 59403
TBD 10th AVE S, Great  Falls, MT 59403
TBD 10th AVE S, Great  Falls, MT 59403
TBD 10th AVE S, Great  Falls, MT 59403
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$ 3,301,172
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TBD 10th AVE S Great Falls, MT 59403

15.31 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 406166

Annual Tax Amount $304

Tax Year 2025

Lot Size 15.310 Acres

Acres 15.31

Property Sub-Type Commercial

Property Description

15.31-acre development parcel is strategically located across from Walmart on Great Falls' rapidly expanding east side and adjacent to Malmstrom Air Force Base. Situated within The Falls Planned Unit Development (PUD), one of Montana's largest master-planned mixed-use communities in the state. Designated for high-density multifamily development and offers a rare opportunity to deliver large-scale housing in an increasingly supply-constrained market. Site is positioned for efficient construction and benefits from access to municipal water, sewer, and stormwater infrastructure. Development potential is further enhanced by the parcel's location within HIGHEST EMPLOYMENT GROWTH AND INVESTMENT COORIDOR IN THE STATE …all anchored by significant public and private sector projects.

Major regional economic drivers include the proposed JANICKI Industries advanced manufacturing campus, which could bring more than 1,000 aerospace and manufacturing jobs to the region (HOUSING FOR 200 EMPLOYEES BY NEXT YEAR); Calumet's Montana Renewables aviation fuel expansion; Ardent Data Centers' hyperscale data center investment; Berkshire Hathaway Energy's renewable energy and transmission infrastructure investments; the Sentinel missile modernization program with Malmstrom Air Force Base; Touro University's expanding medical & law education campus; and VACOM's U.S. manufacturing operations in Central Montana.

According to a MAY 2026 market study by The Concord Group, the Great Falls market is projected to face a multifamily housing shortage of more than 800 units through 2030, with projected apartment demand significantly exceeding known supply. The Falls development is positioned to help meet this growing need, with the potential for a variety of multifamily housing formats designed to serve the region's expanding workforce, healthcare, education, defense, and advanced manufacturing sectors.

Parcel may be acquired independently or incorporated into the broader Falls PUD development plan. Ownership is willing to assist with annexation and site development coordination, creating an exceptional opportunity for multifamily developers seeking scale, timing, and long-term growth potential in one of Montana's most compelling emerging markets.

Location

State MT

County Cascade

Area Other Counties/State

Direction 10th Avenue south to 57th Street South. easiest access is to north on 3rd Avenue South

Interior

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Access Desc Public

Street Surface Paved

Building

Lot Description Level

Sewer Public Sewer

Water Public

Others

Tax ID 0002624200

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://storage.googleapis.com/cardsetter-tmp-user-assets/mitchell-development/the-falls.mp4


Listed by Cobb Realty Group
Elyn Messner

Elyn Messner

Realtor

+1(406) 220-9977

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TBD 10th AVE S