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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.

• Acres
  15.31
• Days on Market
  269

Additional Features

• City
  Great Falls
• Co List Agent Direct Phone
  000-100-0000
• Co List Agent Email
  non-member@example.com
• Co List Agent Full Name
  Non Member
• Co List Office Name
  Non- Member Office
• Contract Status Change Date
  2025-10-01
• Cumulative Days On Market
  233
• Directions
  10th Avenue south to 57th Street South. easiest access is to north on 3rd Avenue South
• Documents Count
  1
• Latitude
  47.497110
• Listing Contract Date
  2025-10-01
• Listing Key
  1137572992
• List Price
  3301172
• Longitude
  -111.212041
• Lot Features
  Level
• Lot Size Acres
  15.31000
• Lot Size Square Feet
  666904
• MLS Area Major
  Other Counties/ State
• MLS Area Minor
  12 M - Other Montana Counties
• MLS Status
  Active
• Original List Price
  3301172
• Originating System Name
  S W M T
• Parcel Number
  0002624200
• Photos Count
  7
• Postal Code
  59403
• Property Sub Type
  Commercial
• Property Type
  Land
• Road Surface Type
  Paved
• Sewer
  Public Sewer
• Standard Status
  Active
• Street Additional Info
  and 57th Street South
• Subdivision Name
  None
• Tax Annual Amount
  304.00
• Tax Legal Description
  TRS: T20 N, R04 E, Sec. 10 Legal: S10, T20 N, R04 E, E2SW LS 5.52 Acres: 76.92 Acres +22.71 Acres
• Tax Year
  2025
• Unparsed Address
  T B D 10th Avenue S
• Utilities
  Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
• Water Source
  Public

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