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    10550 Reno Ln Shepherd, MT 59079

    For Sale
    $175,000

    LAND - Shepherd, MT

    Lot size:
    20.00 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 10550 Reno Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    D08771T
    Lot size
    20.00 Acres

    Utilities

    Sewer type
    Septic Tank

    KLehfeld real estate (406) 860-7901 [email protected]

    Listing agent Karlene Lehfeldt (406) 860-7901 License #RRE-BRO-LIC-5682

    Listing date Oct 25, 2025

    Copyright © 2025 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shepherd, MT Land with Barn

    This property features 20 acres of land located just north of the Feedlot Bar and Steakhouse in Shepherd, Montana. The land includes rimrocks, pine trees, and grassland. A 20x40 pole barn is situated on the property, equipped with 300-amp electrical service, a 2000-gallon cistern, and a septic drain field. The property is located in Yellowstone County.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Shepherd
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.31692
    Latitude
    45.994224

    Nearby Similar for Sale

    • $750,000
      5 SF

      Turnkey Steakhouse & Casino Business

      Established steakhouse and casino with full liquor license for sale.
      5625 Scandia Rd, Shepherd, MT 59079
      View Details
    • $750,000
      2.00 Acres

      Montana Turnkey Business Opportunity

      Profitable Feedlot, Steakhouse & Casino
      5625 Scandia Rd, Shepherd, MT 59079
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 20 acres with pole barn near Feedlot Bar and Steakhouse.
    Where is this agricultural land located?
    The property is located at 10550 Reno Ln Shepherd, MT.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - 20 acres of land featuring rimrocks, pine trees, and grassland.; - Includes a 20X40 pole barn.; - Benefit from 300-amp electrical service availability.
    (406) 860-7901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10550 Reno Ln Shepherd, MT 59079
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