Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1278 Hunts Mill Road Troy, MT 59935

    View on Map
    Claim this Listing
    For Sale
    $499,000

    LAND - Troy, MT

    Lot size:
    12.02 Acres
    Added:
    May 9, 2025
    Days on Market:
    361
    Last Refresh:
    May 4 at 3:06 am

    Property Features for 1278 Hunts Mill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    56439135404140000
    Lot size
    12.02 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 14, Cedar Glen Estates Phase 2, according to the plat thereof on file in the office of the Clerk and Recorder, Lincoln County, Mt.
    Tax Annual Amount
    1557

    Utilities

    Water source
    Well
    Water front features
    Navigable Water, Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Sharron Sverdrup
    Sharron Sverdrup

    Listing agent Sharron Sverdrup License #RRE-BRO-LIC-14036

    Listing office Kootenai River Realty 515 Mineral Ave., Libby, MT

    Listing date May 9, 2025

    MLS# 30047918 Listing URL

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kootenai Riverfront Land with Views

    This 12.016-acre property offers a blend of natural beauty and recreational opportunities along the Kootenai River. It features 2308.85 feet of Kootenai River frontage and mountain views. Located near Troy, Montana, the property has a well, electricity, and a permitted septic system, making it suitable for building a home. A tiny home is currently on the property. The area is home to wildlife, including eagles, osprey, wood ducks, kingfishers, geese, deer, river otters, and beavers. Roosevelt Park, with a boat ramp, is located upriver, providing river access for boating, rafting, and kayaking. The property is located off Hunts Mill Road and offers end-of-the-road privacy. A paved walking path is nearby. The property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Restaurant Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Lincoln
    State
    Montana
    Longitude
    -115.9100294
    Latitude
    48.4911301

    Nearby Similar for Sale

    • $189,000

      Usable Land in Troy, MT

      4.78 acres ready for your dream home or getaway.
      Forest Road, Troy, MT 59935
      View Details
    • $397,950

      Land with Shop Near Troy

      5-acre lot with shop, well, and convenient location.
      274 Mud Lake Road, Troy, MT 59935
      View Details
    • $175,000

      Land Bordering Forest Service Land

      5.51-acre lot bordering thousands of acres of Forest Service land.
      L1 Lower Stanley Cutoff Road, Troy, MT 59935
      View Details
    • $110,000

      Angel Island Waterfront Land Parcel

      Waterfront land parcel on Angel Island, Bull Lake, Troy, MT.
      12 Cherub Lane, Troy, MT 59935
      View Details
    • $240,000

      Land with Lake Access

      Secluded land near Bull Lake with boat slip.
      NHN Northshore Drive, Troy, MT 59935
      View Details
    • $3,900,000
      1,200 SF

      Established Sawmill and Lumber Business

      32-acre sawmill and lumber business with diverse operations for sale.
      223 Chapel Flats Road, Troy, MT 59935
      View Details
    • $199,000

      Yaak River Recreational Land

      0.81-acre lot with 5th wheel near USFS land.
      777 Cedars Drive, Troy, MT 59935
      View Details
    • $3,900,000
      1,200 SF

      Established Sawmill and Lumber Business

      32-acre sawmill and lumber business with diverse operations for sale.
      223 Chapel Flats Road, Troy, MT 59935
      View Details
    • $260,000

      Kootenai Riverfront Land For Sale

      1.15 acre lot with 149 feet of river frontage.
      352 Estate Drive, Troy, MT 59935
      View Details
    • $350,000

      5.1 Acres with Creek Frontage

      5.1 timbered acres with 399 feet of creek frontage.
      386 Seahawks Drive, Troy, MT 59935
      View Details
    • $240,000

      Kootenai Riverfront Land For Sale

      1.58 acres with Kootenai River frontage near Troy, Montana.
      150 Estate Drive, Troy, MT 59935
      View Details
    • $450,000

      Keeler Creek Frontage Land

      9 acres of timbered land with creek frontage.
      177 Double Creek Lane, Troy, MT 59935
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 12+ acres on Kootenai River with mountain views.
    Where is this waterfront land located?
    The property is located at 1278 Hunts Mill Road Troy, MT.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 12+ acres with **2300+ feet of Kootenai River frontage and mountain views.**; Essential utilities already in place: well, electricity, and permitted septic system.; Located in a desirable area near Troy, MT, offering end‑of‑road privacy.
    (406) 293-1150
    We can help!
    Listing Contact
    Sharron Sverdrup
    Sharron Sverdrup
    Real Estate License ID: RRE-BRO-LIC-14036
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1278 Hunts Mill Road, Troy, MT 59935

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!