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    Nhn Content Rd Malta, MT 59538

    Sponsored
    For Sale
    $650,000

    Vacant Land - Malta, MT

    Lot size:
    628.91 Acres
    Days on Market:
    131
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for Nhn Content Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    628.91 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tanner Anderson

    United Country Northwest Realty & Auction (406) 654-2881

    Listing agent Tanner Anderson (406) 654-2881

    Listing date Oct 13, 2025

    MLS# 11589672 Listing URL

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

    Learn more

    Overview

    Montana Land with Grazing, Farmland

    The Sun Prairie Homestead features 628.91 acres located 13 miles south of Malta in Phillips County, Montana. The property has county road access and a homesite equipped with power. The land includes 350.06 acres of productive farm ground currently in fallow, and 278.85 acres of native grazing land. Seasonal reservoirs provide natural water sources. The property includes the Bennett Lake Allotment (03512), consisting of 440 acres of BLM land. A portion of the ranch falls under the Potholes and Prairies Waterfowl Easement, protecting important habitat and contributing to the property's recreational appeal. Pheasants are present on the property, along with additional upland bird opportunities. The 350 acres of farmed ground provide consistent productivity, while the grazing land adds flexibility for livestock use. A lease is currently in place through 2030 and can be shared with a bank-approved buyer, offering both immediate income and long-term stability. This property offers agricultural potential, investment security, and recreational elements.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Malta
    County
    Phillips
    State
    Montana
    Longitude
    -107.78889
    Latitude
    48.21707

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    FAQs

    What type of property is this?
    Agricultural land - 628.91 acres of land near Malta, Montana.
    Where is this agricultural land located?
    The property is located at Nhn Content Rd Malta, MT.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 628.91± total acres of multi-use land in Phillips County, Montana.; - Features 350.06± acres of productive farm ground and 278.85± acres of native grazing.; - Lease in place through 2030, providing immediate income and long-term stability (can be shared with a bank-approved buyer).
    (406) 654-2881
    Request Owner's contact information
    Nhn Content Rd Malta, MT 59538
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    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
    Nhn Content Rd Malta, MT 59538
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    We can help!
    Listing Contact
    Tanner Anderson
    (406) 654-2881
    Learn more
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