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

    Bluebell Road Three Forks, MT 59752

    View on Map
    Claim this Listing
    For Sale
    $140,000

    LAND - Three Forks, MT

    Lot size:
    5.00 Acres
    Added:
    Oct 15, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 10 at 9:06 pm

    Property Features for Bluebell Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000J240942
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    ROLLING GLEN RANCH, S32, T03 N, R01 E, LOT 67, ACRES 5, COS 1-965
    Tax Annual Amount
    816

    We can help!

    Listing Contact
    Eve Parrow

    Listing agent Eve Parrow License #BRO-38891

    Listing office Small Dog Realty 1970 Stadium Drive, Suite 1, Bozeman, MT

    Listing date Oct 15, 2025

    MLS# 406514 Listing URL

    Copyright © 2025 Big Sky Country 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

    5-Acre Parcel in Three Forks

    This 5-acre parcel is located in the Rolling Glen Ranch Subdivision, just outside of Three Forks, Montana. It offers the opportunity to build a custom home with space for a shop, barn, or additional structures, as covenants allow for multiple buildings. Minimal livestock is permitted, making it suitable for a small hobby farm or extra space for animals. The property features wide-open Montana landscape, peaceful surroundings, and expansive views. The adjacent 5-acre parcel is also available for sale, offering the potential to expand the property or invest in neighboring land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Three Forks
    County
    Gallatin
    State
    Montana
    Longitude
    -111.463
    Latitude
    45.8877

    Nearby Similar for Sale

    • $245,000
      4,080 SF

      Three Forks Commercial Land Opportunity

      High-visibility commercial lot with development potential in downtown Three Forks.
      408 S Main Street, Three Forks, MT 59752
      View Details
    • $475,000

      Development Opportunity in Three Forks

      Two lots with city-approved triplex plans in Three Forks.
      623 E Neal Street, Three Forks, MT 59752
      View Details
    • $850,000

      Duplex on 20 Acres Bordering State Land

      Move-in ready duplex on 20 acres with mountain views.
      86 Austin Drive, Three Forks, MT 59752
      View Details
    • $1,500,000

      Three Forks Land For Sale

      13.9 acres near Three Forks Airport with commercial potential.
      323 W Ivy Street, Three Forks, MT 59752
      View Details
    • $99,000

      One Acre Lot in Montana

      One-acre lot with views, utilities, and paved access.
      Red Shoulder Lane, Three Forks, MT 59752
      View Details
    • $94,000

      Land For Sale, Three Forks

      2.25 acre commercial land for sale in Three Forks.
      12 Hollowtop Trail, Three Forks, MT 59752
      View Details
    • $125,000

      Montana Land with Mountain Views

      3.5-acre build-ready lot near Copper City trail system.
      Aurora Loop lot: 105, Three Forks, MT 59752
      View Details
    • $105,000

      Land Parcel in Three Forks

      1.68 acre parcel for custom home with mountain views.
      Grouseberry Court lot: 62, Three Forks, MT 59752
      View Details
    • $94,000

      Land with Expansive Montana Views

      2.25-acre lot near Bozeman with build potential.
      12 Hollowtop, Three Forks, MT 59752
      View Details
    • $130,000

      Residential Land in Developed Community

      1.86 acre lot in Three Forks, Montana.
      (Lot 94) Wild Rye Place, Three Forks, MT 59752
      View Details
    • $160,000

      Land Parcel in Clarkston, Montana

      10+ acre parcel ideal for horses or building your dream home.
      10421 Juniper Road, Three Forks, MT 59752
      View Details
    • $75,000

      Residential Land in Elk Ridge

      Residential land with community park near Bozeman, Butte, Helena.
      (Lot 168) Western Larch Place, Three Forks, MT 59752
      View Details

    FAQs

    What type of property is this?
    Land - 5-acre parcel in Rolling Glen Ranch Subdivision, Three Forks, MT.
    Where is this land located?
    The property is located at Bluebell Road Three Forks, MT.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 5‑acre parcel in Rolling Glen Ranch Subdivision offers space and freedom to build a dream Montana home.; Opportunity to construct a custom home with room for a shop, barn, or additional structures (multiple buildings allowed).; Minimal livestock permitted, suitable for a small hobby farm or keeping animals.
    (406) 570-6575
    We can help!
    Listing Contact
    Eve Parrow
    Real Estate License ID: BRO-38891
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!