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

    Tract 16 Old Ulm Cascade Road Cascade, MT 59421

    View on Map
    For Sale
    $280,500

    LAND - Cascade, MT

    Lot size:
    165.41 Acres
    Added:
    May 31, 2025
    Days on Market:
    306
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for Tract 16 Old Ulm Cascade Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02289020401160000
    Lot size
    165.41 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    S20, T19 N, R01 E, C.O.S. 5387, S29, Tract 16
    TaxAnnualAmount
    51

    We can help!

    Listing Contact
    Cody Carestia

    Listing agent Cody Carestia License #RRE-BRO-LIC-63120

    Listing office Ursus Montana Realty LLC 565 Lower Deep Cr Rd, Townsend, MT

    Listing date May 31, 2025

    MLS# 30049491 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

    165 Acres Near Cascade, MT

    This 165.41-acre tract of agricultural land is located near Cascade, MT, offering potential as pasture or a homesite. A year-round spring is present, along with an improved spring equipped with a solar pump. A shared well provides stock water with a neighboring property. Situated in a quiet, rural agricultural area without restrictions, the property offers open views. It is located approximately 15 miles from Great Falls and 7 miles northwest of Cascade, a rural agriculture-based community. The Missouri River flows through Cascade, offering fishing opportunities. The lot is situated in the shadow of Square Butte, a Montana landmark. Access to 2321 acres of state land to the north is available, providing additional recreational opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Cascade
    County
    Cascade
    State
    Montana
    Longitude
    -111.6249358
    Latitude
    47.3325148

    Nearby Similar for Sale

    • $149,000

      Montana Timbered Hills Cabin Retreat

      Secluded cabin on 5 acres near Dearborn and Missouri Rivers.
      218 Upper Sawmill Creek Lane, Cascade, MT 59421
      View Details
    • $899,000

      Montana Land with River Views

      272-acre property with panoramic views, springs, and recreational opportunities.
      0 Novak Creek Lane, Cascade, MT 59421
      View Details
    • $899,000

      Montana Land with River Views

      272.19 acres in Dearborn Valley with recreational opportunities.
      Novak Creek Lane, Cascade, MT 59421
      View Details
    • $67,500

      Cascade, MT 1.1 Acre Lot

      1.1 acre lot with 360 degree views near Missouri River.
      Pioneer Trail Lane lot: 002, Cascade, MT 59421
      View Details
    • $67,500

      Land with 360-Degree Views

      1.08 acre lot with Missouri River access.
      Pioneer Trail Lane lot: 003, Cascade, MT 59421
      View Details
    • $438,600

      Montana Land with Creek Frontage

      257.99 acres in Cascade, MT, with creek and vast views.
      Tract 25 Old Ulm Cascade Road, Cascade, MT 59421
      View Details
    • $341,700

      201+ Acre Montana Land

      201.35 acres near Cascade, MT, with vast views.
      Tract 17 Old Ulm Cascade Road, Cascade, MT 59421
      View Details
    • $199,000

      Cabin on 10+ Acres Land

      Off-grid cabin near Missouri River with recreational opportunities.
      NHN Upper Sawmill Creek Road, Cascade, MT 59421
      View Details
    • $199,000

      Montana Land with Renovated Home

      12-acre rural property with renovated home near Cascade, Montana.
      18 Trails End Lane, Cascade, MT 59421
      View Details
    • $118,380

      Recreational Land Near Missouri River

      12.48 acres ideal for recreation, camping, or off-grid cabin.
      Ridge Crest Lane, , MT 59421
      View Details
    • $1,950,000

      Missouri Riverfront Recreational Land Parcel

      Unspoiled 20-acre parcel with nearly a half mile of riverfront.
      754 Sheep Creek Road, Cascade, MT 59421
      View Details
    • $272,000

      160 Acres in Cascade, MT

      Undeveloped 160-acre tract near Cascade with spring and pond.
      Tract 15 Old Ulm Cascade Road, Cascade, MT 59421
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 165-acre tract with spring, shared well, near Great Falls.
    Where is this agricultural land / farmland located?
    The property is located at Tract 16 Old Ulm Cascade Road Cascade, MT.
    What is the asking price?
    The asking price for this property is $280,500.
    What are key features of this property?
    This property features: 165 acre tract with no restrictions.; Access to 2321 acres of state land to the north.; Year‑round spring and shared well for stock water.
    (406) 490-0973
    We can help!
    Listing Contact
    Cody Carestia
    Real Estate License ID: RRE-BRO-LIC-63120
    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!