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    477 Reese Creek Rd Belgrade, MT 59714

    Sponsored
    For Sale
    $3,900,000

    29 Acres, Two Homes, Huge Potential

    Property size:
    1,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 29.87-acre property, located approximately six miles north of Belgrade, Montana, and Bozeman's airport, presents a unique investment opportunity. The land boasts easy year-round access and features two separate homes, each with its own well and septic system. One home is a farmhouse currently generating rental income, providing a steady stream of revenue. The second home is a Guerdon manufactured home, also ideal for rental purposes, and includes an oversized, 1,120-square-foot insulated garage. Adding to the property's versatility is a former Foster Creek schoolhouse, now creatively repurposed as a garage on a concrete slab. This charming structure retains its original wainscoting and is equipped with a propane heater. Two additional barns provide ample storage space, but their potential extends far beyond simple storage, offering exciting possibilities for expansion or adaptation. The absence of zoning or covenants allows for a wide range of creative uses, making this property a truly exceptional find. The main house has 1,180 square feet of living space. This property is priced at $3,900,000 and offers a rare blend of established income potential and significant development opportunities.

    Property Features for 477 Reese Creek Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,180 SF
    Lot Size
    1,301,137 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belgrade
    County
    Gallatin
    State
    Montana
    Longitude
    -111.1496
    Latitude
    45.84986

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    FAQs

    What type of property is this?
    Commercial real estate - 29 Acres, Two Homes, Huge Potential
    Where is this commercial real estate located?
    The property is located at 477 Reese Creek Rd Belgrade, MT.
    What is the asking price?
    The asking price for this property is $3,900,000.
    (406) 522-7000
    Request Owner's contact information
    477 Reese Creek Rd Belgrade, MT 59714
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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
    477 Reese Creek Rd Belgrade, MT 59714
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