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Property profile & analytics
OFF-MARKET
Commercial real estate

477 Reese Creek Rd Belgrade, MT 59714

1,180 SF 29.87 ac lot Built 1900
Property ID
US52-0265404
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 1900
Total area 1,180 SF
Lot 29.87 ac (1,301,137 SF)
UPID US52-0265404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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