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    15440 Sara Jo Lane Frenchtown, MT 59834

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    For Sale
    $339,000

    LAND - Frenchtown, MT

    Lot size:
    10.40 Acres
    Added:
    Mar 21, 2026
    Days on Market:
    45
    Last Refresh:
    May 4 at 1:06 pm

    Property Features for 15440 Sara Jo Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04242835203070000
    Lot size
    10.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S35, T15 N, R21 W, C.O.S. 339, PARCEL 29, ACRES 10.4, MILL CREEK RANCHES
    Tax Annual Amount
    80

    We can help!

    Listing Contact
    Angelina Bruno

    Listing agent Angelina Bruno License #RRE-RBS-LIC-135722

    Listing office Berkshire Hathaway HomeServices - Missoula 1020 South Avenue W, Missoula, MT

    Listing date Mar 21, 2026

    MLS# 30066775 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

    Frenchtown Land: Build Your Dream

    This 10.4-acre property in Frenchtown, Montana, presents an opportunity for building a home. The land features a unique topography, extending up a hill and backed by elevated terrain, providing privacy. A flat, level building site is present, along with open pasture suitable for horses or other farm animals. The property may be subdivided once, offering flexibility. Mobile and manufactured homes are permitted, provided they are on a permanent foundation. Utilities for electricity and broadband are available at the property edge. Located on the north side of I-90, the property offers access to town. Frenchtown shopping is less than a mile away, and Frenchtown Elementary and High School are approximately 1.5 miles away. Missoula International Airport is about 15 minutes away, and downtown Missoula is approximately a 20-minute drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Pharmacy Nail Salon Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frenchtown
    County
    Missoula
    State
    Montana
    Longitude
    -114.2210918
    Latitude
    47.018967

    Nearby Similar for Sale

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    • $380,000

      Frenchtown Wooded Acres with Utilities

      5+ acre lot with utilities in Frenchtown, Montana.
      19425 Pond Road, Frenchtown, MT 59834
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    • $199,000

      Land in Frenchtown, Montana

      Build-ready land near Frenchtown High School and outdoor recreation.
      18080 Frenchtown Frontage Road, Frenchtown, MT 59834
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    • $1,521,500

      Clark Fork Riverfront Recreational Land

      Land with exclusive river access near Lolo National Forest.
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    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10.4 acres in Frenchtown, MT with subdivision potential.
    Where is this agricultural land / farmland located?
    The property is located at 15440 Sara Jo Lane Frenchtown, MT.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: Large 10.4‑acre property offering privacy and a scenic backdrop due to elevated terrain.; Enjoy a flat, level building site and open pasture suitable for horses or farm animals.; Potential for subdivision, offering flexibility for future development.
    (425) 351-5323
    We can help!
    Listing Contact
    Angelina Bruno
    Real Estate License ID: RRE-RBS-LIC-135722
    Learn More
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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.

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    15440 Sara Jo Lane, Frenchtown, MT 59834

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