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Wooded Land With Steel RV Garage
For Sale
$399,000

378 Bobcat Lane, Seeley Lake, MT 59868

Land, Seeley Lake, MT

Property Size1,536 SF
Lot Size2.66 Acres
Price / SF$259.77
Days on Market482

Property Features for 378 Bobcat Lane

General Information

Property type Land
Property subtype Other
Lot features Secluded, Wooded
View Mountains
Directions From Highway 83, turn onto double Arrow Road, left onto Glacier Dr., right onto Buckskin Dr., slight left onto Grandview Dr., right onto Bobcat Lane go a little way and it will be on your left.
Standard status Active
APN 04254106203230000
Lot size 2.66 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Double Arrow Ranch No 4 024, S06, T16 N, R14 W, Lot 113, Acres 2.66
Tax Annual Amount 932
HOA Fee $620 Annually
Legal Description Double Arrow Ranch No 4 024, S06, T16 N, R14 W, Lot 113, Acres 2.66

Utilities

Sewer type Septic Tank, Private Sewer
Water source Private, Well
Listing Agency: Clearwater Montana Properties - Seeley Lake
Listed By: Scott Kennedy · License #RRE-BRO-LIC-10683
Added: Jun 11, 2025 Changed: Oct 5 Last Checked: Oct 5 at 9:06PM
MLS# 30051802

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.

Investment Insights

Based on property information with market context.

This 2.66-acre wooded parcel includes a 32-by-48-foot engineered steel RV garage at a proposed elevated building site. The structure has two 14-foot overhead doors, two man doors, insulation, reflective roofing, and full in-floor heating. Interior improvements include kitchen cabinetry with a center island, while the loft/mezzanine provides space for an office, lounge, or storage. A 20 GPM well, private septic system, power, and driveway are already installed.

Located at 378 Bobcat Lane in Seeley Lake, Montana, the property offers views toward the Swan Range within a wooded natural setting. The existing improvements provide a substantial foundation for completing the structure according to the owner’s plans.

Key Highlights

  • 2.66 wooded acres at a proposed elevated building site
  • 32' x 48' engineered steel RV garage
  • Two 14‑ft overhead doors and two man doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,549
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,980 $271.0K
Cap Rate 7%
$193,557 $193.6K
Cap Rate 9%
$150,544 $150.5K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$17.0K $11.04/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$15.9K $10.38/SF
− OpEx
−$2.4K −$1.56/SF
NOI
$13.5K $8.82/SF
Area
Missoula County, MT
Vacancy
6.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,980
Cap Rate 7%
$193,557
Cap Rate 9%
$150,544

Alternative Uses

Best Use
Warehouse
$193.6K
$169.4K – $225.8K (±1% cap)
NOI $13,549 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$442.9K
$387.5K – $516.7K (±1% cap)
NOI $31,000 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Land

Lease Details

2
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 59868, MT

2,087
Population
1,652
Households
1.3
Avg Household Size
56
Median Age
24%
College-Educated
94%
High-School Grad
256.0 sq mi
ZIP Area
8
Density / Sq Mi
$48,409
Median Household Income
$33,650
Median Earnings
$1,028
Median Rent
$286,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Land - Served by a private well, septic system, electrical service, and installed driveway.
Where is this land located?
The property is located at 378 Bobcat Lane Seeley Lake, MT.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2.66 wooded acres at a proposed elevated building site; 32' x 48' engineered steel RV garage; Two 14‑ft overhead doors and two man doors
More about this property
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