Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Montana Wilderness Mining Claims Land Title is generated by Realmo AI

    56 Kewanee Lode, Philipsburg, MT 59858

    View on Map
    Claim this Listing
    For Sale
    $245,000

    LAND - Philipsburg, MT

    Lot size:
    33.39 Acres
    Added:
    Jun 20, 2025
    Days on Market:
    331
    Last Refresh:
    May 16 at 2:06 pm

    Property Features for 56 Kewanee Lode

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    46147604301010000
    Lot size
    33.39 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    S04, T06N, R13W, Acres 16.58, Fred Burr Falls Lode MS 2756 and S04, T06N, R13W, Acres 16.81, Peoria Lode MS 2754
    Tax Annual Amount
    14

    We can help!

    Listing Contact
    Jenna Buxbaum

    Listing agent Jenna Buxbaum License #RRE-RBS-LIC-99962

    Listing office Clearwater Montana Properties - Philipsburg 116 E Broadway, Seeley Lake, MT

    Listing date Jun 20, 2025

    MLS# 30052430 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.

    HighLights

    • Over 32 acres of pristine mountain wilderness bordered by Forest Service on two sides.
    • Off‑grid paradise with marketable timber (lodgepole pine and Douglas fir) for onsite harvesting and milling.
    • Partially developed building site for a large cabin and two RV pads.
    • Abundant wildlife (elk, deer, moose, bear, mountain lions, grouse).
    • Breathtaking views of Fred Burr Canyon and the valley.
    • Features unique rock outcroppings, an old miners cabin, and two fire pits.

    Overview

    This property features over 32 acres of pristine mountain wilderness, comprised of two patented mining claims and bordered on two sides by Forest Service land. The area includes significant stands of mature lodgepole pine and Douglas fir, much of which is marketable timber suitable for harvesting and milling onsite to construct a lodge or off-grid cabins. A partially developed building site for a large cabin is present, along with two pads for RVs, two fire pits constructed of large boulders, and a sawdust compost outhouse. The property supports abundant wildlife, including elk, deer, moose, black bear, mountain lions, and grouse. Explore game trails, dramatic cliffs, unique rock outcroppings, an old miners cabin, and views of Fred Burr Canyon and the valley. This property offers a rare opportunity for solitude in Montana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mining land & claims

    Map

    City
    Philipsburg
    County
    Granite
    State
    Montana
    Longitude
    -113.446
    Latitude
    46.2472

    Nearby Similar for Sale

    • $425,000

      Prime Lot in Downtown Philipsburg

      Rare lot on main thoroughfare with endless possibilities.
      133 W Broadway, Philipsburg, MT 59858
      View Details
    • $895,000

      Montana Land with Mountain Views

      78.85 acres near Philipsburg, MT with water rights.
      NHN Skalkaho Road, Philipsburg, MT 59858
      View Details
    • $895,000

      Philipsburg Land with Mountain Views

      78.85-acre property with water rights and mountain views.
      NHN Skalkaho Road, Philipsburg, MT 59858
      View Details
    • $140,000

      Land with Mountain Views

      3.82 acres with views near Discovery Ski Basin.
      Lot 4 Scranton Lode, Philipsburg, MT 59858
      View Details
    • $295,000

      Montana Land with Mountain Views

      7.15 acres near Philipsburg with recreational opportunities.
      NHN Business Loop, Philipsburg, MT 59858
      View Details
    • $168,000

      Philipsburg Land Parcel For Sale

      Double city lot in the heart of Philipsburg, Montana.
      203/209 California Street, Philipsburg, MT 59858
      View Details
    • $105,000

      Land For Sale, Philipsburg, MT

      Vacant .29 acre lot available in Philipsburg, Montana.
      W 7th Street, Philipsburg, MT 59858
      View Details
    • $145,000

      Philipsburg Land with Mountain Views

      3.24 acres with views near Discovery Ski Basin.
      Lot 5 Scranton Lode, Philipsburg, MT 59858
      View Details
    • $335,000

      Land with Mountain Views

      Serene 20-acre land near recreational activities and public lands.
      Black Pine Meadows Subdivision lot: 10, Philipsburg, MT 59858
      View Details
    • $140,000

      Land with Mountain Views

      3.91 acres with views near Discovery Ski Basin.
      Lot 3 Scranton Lode, Philipsburg, MT 59858
      View Details
    • $145,000

      Philipsburg Land with Mountain Views

      3.24 acres with views near Discovery Ski Basin.
      Lot 5 Scranton Lode, Philipsburg, MT 59858
      View Details
    • $140,000

      Land with Mountain Views

      3.91 acres with views near Discovery Ski Basin.
      Lot 3 Scranton Lode, Philipsburg, MT 59858
      View Details

    FAQs

    What type of property is this?
    Mining land & claim - Pristine 33+ acre mountain wilderness with marketable timber.
    Where is this mining land & claim located?
    The property is located at 56 Kewanee Lode Philipsburg, MT.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Over 32 acres of pristine mountain wilderness bordered by Forest Service on two sides.; Off‑grid paradise with marketable timber (lodgepole pine and Douglas fir) for onsite harvesting and milling.; Partially developed building site for a large cabin and two RV pads.
    (406) 274-0805
    We can help!
    Listing Contact
    Jenna Buxbaum
    Real Estate License ID: RRE-RBS-LIC-99962
    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

    Thank You for Inquiry
    56 Kewanee Lode, Philipsburg, MT 59858
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!