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    2499 Lake Elmo Dr Billings, MT 59105

    Sponsored
    For Sale
    $675,000

    Prime Montana acreage, near Billings. Ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 32.55-acre agricultural property, located at 2499 Lake Elmo Drive, Billings, Montana 59105 (APN: 03103310408200000), presents a unique opportunity. Zoned for agricultural use ("Ag"), this expansive land offers unparalleled freedom from homeowner's associations or covenants. The property boasts a picturesque setting, with Five Mile Creek meandering through it, providing a tranquil escape from city life while still enjoying proximity to the amenities of Billings Heights. The location offers easy access to Lake Elmo, perfect for recreational activities such as fishing, swimming, or picnicking. This substantial parcel presents itself as a versatile investment, suitable for a custom home, animal sanctuary, or other agricultural endeavors. Its strategic location near a growing metropolis ensures both rural charm and potential for future appreciation. The asking price for this remarkable property is $675,000. Don't miss this chance to own a piece of Montana's beauty and potential.

    Property Features for 2499 Lake Elmo Dr

    General Information

    Property type
    Farms
    Lot Size
    1,417,878 SF

    HighLights

    • 1. 32.55‑acre lot
    Property Profile Location Intelligence

    Current Use by Public Records

    Billings Trap Club Sports Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.4751069
    Latitude
    45.8429187

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    FAQs

    What type of property is this?
    Farm - Prime Montana acreage, near Billings. Ideal for development.
    Where is this farm located?
    The property is located at 2499 Lake Elmo Dr Billings, MT.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 1. 32.55-acre lot; ;
    Request Owner's contact information
    2499 Lake Elmo Dr Billings, MT 59105
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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
    2499 Lake Elmo Dr Billings, MT 59105
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