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    719 Michigan Ave Libby, MT 59923

    For Sale
    $55,000

    Build Your Dream in Peaceful Libby, MT

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.2-acre commercial land parcel presents a unique opportunity in the captivating mountain town of Libby, Montana. Located at 719 Michigan Avenue, zip code 59923, this property offers unparalleled potential for various commercial ventures or personal development. The lot's size provides ample space for a range of projects, from a small-scale commercial building to a private retreat. Situated in Lincoln County, the property benefits from Libby's vibrant community and stunning natural surroundings. Libby is renowned for its abundant recreational opportunities, including hiking, fishing, skiing, and snowmobiling, catering to an active lifestyle. The property's address is easily accessible, providing convenient access to local amenities and transportation routes. The asking price for this remarkable land is $55,000, making it an attractive investment for those seeking a piece of Montana's natural beauty and commercial potential. This is a rare chance to own a piece of this picturesque mountain town, offering both investment value and the lifestyle benefits of a thriving community nestled in the heart of nature. Don't miss this chance to build your future in Libby.

    Property Features for 719 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    8,712 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.5446936
    Latitude
    48.3861422

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    FAQs

    What type of property is this?
    Land - Build Your Dream in Peaceful Libby, MT
    Where is this land located?
    The property is located at 719 Michigan Ave Libby, MT.
    What is the asking price?
    The asking price for this property is $55,000.
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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
    719 Michigan Ave Libby, MT 59923
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