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    2275 Shay Rd Laurel, MT 59044

    Sponsored
    For Sale
    $1,875,000

    Prime agricultural land near Billings, MT.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This expansive 148.337-acre agricultural property is located just south of Interstate 90, west of Billings, Montana, at 2275 Shay Road, Laurel, MT 59044. Conveniently situated near a recently completed interstate ramp, this land offers unparalleled access while maintaining a peaceful, rural atmosphere. The property boasts predominantly flat terrain with rich, fertile soil, historically yielding crops such as corn, barley, wheat, alfalfa, and sugar beets. Existing fenced areas are suitable for livestock grazing. A significant feature is a pond and a natural ditch, providing a thriving habitat for wildlife and offering potential for irrigation or aquaculture. Water rights are associated with the property. The property's proximity to the Yellowstone River adds to its recreational appeal, with opportunities for birdwatching, hunting, fishing, and other outdoor activities. Development potential is significant, with possibilities including a sportsman's lodge or a residential community, capitalizing on the blend of rural tranquility and convenient access to amenities. The surrounding area comprises other agricultural properties and farms, creating a connected yet rural environment. The asking price for this versatile property is $1,875,000.

    Property Features for 2275 Shay Rd

    General Information

    Property type
    Farms
    Lot Size
    6,461,560 SF

    HighLights

    • $1,875,000 asking price for 148.337 acres of agricultural land.
    • Located at 2275 Shay Road, Laurel, MT 59044, near I‑90 west of Billings.
    • Features fertile soil suitable for various crops (corn, barley, wheat, alfalfa, sugar beets), fenced areas for livestock, a pond, and a natural ditch.
    • Offers significant development potential for residential, recreational (hunting lodge, sportsman's paradise), or agricultural expansion.
    • Convenient access to I‑90 and the Yellowstone River enhances both agricultural and recreational value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Department Store Discount Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.8134695
    Latitude
    45.6411727

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    FAQs

    What type of property is this?
    Farm - Prime agricultural land near Billings, MT.
    Where is this farm located?
    The property is located at 2275 Shay Rd Laurel, MT.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: $1,875,000 asking price for 148.337 acres of agricultural land.; Located at 2275 Shay Road, Laurel, MT 59044, near I-90 west of Billings.; Features fertile soil suitable for various crops (corn, barley, wheat, alfalfa, sugar beets), fenced areas for livestock, a pond, and a natural ditch.
    Request Owner's contact information
    2275 Shay Rd Laurel, MT 59044
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    Laurel, MT 59044
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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
    2275 Shay Rd Laurel, MT 59044
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