Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd Granite Lk Rd Libby, MT 59923

    Sponsored
    For Sale
    $200,000

    Montana commercial lot, scenic location, near golf course.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    415
    This exceptional 2.49-acre commercial lot presents a unique opportunity in Libby, Montana. Ideally situated just five minutes from the heart of Libby, this property boasts a tranquil setting close to a golf course, catering to those who appreciate the beauty of the natural surroundings. The location offers unparalleled access to outdoor recreation, with proximity to a walking path, cross-country ski trails, and numerous hiking trails. The ample space provides endless possibilities for development, making it perfect for constructing a custom home, a vacation retreat, or a commercial venture that capitalizes on the area's natural beauty and recreational opportunities. The property is conveniently located in Lincoln County, Montana, with the address listed as TBD Granite Lake Road, Libby, MT 59923. The asking price for this remarkable parcel is $200,000. This is a rare chance to acquire a substantial lot in a desirable location with exceptional access to outdoor activities and the amenities of Libby. Don't miss this opportunity to build your dream project in this picturesque Montana setting.

    Property Features for 0 Tbd Granite Lk Rd

    General Information

    Property type
    Land
    Lot Size
    108,464 SF

    We can help!

    Listing Contact
    Roby Bowe

    Learn more

    HighLights

    • 2.49‑acre commercial lot in Libby, Montana.
    • Five‑minute proximity to Libby's city center.
    • Tranquil setting near a golf course, walking paths, cross‑country ski trails, and hiking trails.
    • Suitable for custom home, vacation retreat, or commercial development.
    • Located on TBD Granite Lake Road, Libby, MT 59923, in Lincoln County.
    • Priced at $200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.563375
    Latitude
    48.3301556

    Nearby Similar for Sale

    • $895,000
      0.27 Acres

      Libby, MT Income Property

      Well-maintained apartments in a prime commercial location with income potential.
      505 E 10Th St, Libby, MT 59923
      View Details
    • $545,000
      0.15 Acres

      Craftsman Home with Rental Income

      Charming, remodeled craftsman home with separate guest quarters for rental income.
      118 E Lincoln Blvd, Libby, MT 59923
      View Details
    • $460,000
      0.24 Acres

      Updated Commercial Building on Highway

      Remodeled commercial building with high visibility and drive-up window.
      906 Montana Ave, Libby, MT 59923
      View Details
    • $565,000
      0.17 Acres

      Downtown Libby Commercial Building For Sale

      7,200 sq ft commercial building in downtown Libby, Montana.
      520 Mineral Ave, Libby, MT 59923
      View Details
    • $54,900
      980 SF

      Well-Maintained Manufactured Home in Quiet Park

      2-bedroom, 1-bath manufactured home in a quiet, owner-occupied park.
      506 Park St, Libby, MT 59923
      View Details
    • $324,900
      6,675 SF

      Libby Commercial Property w/Acreage

      Spacious Commercial Building & Home on 1.83 Acres
      28132 Us Highway 2, Libby, MT 59923
      View Details
    • $2,400,000
      1.98 Acres

      Libby Restaurant & Storage Complex

      Established business, 2 acres, highway frontage.
      1111 9Th St, Libby, MT 59923
      View Details
    • $749,000
      8,100 SF

      Prime Libby RV Park & Storage

      Montana RV Park with Storage Units
      11749 Mt Highway 37, Libby, MT 59923
      View Details
    • $300,000
      1,632 SF

      Libby Commercial Building - Great Potential

      1632 sq ft, corner lot, versatile zoning.
      206 6Th St, Libby, MT 59923
      View Details
    • $2,200,000
      7,240 SF

      Libby Hotel: 16 Units, High ROI

      Profitable Montana Hotel - Excellent Investment
      31901 Us Highway 2, Libby, MT 59923
      View Details
    • $1,800,000

      Downtown Libby Hotel Investment

      Prime Libby Hotel: Huge Potential!
      919 Mineral Ave, Libby, MT 59923
      View Details
    • $2,400,000
      1.98 Acres

      Libby, MT Mixed-Use Investment

      Restaurant, Rentals, Storage - $2.4M
      1111 9Th St, Libby, MT 59923
      View Details

    FAQs

    What type of property is this?
    Land - Montana commercial lot, scenic location, near golf course.
    Where is this land located?
    The property is located at Tbd Granite Lk Rd Libby, MT.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 2.49-acre commercial lot in Libby, Montana.; Five-minute proximity to Libby's city center.; Tranquil setting near a golf course, walking paths, cross-country ski trails, and hiking trails.
    Request Owner's contact information
    Tbd Granite Lk Rd Libby, MT 59923
    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.
    Tbd Granite Lk Rd
    Libby, MT 59923
    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
    Tbd Granite Lk Rd Libby, MT 59923
    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

    We can help!
    Listing Contact
    Roby Bowe
    Real Estate License ID: RRE-RBS-LIC-71735
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.