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    775 3Rd St Choteau, MT 59422

    Sponsored
    For Sale
    $60,000

    Half-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.529-acre commercial lot presents a rare opportunity in Choteau, Montana. Located on the south edge of town at 775 SW 3rd Street, this unimproved lot offers significant potential for development. Priced affordably at $60,000, the property boasts convenient access to city services, with utilities readily available. Power is located at the rear of the property, and a well is situated near the front. Previous work has already been completed, including the hauling of dirt to raise the lot grade, simplifying site preparation. While currently zoned "A" Residential, with appropriate landscaping and city approvals, this lot is well-suited for commercial development. The size of this lot is uncommon within the town limits, making it a highly desirable and valuable asset for investors and developers seeking a prime location in Choteau's growing market. The property's address is 775 SW 3rd Street, Choteau, MT 59422, situated in Teton County. This is a unique chance to acquire a substantial parcel of land in a desirable location, ready for your vision.

    Property Features for 775 3Rd St

    General Information

    Property type
    Land
    Lot Size
    23,043 SF

    HighLights

    • 0.529‑acre commercial lot in Choteau, MT, priced at $60,000.
    • Located at 775 SW 3rd Street, on the south edge of town.
    • Utilities readily available; power at rear, well near front.
    • Lot grade previously raised, simplifying site prep.
    • Currently zoned "A" Residential, but suitable for commercial development with city approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Choteau
    County
    Teton
    State
    Montana
    Longitude
    -112.1762064
    Latitude
    47.8158578

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    FAQs

    What type of property is this?
    Land - Half-acre commercial lot, ready to build.
    Where is this land located?
    The property is located at 775 3Rd St Choteau, MT.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 0.529-acre commercial lot in Choteau, MT, priced at $60,000.; Located at 775 SW 3rd Street, on the south edge of town.; Utilities readily available; power at rear, well near front.
    Request Owner's contact information
    775 3Rd St Choteau, MT 59422
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    Choteau, MT 59422
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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
    775 3Rd St Choteau, MT 59422
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