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    127 Mt Highway 221 Choteau, MT 59422

    Sponsored
    For Sale
    $550,000

    Prime Montana Land: $550,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,383,030 square foot parcel, located at 127 Mt Highway 221 in Choteau, Montana (zip code 59422), presents a unique investment opportunity. Currently zoned Residential "B," allowing for residential development such as a home or multifamily building, this property is poised for significant future value. The existing structures on the site are uninhabitable and will not be conveyed

    Property Features for 127 Mt Highway 221

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1960

    HighLights

    • 1,383,030 square foot parcel located at 127 Mt Highway 221, Choteau, MT 59422.
    • Currently zoned Residential "B", suitable for residential development (single‑family or multifamily).
    • Existing structures are uninhabitable and will not be included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Repair Shop HVAC Service Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Choteau
    County
    Teton
    State
    Montana
    Longitude
    -112.1724439
    Latitude
    47.8158095

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Montana Land: $550,000
    Where is this mixed-use property located?
    The property is located at 127 Mt Highway 221 Choteau, MT.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 1,383,030 square foot parcel located at 127 Mt Highway 221, Choteau, MT 59422.; Currently zoned Residential "B", suitable for residential development (single-family or multifamily).; Existing structures are uninhabitable and will not be included in the sale.
    Request Owner's contact information
    127 Mt Highway 221 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
    127 Mt Highway 221 Choteau, MT 59422
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