Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Nhn Black Lake Road Rexford, MT 59930

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Private 20-acre lot near town with utilities and views.

    Type:Land
    Lot size:
    20.00 Acres
    Added:
    Jun 5, 2024
    Days on Market:
    671
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for Nhn Black Lake Road

    General Information

    Standard status
    Active
    Lot size
    20.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jeffrey Loomis

    Listing agent Jeffrey Loomis License #RRE-BRO-LIC-99339

    Listing office 1st American Realty

    Listing date Jun 5, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of 1st American Realty

    Overview

    20 Acres with Mountain Views

    This 20-acre lot offers privacy and views, located approximately 3 miles from town. The property includes power, phone, and high-speed fiber optics. It features county road access and a developed driveway. The varied terrain provides multiple building sites with views. Bordering 480 acres of State Land across the road, the property offers unencumbered views to the north into the Canadian Rockies. Potential building sites include the lower acreage, where removing trees could open up the view, or the upper bench, which offers views of the valley, Rockies, and Lake Koocanusa. The property is located within approximately 45 minutes of Whitefish, MT, 1 hour from Kalispell and Glacier National Airport, and 1 hour 25 minutes from Glacier Park.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Rexford
    County
    Lincoln
    State
    Montana
    Longitude
    -115.344
    Latitude
    48.8754

    Nearby Similar for Sale

    • $280,000

      Turnkey Property Near Lake Koocanusa

      Turnkey property near Lake Koocanusa in Rexford, Montana.
      272 Gateway Street, Rexford, MT 59930
      View Details
    • $249,000

      Rexford, MT Mobile Home

      Mobile home on spacious lot backing up to public land.
      352 Gateway Street, Rexford, MT 59930
      View Details
    • $319,000

      Residential Lot Near Lake Koocanusa

      Residential lot with utilities ready for dream home construction.
      206 Kokanee Drive E, Rexford, MT 59930
      View Details
    • $189,000

      Rexford, MT Land Opportunity

      Two adjoined lots totaling 3.387 acres in West Kootenai.
      5765/5855 W Kootenai Road, Rexford, MT 59930
      View Details
    • $497,000

      Montana Land with Foundation Ready

      20+ acre Rexford land with foundation and framing package.
      1675 Virginia Hill Road, Rexford, MT 59930
      View Details
    • $250,000

      Land with Lake Koocanusa Views

      5.72-acre parcel with panoramic lake and mountain views.
      155 Lonesome Lane, Rexford, MT 59930
      View Details
    • $239,900

      Lake Koocanusa Waterfront Land

      Gated community with private motorized access to Lake Koocanusa.
      144 Hurricane Ranch Road, Rexford, MT 59930
      View Details
    • $500,000

      Rexford Land with Lake View

      20.158-acre property with cabin, well, and lake views.
      747 Grand View Drive, Rexford, MT 59930
      View Details
    • $99,000

      Rexford, MT Acreage with Utilities

      1.547 acre lot with utilities near Lake Koocanusa.
      5855 W Kootenai Road, Rexford, MT 59930
      View Details
    • $99,000

      Rexford, MT Acreage with Views

      1.84 acre lot with mountain views and water rights.
      5765 W Kootenai Road, Rexford, MT 59930
      View Details
    • $189,000

      Land Parcel Near Lake Koocanusa

      Three-acre parcel with utilities near Lake Koocanusa and National Forest.
      NHN Border Lane, Rexford, MT 59930
      View Details
    • $189,000

      Rexford, MT Three-Acre Parcel

      Three-acre parcel near Lake Koocanusa with utilities in place.
      NHN Border Lane, Rexford, MT 59930
      View Details

    FAQs

    What type of property is this?
    Land - Private 20-acre lot near town with utilities and views.
    Where is this land located?
    The property is located at Nhn Black Lake Road Rexford, MT.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 20 acre lot with no covenants.; Power, phone, and **high‑speed fiber optics on the property**.; Borders **480 acres of State Land with views to the Canadian Rockies.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeffrey Loomis
    Real Estate License ID: RRE-BRO-LIC-99339
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!