Sign Up Successful!
You now have access to more from Realmo!
    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

    349 Champion Haul Rd Libby, MT 59923

    Sponsored
    For Sale
    $265,000

    Build-Ready Montana Land, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    418
    This exceptional 2.94-acre parcel in Libby, Montana, presents a unique opportunity for residential development. Located just ten miles south of Libby, this property offers convenient access via a paved county-maintained road. The land is level and ready for construction, boasting a pre-installed well and an approved septic system, ensuring a smooth building process. Electricity is readily available nearby. The property's natural beauty is enhanced by a small, year-round artesian stream, adding a tranquil element to this idyllic setting. The land is generously timbered, providing privacy and a connection to nature. This property is particularly attractive for those seeking a rural lifestyle, as livestock and mobile homes are permitted. There are no homeowner's association fees, offering complete freedom and flexibility. For those requiring more space, the adjacent lot is also available for purchase. The seller is willing to install electrical service and a septic system for an additional cost, providing further convenience and customization options. The property is situated in Lincoln County, Montana, and has a zip code of 59923. The coordinates are 48.3887437 latitude and -115.5391745 longitude. This is a truly remarkable opportunity to own a piece of Montana's natural beauty.

    Property Features for 349 Champion Haul Rd

    General Information

    Property type
    Land
    Lot Size
    128,066 SF

    We can help!

    Listing Contact
    Chris Faulkner

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.5391745
    Latitude
    48.3887437

    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 - Build-Ready Montana Land, Stunning Views
    Where is this land located?
    The property is located at 349 Champion Haul Rd Libby, MT.
    What is the asking price?
    The asking price for this property is $265,000.
    Request Owner's contact information
    349 Champion Haul 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.
    349 Champion Haul 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
    349 Champion Haul 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
    Chris Faulkner
    Real Estate License ID: RRE-RBS-LIC-89150
    Learn more
    Google sign-in failed. Please try again or use another login method.