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    960 Mt Hwy 2 Tippet Place, MT 59759

    For Sale
    $2,400,000
    Added:
    Dec 11, 2024
    Days on Market:
    368

    Property Features for 960 Mt Hwy 2

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2022

    HighLights

    • Established LaHood Park Steakhouse, rebuilt in 2023, serving certified Angus beef in a high‑demand location.
    • Prime 34‑acre riverfront parcel with Jefferson River frontage.
    • Existing outdoor deck and potential for lodging/RV hookups to capitalize on tourism.
    • Includes an RV pad with hookups and a large insulated heated shop with a full bath.
    • Strong established income with significant upside potential due to location near Lewis & Clark Caverns and Yellowstone National Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tippet Place
    County
    Jefferson
    State
    Montana
    Longitude
    -112.194479
    Latitude
    45.9207297

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    FAQs

    Where is this restaurant located?
    The property is located at 960 Mt Hwy 2 Tippet Place, MT.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Established LaHood Park Steakhouse, rebuilt in 2023, serving certified Angus beef in a high-demand location.; Prime 34-acre riverfront parcel with Jefferson River frontage.; Existing outdoor deck and potential for lodging/RV hookups to capitalize on tourism.
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    960 Mt Hwy 2 Tippet Place, MT 59759
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    Tippet Place, MT 59759
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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
    960 Mt Hwy 2 Tippet Place, MT 59759
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