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

    NHN Cornerstone Road Thompson Falls, MT 59873

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $74,000

    LAND - Thompson Falls, MT

    Lot size:
    0.42 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    38
    Last Refresh:
    Apr 29 at 10:06 pm

    Property Features for NHN Cornerstone Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    35309106302160000
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 16, Solid Rock Estates Phase 1
    Tax Annual Amount
    414

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Jenna J Brown

    Listing agent Jenna J Brown License #RRE-BRO-LIC-9846

    Listing office Elliott Realty 1213 Main St. P.O. Box 1178, Thompson Falls, MT

    Listing date Mar 23, 2026

    MLS# 30067308 Listing URL

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Thompson Falls Building Parcel

    This .41+ acre level building parcel is located in Solid Rock Estates and offers mountain views. City water and sewer are available at the street. Situated on the west side of Thompson Falls in an attractive neighborhood, the property provides access to nearby walking trails along the river. It is located in Thompson Falls, MT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Thompson Falls
    County
    Sanders
    State
    Montana
    Longitude
    -115.247
    Latitude
    47.6853

    Nearby Similar for Sale

    • $375,000

      Highway Frontage Commercial Opportunity

      2.02 acres with a 2400 sqft steel building.
      5476 Mt Highway 200, Thompson Falls, MT 59873
      View Details
    • $599,900
      6,400 SF

      Silcox Building

      Exceptional Main Street location in Thompson Falls, Montana.
      303 W Main St, Thompson Falls, MT 59873
      View Details
    • $87,500

      Highway Frontage Commercial Parcel

      Commercial parcel with high visibility and easy access.
      NHN W Main Street, Thompson Falls, MT 59873
      View Details
    • $175,000

      Thompson Falls Land Near Forest

      10 acres bordering Lolo National Forest near Thompson Falls, Montana.
      Wapiti Point Drive, Thompson Falls, MT 59873
      View Details
    • $269,000

      Thompson Falls Waterfront Land Parcel

      1.1 acre parcel with over 200' of creek frontage.
      71 Osprey Drive E, Thompson Falls, MT 59873
      View Details
    • $78,900

      Montana Land in Solid Rock Estates

      0.259-acre lot ready for your dream home or cabin.
      2517 Mossy Rock Court, Thompson Falls, MT 59873
      View Details
    • $73,900

      Montana Land in Solid Rock

      0.259-acre lot ready for your dream home or cabin.
      2517 Mossy Rock Ct., Thompson Falls, MT 59873
      View Details
    • $674,500
      13,448 SF

      Highway 200 Commercial Opportunity

      Versatile Thompson Falls property with income potential and development opportunities.
      2213 Main Street E Thompson Falls, MT 59873
      View Details
    • $57,000

      Thompson Falls Building Site

      Treed lot with pond view, city utilities, paved access.
      Nhn Mossy Rock Court, Thompson Falls, MT 59873
      View Details
    • $2,100,000

      Clark Fork Riverfront Land

      65+ acres with river frontage near Thompson Falls, Montana.
      nhn Mt Hwy 200, Thompson Falls, MT 59873
      View Details
    • $550,000

      Highway Access Land For Sale

      3.512 acres with highway access and existing infrastructure.
      3 Prospect Creek Road, Thompson Falls, MT 59873
      View Details
    • $250,000

      Highway Frontage Land For Sale

      1.63 acres with highway frontage near Thompson Falls.
      1 Prospect Creek Road, Thompson Falls, MT 59873
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level .41+ acre lot with mountain views and utilities.
    Where is this residential land & home lot located?
    The property is located at NHN Cornerstone Road Thompson Falls, MT.
    What is the asking price?
    The asking price for this property is $74,000.
    What are key features of this property?
    This property features: Level building parcel with **mountain views**; City water and sewer available at the street; Located in the attractive Solid Rock Estates neighborhood
    (406) 360-7172
    We can help!
    Listing Contact
    Jenna J Brown
    Real Estate License ID: RRE-BRO-LIC-9846
    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!