Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot in Plains, MT Title is generated by Realmo AI

    nhn Third Street, Plains, MT 59859

    View on Map
    Claim this Listing
    For Sale
    $83,000

    LAND - Plains, MT

    Lot size:
    0.15 Acres
    Added:
    Nov 17, 2025
    Days on Market:
    181
    Last Refresh:
    May 17 at 6:06 am

    Property Features for nhn Third Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    35297927414160000
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 6 Block 18, Willis Add S27, T20N, R26W

    We can help!

    Listing Contact
    Mary E Halling

    Listing agent Mary E Halling License #RRE-RBS-LIC-45654

    Listing office Clearwater Montana Properties - Plains 306 W Railroad Ave Ste 1, Seeley Lake, MT

    Listing date Nov 17, 2025

    MLS# 30061337 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.

    HighLights

    • Convenient corner lot location with easy street and alley access.
    • Mobile homes allowed (1986 or newer).
    • Water and sewer hookups available (approximately $5000).
    • Mature trees lining the property.
    • Close proximity to the river and county fairgrounds.
    • Electric, phone, and internet readily available.

    Overview

    This 0.149-acre corner lot is located in Plains, Montana. The property is conveniently situated and features mature trees. It offers easy street access to Fourth Avenue and Third Street and is backed by an alley. The lot is close to the river and county fairgrounds, with downtown amenities within walking distance. According to the town of Plains, mobile homes from the year 1986 or newer are permitted. Hookups to water and sewer are available for approximately $5000. Electric, phone, and internet services are also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Plains
    County
    Sanders
    State
    Montana
    Longitude
    -114.8912258
    Latitude
    47.4577041

    Nearby Similar for Sale

    • $899,000

      Montana Land with Cabin Retreat

      312.96 acres bordering Lolo National Forest with finished dry cabin.
      0 W Fork Combest Creek Road, Plains, MT 59859
      View Details
    • $399,000

      Mountain View Land For Sale

      21.63 acres with mountain views and water feature.
      24 Labrador Lane, Plains, MT 59859
      View Details
    • $495,950

      Land with Mountain Views

      20+ acre parcel ready for new home construction.
      132 Hillview Road, Plains, MT 59859
      View Details
    • $1,950,000

      Montana Land with Rustic Cabin

      935 acres of recreational land with a rustic cabin.
      0 West Fork Combest Creek Road, Plains, MT 59859
      View Details
    • $122,000

      Land with Highway Access

      Acreage with easy access, views, and wildlife.
      Henry Creek Meadows lot: 9, Plains, MT 59859
      View Details
    • $899,000

      Montana Land Bordering National Forest

      312.96 acres bordering Lolo National Forest near Plains, Montana.
      W Fork Combest Creek Road, Plains, MT 59859
      View Details
    • $245,000

      Waterfront Acreage with Foundation

      One-acre waterfront property with foundation near Clark Fork River.
      1750 W River Road, Plains, MT 59859
      View Details
    • $1,950,000

      Montana Land with Rustic Cabin

      935-acre Montana retreat with hunting and recreational opportunities.
      W Fork Combest Creek Road, Plains, MT 59859
      View Details
    • $250,000

      Waterfront Land in Plains, Montana

      Rare waterfront property with development potential near Plains, Montana.
      nhn Harbine Ranch Estates lot: 1, Plains, MT 59859
      View Details
    • $225,000

      Highway Frontage Land Near Plains

      4.47 acres with highway access near Clark Fork River.
      7927 MT Hwy 200, Plains, MT 59859
      View Details
    • $195,000

      Flathead Riverfront Land in Plains

      1.46-acre Flathead Riverfront parcel ideal for building your dream home.
      NHN Happys Way, Plains, MT 59859
      View Details
    • $314,900

      Flathead Riverfront Land Parcel

      2.61-acre riverfront property with water rights on Flathead River.
      23 Happys Way, Plains, MT 59859
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential corner lot with mature trees, close to amenities.
    Where is this residential land & home lot located?
    The property is located at nhn Third Street Plains, MT.
    What is the asking price?
    The asking price for this property is $83,000.
    What are key features of this property?
    This property features: Convenient corner lot location with easy street and alley access.; Mobile homes allowed (1986 or newer).; Water and sewer hookups available (approximately $5000).
    (406) 207-7430
    We can help!
    Listing Contact
    Mary E Halling
    Real Estate License ID: RRE-RBS-LIC-45654
    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

    Thank You for Inquiry
    nhn Third Street, Plains, MT 59859
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!