Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Parcel Near Highway 12 Title is generated by Realmo AI

    Hwy 12, Roundup, MT 59072

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    Contact for pricing

    LAND - Roundup, MT

    Lot size:
    2.44 Acres
    Added:
    Oct 20, 2025
    Days on Market:
    214
    Last Refresh:
    May 21 at 12:06 pm

    Property Features for Hwy 12

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    5039000000
    Lot size
    2.44 Acres

    Taxes and HOA fees

    Tax Description
    S27, T08 N, R25 E, COS 2006-21, Parcel 1

    We can help!

    Listing Contact
    Patrick Riley

    Listing agent Patrick Riley License #RRE-BRO-LIC-119135

    Listing office LP Bar Realty 201 Canyon Road, Roundup, MT

    Listing date Oct 20, 2025

    MLS# 355801 Listing URL

    Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Creek running through the property
    • Suitable for a small pasture
    • Located right off Hwy 12
    • Small parcel

    Overview

    This 2.438-acre land parcel is located just off Highway 12 near Roundup, MT. The property features a creek running through it. Situated in the flood plain, the lot is not buildable, but it could be suitable for use as a small pasture.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Roundup
    County
    Musselshell
    State
    Montana
    Longitude
    -108.555415
    Latitude
    46.440285

    Nearby Similar for Sale

    • $180,000
      1,114 SF

      Turnkey Automotive Repair Shop

      Two-bay automotive repair shop on a busy corner lot.
      304 Main Street, Roundup, MT 59072
      View Details
    • $185,400

      Roundup MT Development Lots

      28 development lots in Roundup, MT with contract for deed.
      28 lots 10th Avenue W, Roundup, MT 59072
      View Details
    • $149,500

      Development Land in Roundup, Montana

      6.137 acres of land for residential development.
      NHN 3rd Street E, Roundup, MT 59072
      View Details
    • $149,000

      40 Acres of Vacant Land

      Undeveloped 40-acre property with building sites and panoramic views.
      52 Buckskin Road, Roundup, MT 59072
      View Details
    • $299,000

      Roundup, MT Land For Sale

      43+ acre pastureland with utilities and outbuildings near state land.
      647 Majerus Road lot: 2 & 3, Roundup, MT 59072
      View Details
    • $300,000

      Commercial Land in Roundup, MT

      3.48-acre commercial land available in Roundup, Montana.
      ... Highway 87, Roundup, MT 59044
      View Details
    • $245,000

      24.25 Acres Near Roundup, MT

      Wooded acreage with log home kit near Roundup, Montana.
      Smith Ct, Roundup, MT 59072
      View Details
    • $60,000

      Montana Land Near Billings

      11+ acre parcel near Roundup, 30 minutes from Billings.
      70 Rocky Top Road, Roundup, MT 59072
      View Details
    • $99,000

      40 Acres of Montana Land

      Raw Montana land suitable for residential, recreational, or agricultural use.
      118 Buckskin Drive lot: 9, Roundup, MT 59072
      View Details
    • $1,700,000

      Montana Hunting Land with Shop

      420 acre hunting land with improvements near Roundup, Montana.
      NHN Road, Roundup, MT 59072
      View Details
    • $115,000

      20 Acres in Bull Mountains

      Secluded 20-acre Montana land with views and abundant wildlife.
      Blue Rd, Roundup, MT 59073
      View Details
    • $795,000
      2 SF

      Historic Building on Main Street

      Adaptable space in a prime location with modern amenities.
      201 Main Street Roundup, MT 59072, MT 59072
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 2.44-acre parcel with creek, suitable for pasture.
    Where is this agricultural land / farmland located?
    The property is located at Hwy 12 Roundup, MT.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Creek running through the property; Suitable for a small pasture; Located right off Hwy 12
    (406) 698-3056
    We can help!
    Listing Contact
    Patrick Riley
    Real Estate License ID: RRE-BRO-LIC-119135
    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
    Hwy 12, Roundup, MT 59072
    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!