2424 Morning Dun Rd Missoula, MT 59804
This exceptional 40-acre parcel in Missoula, Montana, presents a rare opportunity for investment or development. Located at Lot 2 - 2424 Morning Dun Road, Missoula, MT 59804, this property offers significant potential for a legacy home, ranch, or other development projects. The land is uniquely situated, representing the last remaining parcel of its kind in the immediate vicinity of Missoula, having recently transitioned from timber company ownership to private hands for the first time in its history. Much of the surrounding timberland has been reclaimed by state and national forest services, further highlighting the rarity and value of this property. The asking price is $950,000. This offering includes one 40-acre parcel; however, the seller is also offering three individual 40-acre parcels or the combined 120 acres as one larger parcel. This presents a flexible investment opportunity tailored to various needs and preferences. The property's rich history and unique location make it a truly exceptional investment opportunity in the desirable Missoula area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.