Property profile

22-A2 Shining Mtn Airpark Ennis, MT 59729

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

Exceptional 2.5-acre residential lot at the Shining Mountains Airpark in Ennis, Montana (Lot 22-A2), priced at $495,000. This property boasts a large hangar (approximately 2500+ square feet, buyer to verify) with direct paved access to the Ennis-Big Sky Airport runway via West Stearman. The hangar is insulated and heated by propane (rented tank from Northern Energy). Electricity is metered on the lot, and fiber optics are available. The lot is perimeter fenced and gated. The airport recently underwent upgrades, resulting in a 100' x 7600' paved runway. Conveniently located south of Ennis, this property offers easy access to Yellowstone National Park (within an hour) and the Madison River (minutes away). Choice Aviation manages the airport, providing aviation fuel, pilot supplies, transportation, maintenance, and other services. The property is subject to covenants. This unique offering is ideal for those seeking a combination of aviation convenience and recreational Montana living. The lot's size and location make it suitable for a variety of uses, including a large shop (size to be verified by the buyer). The property's proximity to amenities and recreational opportunities makes it a highly desirable investment. The zip code is 59729.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22-A2 Shining Mtn Airpark Ennis, MT 59729
Ennis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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