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Property profile & analytics
OFF-MARKET
Land

147 Meins Rd Rapelje, MT 59067

2104 ac lot Built 1994
Property ID
Property summary
AI-generated overview

This exceptional 2,104-acre ranch in Stillwater County, Montana, presents a unique opportunity. Located near Rapelje, MT, at 147 Meins Road, zip code 59067, this property boasts stunning scenery, including the iconic Locomotive Butte and dramatic sandstone rimrocks. The ranch's versatile terrain supports robust grazing, capable of accommodating 130 cow-calf pairs seasonally or over 260 yearlings with proper management, and 100 pairs year-round. Water resources are plentiful, featuring an artesian well with geothermally heated water providing gravity-fed water to each of the five pastures, supplemented by concrete stock tanks and a perennial stream, along with two seasonal springs. Native grasses thrive across the valley floor, attracting a significant elk herd (approximately 120 head) and other wildlife such as mule deer, antelope, black bear, mountain lion, and bobcat. Improvements include a three-bedroom, two-bathroom manufactured home, suitable for living or as a hunting lodge. The ranch is fully operational, equipped with working corrals, sorting pens, and various outbuildings. Built in 1994, this property offers a blend of historical charm and modern functionality, making it an ideal investment for agricultural or recreational purposes. The asking price is $2,674,999.

Property profile
Verified
Property type Land
Year built 1994
Lot 2104 ac (91,650,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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