Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    A-2 Skyfire Dr Ward, MT 59840

    • Land
    • 41.48 lot acres
    For Sale
    View listing
    $1,600,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for A-2 Skyfire Dr

    Lot size
    41.48 lot acres
    Property type
    Land

    Description

    This exceptional 41.48-acre property, encompassing two parcels (A-2 & A-3 Skyfire Drive), presents a unique opportunity to build a dream home in the breathtaking landscape of Montana. Boasting majestic views of the Bitterroot and Sapphire Mountains, this land offers unparalleled beauty and tranquility. Located just minutes from the amenities of Hamilton, this location provides convenient access to town while maintaining a secluded and peaceful atmosphere. The property's southern boundary benefits from the Daly Ditch irrigation system, sourced from the Skalkaho Highline Ditch, offering potential irrigation possibilities. Recreational opportunities abound, with nearby access to fishing, skiing, hiking, and horseback riding. The property is situated on a private access road, ensuring privacy and exclusivity. The address is A-2 & A-3 Skyfire Drive, Hamilton, Montana, 59840. This is a rare chance to own a significant piece of Montana's natural beauty, perfect for creating a secluded homestead or a private mountain retreat. The asking price is $1,600,000. Note that access is via a private road. The property is zoned residential.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ward
    County
    Ravalli
    State
    Montana
    Longitude
    -114.116
    Latitude
    46.1536

    Comparable in this City

    • Value Estimation by Request
      27.79 Acres

      391 Skyline Dr

      Land • 27.79 Acres
      391 Skyline Dr, Hamilton, MT 59840
      View Details
    • Value Estimation by Request
      2.46 Acres

      35 Stock Farm

      Land • 2.46 Acres
      35 Stock Farm, Corvallis, MT 59840
      View Details
    • Value Estimation by Request
      5.27 Acres

      429 Two Horse Ln

      Land • 5.27 Acres
      429 Two Horse Ln, Hamilton, MT 59840
      View Details
    • Value Estimation by Request
      0.50 Acres

      635 Md Cir

      Land • 0.50 Acres
      635 Md Cir, Hamilton, MT 59840
      View Details
    • Value Estimation by Request
      1.95 Acres

      4 Belmont Ave

      Multifamily properties • 1.95 Acres
      4 Belmont Ave, Hamilton, MT 59840
      View Details
    • Value Estimation by Request
      25.00 Acres

      178 Blodgett View Dr

      Land • 25.00 Acres
      178 Blodgett View Dr, Hamilton, MT 59840
      View Details

    Similar Nearby for Sale

    • $1,595,000
      40.36 Acres

      Montana Mountain Estate - 40 Acres

      Stunning Bitterroot views, buildable land.
      559 No Better Vw, Ward, MT 59840
      View Details
    • $249,000
      0.50 Acres

      Hamilton, MT Residential Lot

      Prime .5-acre lot, build-ready, stunning views.
      635 Md Cir, Hamilton, MT 59840
      View Details
    • $1,200,000

      Hamilton, MT Residential Land

      95,832 sq ft lot, stunning views
      318 Thebian Ln, Hamilton, MT 59840
      View Details
    • $299,000

      Hamilton, MT Residential Land

      4.33 Acres, Mountain Views, Irrigation
      204 Camas Orchards Trl, Hamilton, MT 59840
      View Details
    • $187,500

      Hamilton, MT Residential Land

      Build Your Dream Home on this Half-Acre Lot!
      151 Joncar Ct, Hamilton, MT 59840
      View Details
    • $525,000
      10.00 Acres

      10-Acre Montana Land Parcel

      Prime Bitterroot Valley land; build your dream home.
      127 Blodgett Camp Rd, Hamilton, MT 59840
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      916 SF

      Downtown Office Suites For Rent

      Office suites in walkable downtown area, easy highway access.
      204 Pinckney St, Hamilton, MT 59840
      View Details
    • $1,500 /Mo
      610 SF

      Versatile Commercial Condo in Hamilton

      Commercial condo in Hamilton, MT, suitable for retail, office, medical.
      301 N 1St St, Hamilton, MT 59840
      View Details
    • $1,500 /Mo
      610 SF

      Versatile Commercial Condo in Hamilton, MT

      Commercial condo in Hamilton, MT, ideal for retail, office, medical.
      301 N 1St St, Hamilton, MT 59840
      View Details
    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.
    A-2 Skyfire Dr
    Ward, MT 59840
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.