2275 Shay Rd Laurel, MT 59044
This expansive 148.337-acre agricultural property is located just south of Interstate 90, west of Billings, Montana, at 2275 Shay Road, Laurel, MT 59044. Conveniently situated near a recently completed interstate ramp, this land offers unparalleled access while maintaining a peaceful, rural atmosphere. The property boasts predominantly flat terrain with rich, fertile soil, historically yielding crops such as corn, barley, wheat, alfalfa, and sugar beets. Existing fenced areas are suitable for livestock grazing. A significant feature is a pond and a natural ditch, providing a thriving habitat for wildlife and offering potential for irrigation or aquaculture. Water rights are associated with the property. The property's proximity to the Yellowstone River adds to its recreational appeal, with opportunities for birdwatching, hunting, fishing, and other outdoor activities. Development potential is significant, with possibilities including a sportsman's lodge or a residential community, capitalizing on the blend of rural tranquility and convenient access to amenities. The surrounding area comprises other agricultural properties and farms, creating a connected yet rural environment. The asking price for this versatile property is $1,875,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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