Property summary
This exceptional Montana ranch, known as Holmes Ranch, encompasses approximately 23,665 acres of prime grazing land in the Tongue River Valley, less than 30 miles from Sheridan, Wyoming. The property boasts a thriving mix of native grasses, sagebrush, juniper, ponderosa pine, and other deciduous trees. Water resources are abundant, including seasonal flowing water in the Deer Creek and Badger Hills watersheds, numerous springs, and reservoirs. The ranch is currently owner-rated to support 600 cows annually, or realistically 1,000 cow/calf pairs, or 3,000-3,500 yearlings during the grazing season. It's currently utilized for both pairs and stockers, operating with limited labor requirements, making it ideal for investors seeking a productive, low-overhead working ranch. The large, contiguous land mass offers diverse investment opportunities. Beyond cattle ranching, the property presents significant potential for hunting, wildlife viewing, photography, and water sport recreation. The ranch includes a substantial indoor arena (37,500 sq ft). Land ownership includes approximately 13,800 deeded acres, 4,688 acres of BLM land (MT Allotment 00085 – 695 AUMs), and 1,305 acres of state land (#2545, #6844, #8060), along with 3,875 acres under private lease. The property offers extremely limited public access, providing exceptional privacy and seclusion. The location provides easy access to Sheridan, Wyoming, approximately 30 minutes away. This is a rare opportunity to acquire a significant, well-managed, and highly productive ranch in a desirable location. The asking price is $21,000,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.