Farm Yellowstone Riv Miles City, MT 59301
- Land
- 7,164.00 lot acres
Current Use by Public Records
- Land
Property Details for Farm Yellowstone Riv
- Lot size
- 7,164.00 lot acres
- Property type
- Land
Description
Exceptional investment opportunity: 7,164+/- acres of prime Montana farmland, strategically divided into seven separately deeded tracts ranging from 71.59 to 5,251.22 acres. Located in Custer County, less than nine miles northeast of Miles City, this property boasts approximately 85% fenced grazing land and over 2.5 miles of pristine Yellowstone River frontage. The land offers excellent trophy fishing and hunting opportunities for big game, waterfowl, and upland birds. Irrigation is provided by 29 newer Zimmatic pivots utilizing surface water rights included in the sale, accessed via the Yellowstone River through local irrigation districts and a newly reconstructed direct pumping site. The property has a history of successful crop rotation including corn, millet, alfalfa, wheat, and soybeans, with approximately 100% of tillable acres in production annually. The current cash rent lease expires January 1, 2025, with terms including a base rental payment and a variable rent component based on December 2024 commodity prices. The seller will consider bids on individual tracts, combinations of tracts, or the entire property. All bids are due July 16, 2024, at 4:00 PM MT. Annual rainfall averages 13-14 inches per year (NRCS data). This unique offering combines agricultural potential with exceptional recreational amenities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miles City
- County
- Custer
- State
- Montana
- Longitude
- -105.763
- Latitude
- 46.2748
