62 Clark Ln Pray, MT 59065
Exceptional investment opportunity awaits with this 152± deeded-acre farm nestled in Montana's picturesque Paradise Valley. Strategically located midway between Yellowstone National Park and Livingston, this property boasts breathtaking 360-degree views of the Absaroka and Gallatin Ranges. A significant portion (130± acres) of the land is under pivot irrigation, historically yielding approximately 300 tons of hay annually. The fertile land, excellent soil, and solid water rights present a strong potential for increased yield, potentially reaching four tons per acre with optimized farming practices. The property is currently leased to a local rancher, providing a consistent stream of rental income. The farm is divided into two parcels, offering flexibility and potential for future development. Enjoy the tranquility of this private setting, yet remain conveniently close to the Yellowstone River, renowned for its exceptional fishing opportunities. This rare combination of irrigated acreage, fertile land, substantial size, and prime location makes this a truly unique and lucrative investment, ideal for farmers, investors, or those seeking a remarkable family retreat. The property's western half features an alfalfa/grass mix, while the eastern half is entirely grass. The current lease agreement ensures continued productivity and revenue generation. This is a chance to own a piece of Montana paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.