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Property profile & analytics
OFF-MARKET
Land

9602 Alexander Rd Shepherd, MT 59079

7638.79 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This expansive 7,638.79-acre ranch, located at 9602 Alexander Road in Shepherd, Montana (zip code 59079), presents a unique investment opportunity. Situated just 15 minutes north of Billings, the property offers a robust platform for a thriving cattle operation. The land comprises a combination of deeded and leased acreage, providing extensive grazing areas supported by seasonal streams and strategically placed stock tanks fed by wells. The diverse terrain is known for its abundant wildlife, including pronghorn antelope, mule deer, upland game birds, and occasional elk and mountain lion sightings. The ranch headquarters feature substantial corrals, a calving barn, numerous outbuildings, a 2,300 square-foot stick-built home, and an additional modular home. Built in 1960, the property's improvements are complemented by expansive views of the Bull Mountains and heavy timber ridges, presenting significant potential for residential development. This property offers a blend of agricultural and recreational opportunities, making it an ideal investment for those seeking a large-scale Montana ranch. The property is zoned for agricultural use.

Property profile
Verified
Property type Land
Year built 1960
Lot 7638.79 ac (332,745,692 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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