0 Olive Way, Ennis, MT 59729
This exceptional 1.15-acre property in Ennis, Montana, presents a unique investment opportunity. Located in the desirable North Forty Subdivision, this land boasts a Core-Commercial Residential zoning designation, offering unparalleled flexibility for development. City water and sewer services are readily available, simplifying the construction process. The property's strategic location along Highway 287 ensures high visibility and convenient access, while also providing stunning views of the Madison Range. Its proximity to downtown Ennis, Madison Foods, and Sure Shot Coffee further enhances its appeal. The zoning allows for a variety of uses, including mixed residential and commercial developments, as detailed in supplemental permitted and conditional use documents. This presents a rare chance to shape the future of this rapidly developing area of Ennis, Montana, with its blend of commercial and residential potential. The asking price is $895,000. The property's size and zoning make it ideal for a variety of projects, capitalizing on the growing demand for both commercial and residential spaces in this vibrant Montana town. Don't miss this chance to acquire a prime piece of Ennis real estate. The zip code is 59729, and the address is on Olive Wy, Madison County.
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.