Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Broken Spoke Rd Stevensville, MT 59870

    • Land
    • 1.70 lot acres
    For Sale
    View listing
    $195,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Broken Spoke Rd

    Lot size
    1.70 lot acres
    Property type
    Land

    Description

    This exceptional 1.7-acre residential lot in Stevensville, Montana, presents a unique opportunity to build your dream home. Located in the desirable Sunnyside Orchards Phase 2 development on Broken Spoke Road, this property boasts incredible mountain views and the tranquility of country living, yet remains conveniently close to town amenities. The lot is part of a planned community with underground power and paved roads already installed, simplifying the construction process. While well and septic systems are the buyer's responsibility, the necessary DEQ and county approvals are nearing completion, with offers accepted pending finalization. Enjoy the peace and quiet of a rural setting while being just 11 miles from Florence and Highway 93, and a short 10-minute drive to Stevensville. The asking price for this picturesque lot is $195,000. This is an ideal location for those seeking a serene escape with easy access to essential services and recreational opportunities. Don't miss this chance to own a piece of Montana's stunning landscape. The lot size is approximately 1.7 acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Ravalli
    State
    Montana
    Longitude
    -114
    Latitude
    46.5693

    Comparable in this City

    • Value Estimation by Request
      8.88 Acres

      4283 Burro Ln

      Land • 8.88 Acres
      4283 Burro Ln, Stevensville, MT 59870
      View Details
    • Value Estimation by Request
      1.04 Acres

      Nhn Rio Ln

      Land • 1.04 Acres
      0 Nhn Rio Ln, Stevensville, MT 59870
      View Details
    • Value Estimation by Request
      10.23 Acres

      3661 Sagehill Dr

      Land • 10.23 Acres
      3661 Sagehill Dr, Stevensville, MT 59870
      View Details
    • Value Estimation by Request
      1.28 Acres

      164 Barnwood Way

      Land • 1.28 Acres
      164 Barnwood Way, Stevensville, MT 59870
      View Details
    • Value Estimation by Request
      8.88 Acres

      4301 Burro Ln

      Land • 8.88 Acres
      4301 Burro Ln, Bitterroot Court, MT 59870
      View Details
    • Value Estimation by Request

      470/472 Wheatland Way

      Multifamily properties
      470/472 Wheatland Way, Stevensville, MT 59870
      View Details

    Similar Nearby for Sale

    • $550,000

      Montana Residential Land - Stevensville

      Spacious lot, stunning views, horse-ready
      0 Nhn El Capitan Loop, Stevensville, MT 59870
      View Details
    • $175,000
      1.04 Acres

      Stevensville, MT Residential Lot

      1.04-Acre Buildable Lot, Stunning Views
      0 Nhn Rio Ln, Stevensville, MT 59870
      View Details
    • $299,000
      5.02 Acres

      Montana Mountain Land - 5 Acres

      Prime 5-acre residential lot, stunning views.
      3621 Sagehill Dr, Stevensville, MT 59870
      View Details
    • $399,168
      3.52 Acres

      Montana Land: Elk Ridge Retreat

      3.52 Acres, Stevensville, MT. Mountain Views.
      1244 Rugged Rdg Rd, Stevensville, MT 59870
      View Details
    • $327,600
      2.60 Acres

      Montana Land: Elk Ridge Beauty

      2.6 Acres, Mountain Views, Stevensville
      1117 Rugged Rdg Rd, Stevensville, MT 59870
      View Details
    • $194,250
      1.15 Acres

      Stevensville Montana Land - $194,250

      1.15 Acres, Mountain Views, Elk Ridge
      177 Barnwood Way, Stevensville, MT 59870
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      11,999 SF

      Stevensville Office Space For Lease

      11,999 sq ft Office, Montana
      592 Stevensville Airport Rd, Stevensville, MT 59870
      View Details
    • Contact for pricing

      Stevensville Office Space For Lease

      Prime Main Street Office, 528 sq ft
      102 Main St, Stevensville, MT 59870
      View Details
    • $1,150 /Mo

      Main Street Retail Space Available

      Prime retail location in historic Stevensville with high traffic.
      102 Main St, Stevensville, MT 59870
      View Details
    • $1,150 /Mo

      Stevensville Retail Space on Main

      Prime retail space in growing Stevensville, Montana.
      102 Main St, Stevensville, MT 59870
      View Details
    • $1,800 /Mo

      Stevensville Commercial Lease Opportunity

      Commercial lease opportunity in Stevensville, Montana.
      422 Moiese Ln, Stevensville, MT 59870
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Broken Spoke Rd
    Stevensville, MT 59870
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!