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Property profile & analytics
OFF-MARKET
Retail space

1016 Minnesota Ave Libby, MT 59923-2234

320 SF 0.21 ac lot Built 1978
Individually Owned Free & Clear
Property ID
US52-0531213
Property summary
AI-generated overview

Invest in this 0.173-acre commercial land parcel in Libby, Montana, ideally situated on US Highway 2, offering exceptional visibility and accessibility. The property includes a small building currently generating rental income, and a billboard also under lease, providing immediate return on investment. City water and sewer services are readily available. The property's location within Libby's city limits ensures convenient access to amenities and a thriving community. Libby boasts abundant outdoor recreational opportunities, including hunting, fishing, hiking, biking, and various winter sports, attracting a robust and growing population. The existing building requires an appointment for viewing to allow tenant notification. Rental income details for both the building and billboard are available upon request. This high-traffic location presents a significant opportunity for commercial development or expansion. The property's potential is further enhanced by its strategic positioning along a major highway, ensuring high visibility and attracting a large customer base. This is a rare opportunity to acquire a well-located commercial property in a growing Montana town.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction WOOD
Total area 320 SF
Lot 0.21 ac (9,148 SF)
APN 56-4175-03-3-11-01-0000
UPID US52-0531213
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DARRIN N CARR
DARRIN N CARR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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