1016 Minnesota Ave Libby, MT 59923-2234
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.