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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges

2499 Lk Elmo Dr Billings, MT 59105-3931

3,000 SF 46.52 ac lot Built 1955
Individually Owned 16-yr Hold Free & Clear
Property ID
US52-0118111
Property summary
AI-generated overview

This exceptional 32.55-acre agricultural property, located at 2499 Lake Elmo Drive, Billings, Montana 59105 (APN: 03103310408200000), presents a unique opportunity. Zoned for agricultural use ("Ag"), this expansive land offers unparalleled freedom from homeowner's associations or covenants. The property boasts a picturesque setting, with Five Mile Creek meandering through it, providing a tranquil escape from city life while still enjoying proximity to the amenities of Billings Heights. The location offers easy access to Lake Elmo, perfect for recreational activities such as fishing, swimming, or picnicking. This substantial parcel presents itself as a versatile investment, suitable for a custom home, animal sanctuary, or other agricultural endeavors. Its strategic location near a growing metropolis ensures both rural charm and potential for future appreciation. The asking price for this remarkable property is $675,000. Don't miss this chance to own a piece of Montana's beauty and potential.

Property profile
Verified
Property type Golf courses & driving ranges
Use group COUNTRY CLUB
Year built 1955
Construction WOOD
Total area 3,000 SF
Lot 46.52 ac (2,026,237 SF)
Zoning code R-9600
APN 03-1033-10-4-08-01-0000
UPID US52-0118111
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
Current use
Occupant on record · Public records
  • Billings Trap Club Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Billings Trap Club · 16 yrs held
Billings Trap Club
since 2009
2 recorded transactions
2009
Price N/A
2009
Price N/A
Zoning & alternative use
R-9600 · Billings, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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