120 4Th AveConrad, MT 59425

Property Details for 120 4Th Ave

Year built

1910

Construction

WOOD

Lot size

0.72 AC

Property size (Sq ft)

774 SF

Property type

Office buildings

APN

26-3987-23-1-08-03-0000

APU

26398723108030000

Description

This exceptional investment opportunity presents a 1.53-acre industrial property located at 120 4th Avenue SE in Conrad, Montana, zip code 59425. The property, priced at $175,000, features a historic grain elevator originally constructed in 1910, complemented by additional buildings erected between 1950 and 1975. While the structures show their age and require assessment, they offer substantial storage capacity, estimated at approximately 269,000 bushels. The property's location in the heart of Montana's Golden Triangle, a region renowned for its fertile agricultural lands and high-quality grain production, presents a unique advantage. The expansive lot provides ample space for maneuvering large vehicles such as semi-trucks and trailers. This property is ideal for an investor seeking a unique opportunity in the agricultural sector, potentially for grain storage or redevelopment. The property's history and location within a thriving agricultural area offer significant potential for future growth and profitability. Public records indicate the substantial storage capacity, making this a compelling investment opportunity for those seeking a foothold in Montana's agricultural market. The property's size and layout allow for easy access and maneuverability for large trucks.

• CAP approach

  CAP return

  Valuation

  6%

  $145,925

  6.5%

  $134,700

  7%

  $125,079

• Comparable approach

  Method

  Valuation

  Relative Method

  $165,025

  Geo Method

  $165,025

• Alternative Use

  Use

  Valuation

  Residential

  $167,028

  Hospitality

  $152,997

  Educational

  $127,292

  Medical

  $131,669

  Retail

  $198,009

Location Insight

City

Conrad

County

Pondera

State

Montana

Latitude

48.1679

Longitude

-111.944

Property Tax & Assessments

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