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Carter County, MT · Sold

MT-405362

4087 County Road 364

$313,800
$4,609/ac · 68.09 ac
Acreage68.09 ac
Price per acre$4,609/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJan 20, 2024
Coordinates45.4878, -104.5950
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Carter County, Montana. Big-sky ranch splits; recreational amenity value increasingly outruns ag value.

View Carter market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

646 ft of deeded road frontage.

Power14,264 ft away

A long utility run — price in solar/off-grid instead.

Buildable area56.47 of 68.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$306,682
$264,705$348,659 · $4,504/ac on 68.09 ac
Asking vs estimate
+2.3%
In line with the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $313,800
Maximum allowable offer
$175,247
$2,574/ac · +30.0% target margin

You need $138,553 off asking to hit this margin.

All-in cost$190,143
Net resale$282,147
Projected profit$92,004
ROI+48.4%
Annualized+69.2%
Break-even resale$3,035/ac
Profit if resale lands off target
-20%
$35,575
-10%
$63,790
0%
$92,004
+10%
$120,219
+20%
$148,434
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-636129
Gravel · Full utilities
118.7Jul 27, 2026$647,7005,4585,1377.4 mi
75
MT-216095
Gravel · Off grid
115.8Nov 2, 2025$295,3002,5503,5293.4 mi
74
MT-565540
Dirt · Power at road
77.5Feb 17, 2025$313,3004,0455,1625.0 mi
73
MT-564222
Gravel · Full utilities
29.8Jul 27, 2026$199,3006,6864,7027.6 mi
71
MT-634638
Landlocked · Power at road
40.3May 30, 2024$118,4002,9384,2587.2 mi
68
MT-693647
Gravel · Full utilities
19.7Dec 14, 2024$136,6006,9494,9173.6 mi
63
MT-675990
Gravel · Off grid
107.3Mar 28, 2024$278,4002,5943,75111.5 mi
63
Show adjustment detail for the top comp
  • Tract size (118.68 ac → 68.09 ac)+14.2%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.