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Custer County, MT · Sold

MT-877495

1946 County Road 97

$598,600
$1,875/ac · 319 ac
Acreage319 ac
Price per acre$1,875/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedJan 7, 2024
Coordinates46.3438, -105.3973
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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

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

View Custer market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands41.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,259 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area178.34 of 319.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$642,506
$591,106$693,907 · $2,012/ac on 319 ac
Asking vs estimate
-6.8%
Priced below the comp set

Weighted from 6 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 $598,600
Maximum allowable offer
$367,146
$1,150/ac · +30.0% target margin

You need $231,454 off asking to hit this margin.

All-in cost$398,353
Net resale$591,106
Projected profit$192,752
ROI+48.4%
Annualized+69.3%
Break-even resale$1,356/ac
Profit if resale lands off target
-20%
$74,531
-10%
$133,642
0%
$192,752
+10%
$251,863
+20%
$310,973
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-347901
Landlocked · Full utilities
428.4Jul 27, 2026$625,2001,4592,0188.6 mi
81
MT-257389
Dirt · Off grid
295.7Oct 25, 2025$407,3001,3771,99910.2 mi
78
MT-596834
Dirt · Power at road
197.8Jul 21, 2025$320,8001,6221,80313.1 mi
68
MT-978279
Paved · Power at road
563.4Feb 7, 2026$1,063,8001,8882,03315.8 mi
66
MT-148290
Paved · Off grid
567.9Mar 25, 2025$909,8001,6022,1076.6 mi
65
MT-386108
Gravel · Power at road
116.9Sep 24, 2025$303,1002,5932,13915.3 mi
58
Show adjustment detail for the top comp
  • Tract size (428.43 ac → 319.26 ac)+9.1%
  • Access (Landlocked → Dirt)+26.5%

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.