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Madison County, MT · Sold

MT-245974

499 County Road 186

$160,600
$1,514/ac · 106 ac
Acreage106 ac
Price per acre$1,514/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 22, 2023
Coordinates45.3067, -111.7849
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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

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

View Madison market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands24.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,153 ft of deeded road frontage.

Power6,634 ft away

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

Buildable area76.19 of 106.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$172,735
$137,574$207,896 · $1,628/ac on 106 ac
Asking vs estimate
-7.0%
Priced below the comp set

Weighted from 9 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 $160,600
Maximum allowable offer
$98,706
$930/ac · +30.0% target margin

You need $61,894 off asking to hit this margin.

All-in cost$107,096
Net resale$158,916
Projected profit$51,820
ROI+48.4%
Annualized+69.2%
Break-even resale$1,097/ac
Profit if resale lands off target
-20%
$20,037
-10%
$35,928
0%
$51,820
+10%
$67,712
+20%
$83,603
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-935695
Dirt · Off grid
86.7Jul 27, 2026$114,0001,3161,4607.7 mi
82
MT-686155
Landlocked · Full utilities
120.9Aug 18, 2025$216,6001,7911,9760.3 mi
79
MT-325335
Dirt · Off grid
66.8Feb 16, 2026$84,5001,2651,34611.7 mi
72
MT-407016
Dirt · Full utilities
225.7Sep 20, 2025$305,0001,3521,3918.5 mi
69
MT-286243
Landlocked · Full utilities
128.9Sep 23, 2024$248,9001,9312,2448.3 mi
69
MT-275251
Gravel · Power at road
62.8Apr 5, 2024$116,6001,8561,5357.3 mi
66
MT-296542
Dirt · Power at road
160.1Aug 30, 2024$265,4001,6581,97410.3 mi
64
MT-697373
Paved · Power at road
292.3Dec 7, 2025$442,4001,5141,47811.8 mi
62
MT-957364
Dirt · Full utilities
290.4Jan 20, 2025$306,0001,0541,19713.4 mi
60
Show adjustment detail for the top comp
  • Tract size (86.67 ac → 106.08 ac)-4.8%
  • Access (Dirt → Gravel)+16.3%

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.