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Madison County, MT · Sold

MT-989864

5126 County Road 240

$1,929,000
$1,086/ac · 1,776 ac
Acreage1,776 ac
Price per acre$1,086/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedFeb 17, 2026
Coordinates45.2686, -112.0453
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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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,728 ft of deeded road frontage.

Power189 ft away

Power at or near the road.

Buildable area1403.84 of 1776.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,758,293
$1,452,106$2,064,480 · $990/ac on 1,776 ac
Asking vs estimate
+9.7%
Priced above the comp set

Weighted from 5 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 $1,929,000
Maximum allowable offer
$1,004,739
$566/ac · +30.0% target margin

You need $924,261 off asking to hit this margin.

All-in cost$1,090,142
Net resale$1,617,630
Projected profit$527,488
ROI+48.4%
Annualized+69.2%
Break-even resale$667/ac
Profit if resale lands off target
-20%
$203,962
-10%
$365,725
0%
$527,488
+10%
$689,251
+20%
$851,014
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-839970
Gravel · Power at road
1917.9May 24, 2025$2,136,8001,1141,0320.2 mi
86
MT-738169
Dirt · Power at road
520.2Jul 27, 2026$651,6001,2538583.3 mi
75
MT-808848
Landlocked · Off grid
850.8Mar 1, 2025$493,4005807283.7 mi
65
MT-748431
Dirt · Power at road
629.0Mar 24, 2025$962,5001,5301,17310.7 mi
62
MT-157822
Gravel · Power at road
404.6Mar 11, 2025$830,5002,0531,1862.9 mi
60
Show adjustment detail for the top comp
  • Tract size (1917.86 ac → 1776.11 ac)+2.4%
  • Access (Gravel → Dirt)-14.0%
  • Market time (15 mo)+5.2%

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.