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Madison County, MT · Sold

MT-275251

5960 County Road 109

$118,400
$1,884/ac · 62.83 ac
Acreage62.83 ac
Price per acre$1,884/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 10, 2023
Coordinates45.3659, -111.9103
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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
44
Moderate risk
Wetlands47.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,839 ft of deeded road frontage.

Power239 ft away

Power at or near the road.

Buildable area31.10 of 62.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$147,531
$121,071$173,990 · $2,348/ac on 62.83 ac
Asking vs estimate
-19.7%
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 $118,400
Maximum allowable offer
$84,303
$1,342/ac · +30.0% target margin

You need $34,097 off asking to hit this margin.

All-in cost$91,469
Net resale$135,728
Projected profit$44,259
ROI+48.4%
Annualized+69.3%
Break-even resale$1,582/ac
Profit if resale lands off target
-20%
$17,114
-10%
$30,687
0%
$44,259
+10%
$57,832
+20%
$71,405
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-935695
Dirt · Off grid
86.7Jul 27, 2026$114,0001,3161,9414.4 mi
80
MT-325335
Dirt · Off grid
66.8Feb 16, 2026$84,5001,2651,7906.0 mi
80
MT-686155
Landlocked · Full utilities
120.9Aug 18, 2025$216,6001,7912,6287.3 mi
66
MT-245974
Gravel · Off grid
106.1Feb 4, 2024$172,3001,6242,3907.3 mi
65
MT-286243
Landlocked · Full utilities
128.9Sep 23, 2024$248,9001,9312,9845.1 mi
62
MT-296542
Dirt · Power at road
160.1Aug 30, 2024$265,4001,6582,6259.0 mi
60
Show adjustment detail for the top comp
  • Tract size (86.67 ac → 62.83 ac)+7.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.