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Phillips County, MT · Sold

MT-234945

5232 County Road 190

$62,100
$1,234/ac · 50.34 ac
Acreage50.34 ac
Price per acre$1,234/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJul 10, 2025
Coordinates48.1691, -108.0569
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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

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

View Phillips market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands30.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area33.24 of 50.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$95,680
$73,973$117,388 · $1,901/ac on 50.34 ac
Asking vs estimate
-35.1%
Priced below the comp set

Weighted from 8 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 $62,100
Maximum allowable offer
$54,675
$1,086/ac · +30.0% target margin

You need $7,425 off asking to hit this margin.

All-in cost$59,322
Net resale$88,026
Projected profit$28,704
ROI+48.4%
Annualized+69.2%
Break-even resale$1,281/ac
Profit if resale lands off target
-20%
$11,098
-10%
$19,901
0%
$28,704
+10%
$37,506
+20%
$46,309
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-154574
Gravel · Off grid
38.5Dec 25, 2024$80,5002,0922,0741.3 mi
77
MT-964602
Gravel · Full utilities
39.3Jan 9, 2026$137,3003,4982,32613.1 mi
74
MT-145130
Landlocked · Power at road
57.6Mar 31, 2025$71,6001,2441,65010.8 mi
73
MT-853446
Gravel · Off grid
17.0Jul 27, 2026$24,4001,4361,18314.0 mi
65
MT-234206
Dirt · Power at road
29.5Sep 22, 2024$83,5002,8332,6805.4 mi
65
MT-384016
Dirt · Power at road
25.7Jul 25, 2025$47,1001,8331,64210.4 mi
64
MT-105440
Dirt · Power at road
72.0Jun 30, 2024$106,7001,4821,68111.0 mi
64
MT-916292
Paved · Full utilities
133.6Oct 20, 2024$327,5002,4521,91012.1 mi
58
Show adjustment detail for the top comp
  • Tract size (38.47 ac → 50.34 ac)-5.0%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (20 mo)+6.9%

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.