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Phillips County, MT · Sold

MT-627825

5696 County Road 190

$388,100
$957/ac · 405 ac
Acreage405 ac
Price per acre$957/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJan 22, 2024
Coordinates48.2267, -107.8842
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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
39
Moderate risk
Wetlands35.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,830 ft of deeded road frontage.

Power1,958 ft away

Service extension needed; get a utility quote.

Buildable area248.07 of 405.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$528,655
$463,010$594,300 · $1,304/ac on 405 ac
Asking vs estimate
-26.6%
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 $388,100
Maximum allowable offer
$302,088
$745/ac · +30.0% target margin

You need $86,012 off asking to hit this margin.

All-in cost$327,765
Net resale$486,362
Projected profit$158,597
ROI+48.4%
Annualized+69.3%
Break-even resale$879/ac
Profit if resale lands off target
-20%
$61,324
-10%
$109,961
0%
$158,597
+10%
$207,233
+20%
$255,869
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-778479
Paved · Off grid
651.2Oct 10, 2025$765,0001,1751,4044.7 mi
76
MT-448791
Gravel · Off grid
816.4Jul 27, 2026$820,7001,0051,4718.2 mi
75
MT-717033
Gravel · Off grid
228.4Feb 18, 2026$301,5001,3201,3454.5 mi
75
MT-269459
Gravel · Off grid
1324.5Jul 27, 2026$750,7005679647.5 mi
75
MT-467583
Dirt · Power at road
340.3May 8, 2025$361,6001,0631,2394.6 mi
74
MT-428570
Paved · Power at road
695.6Apr 8, 2025$929,8001,3371,4145.4 mi
70
MT-248517
Dirt · Full utilities
669.4Mar 29, 2024$613,1009161,1213.7 mi
65
MT-916292
Paved · Full utilities
133.6Oct 20, 2024$327,5002,4521,3443.3 mi
62
MT-589331
Gravel · Power at road
1207.2Dec 18, 2023$1,133,3009391,4627.7 mi
55
Show adjustment detail for the top comp
  • Tract size (651.22 ac → 405.48 ac)+15.4%
  • Market time (10 mo)+3.6%

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.