267 Lookout Drive

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267 Lookout Drive

Libby, MT 59923
Asking Price
$339K
Asset Type
Land
Class
Class B

What's Special

267 Lookout Drive is situated in Libby, Montana, within Lincoln County. The property is located near the Kootenai River and sits along a developed corridor featuring a mix of residential dwellings and small-scale commercial operations. The neighborhood character is rural yet accessible, characterized by mountainous terrain and proximity to the Kootenai National Forest. It is positioned near U.S. Highway 2, which serves as the primary transportation artery connecting Libby to Kalispell and the Idaho state line. Local amenities, including hardware suppliers, grocery stores, and professional services, are located within a five-minute drive of the site. The asset is suitable for light commercial development, equipment storage, or a small-scale distribution hub. Given the zoning and location, the property supports uses that require proximity to highway logistics while maintaining a low-density footprint. A typical tenant or owner-occupant would include local contractors, landscaping firms, or specialty trade businesses looking for a staging ground in the Kootenai Valley. The land offers a flat to slightly sloped topography, making it viable for operators seeking to establish a permanent physical presence or storage yard within the Libby city outskirts.

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NOI
$80,000
Cap Rate
23.60%
DSCR
3.97
Strong
Cash-on-Cash
58.87%
Monthly Payment
$1,677.187
Annual Cash Flow
$59,873.756

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