Recreational Land & Farm for Sale in Malta, Montana

S07 T27 N R30 E Lots 2 3 4 S2Ne4 Se4 Malta, MT 59538

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369 acres
Active sale agoEst $3,528/mo

Investment Opportunity with Reasonable Rate of Return previously Organic Farm Ground

Are you looking for an affordable investment opportunity with very little input and reasonable rate of return? Farm ground is in demand and this 369+/- acre parcel, previously organically farmed, just went into CRP in 2023. The 10-year CRP contract expires in 2033 and applies to the 322+/- previously cropped acres at a rate of $32.79/acre, for a total annual payment of $10,588/year for the duration of the 10-year contract. The property is located just off Regina Road south of Malta, Montana, with written and recorded access easement in place. There are no improvements however 1 pit on the property holds water year-around. The property is perimeter fenced and is currently utilized as grazing for cattle. Property taxes in 2023 were $152.35.

Conservation Reserve Program (CRP) - A USDA Farm Service Agency Program

CRP is a land conservation program administered by the Farm Service Agency (FSA). In exchange for a yearly rental payment, farmers enrolled in the program agree to remove land from agricultural production and plant species that will improve environmental health and quality. Contracts for land enrolled in CRP range from 10 to 15 years in length. The long-term goal of the program is to re-establish valuable land cover to help improve water quality, prevent soil erosion, and reduce loss of wildlife habitat.

Signed into law by President Ronald Reagan in 1985, CRP is one of the largest private-lands conservation programs in the United States. Thanks to voluntary participation by farmers and landowners, CRP has achieved significant goals in conservation and sustainability. More than 5 million acres are entering CRP in 2023, surpassing the 3.9 million acres expiring this year.

Property details

48.2067, -107.8894
2,549 feet
Date Listed

This 369-acre property is located at S07 T27 N R30 E Lots 2 3 4 S2Ne4 Se4 in Malta, MT 59538 with latitude 48.2067 and longitude -107.8894. The property is currently available for sale for $350,000 with a price per acre of $949.

Verify sale details at the property source or contact Northwest Realty & Auction at (406) 654-2881.

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Listing checked and updated . Parcel data by Regrid.

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