Salem Rd
SALEM, MT, 59500 $ 35,000,000
Baths0.0 Monthly Estimate*
$ 232,621
Studio Lots and Land for sale in SALEM, MT
for $35,000,000. The lot size is 58.
LOCATION, VISIBILITY AND OPPORTUNITY ARE JUST SOME OF THE REMARKABLE EARMARKS OF THIS COMPLETELY LEVELED, READY TO DEVELOP, AND CENTRALLY LOCATED 58-ACRE COMMERCIAL/RESIDENTIAL LAND TRACT WITH A 1,000FT OF DIRECT OCEANFRONT AND BEACH ACCESS. THIS “RARE AND UNIQUE" 58-ACRE LAND PARCEL IS IDEAL FOR A MIXED USE DEVELOPMENT THE INCORPORATES LARGE ANCHOR STORES SUCH AS; SUPERMARKETS, BANKS, RESTAURANTS (FAST FOOD/HIGH-END RESTAURANT CONCEPTS), MOVIE THEATRE, HARDWARE STORES, KNUTSFORD EXPRESS AND A HOST OF OTHER WELL NEEDED SERVICES WITHIN CLOSE PROXIMITY OF “VERY UNDER-SERVED AND HIGH NET WORTH COMMUNITIES" (RICHMOND ESTATES, PARADIASIAC BEACH CLUB, CARDIFF HALL, BENGAL BEACH, DISCOVERY BAY AND TRELAWNY) WITH RESIDENTIAL DEVELOPMENT POSSIBILITIES ALONG THE REAR AND OCEANFRONT PARCEL OF THE LAND. THE NEIGHBOURING GATED “NEW OCEANFRONT HOMES" THAT ARE NESTLED JUST ACROSS THE STREET FROM THIS 58-ACRE LAND PARCEL ARE BEING SOLD FOR US$2,000,000+ EACH, WITH ABSOLUTELY NO RETAIL SHOPPING OR COMMERCIAL SERVICES WITHIN A 40-MILE RADIUS (OCHO RIOS, DRAXHALL, ST ANN'S BAY AND TRELAWNY ARE THE ONLY “CLOSE AND CURRENT OPTIONS" WHICH ALSO HAVE THEIR RESPECTIVE LIMITATIONS). THIS GEM OF AN OPPORTUNITY IS CONVENIENTLY LOCATED AT THE MAIN ENTRANCE OF THE JEWELS RUNAWAY BAY RESORT AND IS RIPE FOR A PLETHORA OF USES. THE VALUATION REPORT IS OVER THREE YEARS OLD AND REFLECTS A US$29,000,000.00 VALUE WITHOUT THE CONSIDERATION OF THE PROPERTY'S MULTI NEW MILLION DOLLAR HOME NEIGHBORS AND OTHERS. A JOINT VENTURE/SELLER FINANCING WITH “MUTUALLY BENEFICIAL TERMS" WILL BE CONSIDERED. THE PROPERTY SITS DIRECTLY ON THE NORTH SOUTH HIGHWAY, WITH AN EXTREMELY HIGH VISIBILITY, AND SEES OVER 800,000+ VEHICLES “DAILY". THE PRICE IS EXTREMELY NEGOTIABLE AND THE OWNER WILL ENTERTAIN ALL REASONABLE OFFERS. MULTIMILLION DOLLAR VILLAS (https://www.locatorzone.com/advert/palm-beach-at-runaway-bay-runaway-bay-jamaica/) SITS DIRECTLY ACROSS THE STREET FROM THIS GEM OF A PROPERTY AS WELL AS THE JEWEL RUNARAY BAY TO THE REAR OF THE PROPERTY. THERE ARE NO RESTAURANTS, BANKING, SHOPPING, PROFESIONAL OFFICE WITHIN A 10 MILE RADIUS OF THIS HIGH INCOME EVER EVOLVING AREA. “IF YOU BUILD IT, THEY WILL CERTAINLY COME"
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FeaturesGeneralSewer None
Utilities Cable Available Electricity Available Sewer Available Water Available
Zoning LAND
View Trees/Woods
Tax Year 2023
Current Use Mixed Use
Percent Ownership Fee Simple
County Out of Area
Property Type Land
Status Active
City SALEM
Buyer Agent Compensation 2.5%
MLS Area 99999 - Unknown
Lot Size Units Acres
Lot Size Square Feet 2526000
Waterfront Y/N No
Street Name Salem Rd
Tax Annual Amount 400
Public Remarks LOCATION VISIBILITY AND OPPORTUNITY ARE JUST SOME OF THE REMARKABLE EARMARKS OF THIS COMPLETELY LEVELED READY TO DEVELOP AND CENTRALLY LOCATED 58-ACRE COMMERCIAL/RESIDENTIAL LAND TRACT WITH A 1 000FT
Days on Market 2
Living Area Units Square Feet
Standard Status Active
Water Access Y/N No
Water View Y/N No
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ExteriorWater Source Public
Lot Size Area 57.989
Lot Dimensions -
Lot Size Acres 58
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded FeaturesList ByPra And Company RealtorsBroker
atkinsonpaul521@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $232,621
- Monthly Property Taxes
- $33
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/27/2024 | $35,000,000 | | Listed Price |