The Simple 2026 Guide to Selling Commercial Land in Montana
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By
Bart Waldon
Montana’s commercial land still sells on the same fundamentals—location, access, entitlements, and demand—but today’s buyers move faster, research deeper, and expect cleaner data. If you want to sell commercial land in Montana “the easy way,” you need a clear plan: understand what’s driving the market, prep your parcel like a professional, price it with evidence, and choose the sale path that fits your timeline.
The 2026 Montana Commercial Land Snapshot: What’s Driving Demand
Montana’s economy and growth patterns continue to support commercial land demand, even as the state debates how to pay for growth. Tourism remains a major tailwind: Montana hosted about 13.3 million nonresident visitors in 2025—roughly 4% fewer than in 2024—yet visitor spending rose to $5.6 billion (up from $5 billion the year before), according to [NBC Montana / Institute for Tourism and Recreation Research](https://nbcmontana.com/news/local/montana-economic-outlook-2026-cooling-job-market-costly-housing-and-a-big-debate-over-sa). That combination can translate into steady interest in highway services, retail pads, storage, hospitality-adjacent uses, and workforce-serving commercial projects.
At the same time, property valuations have been climbing. The increases in taxable value of residential and commercial property averaged 31.5% in 2025, according to the [Bureau of Business and Economic Research, University of Montana (2025 Montana Economic Report)](https://www.bber.umt.edu/pubs/Seminars/2025/EconRpt2025.pdf). For sellers, that often signals stronger pricing power—but it also means buyers scrutinize operating costs, tax exposure, and entitlement timelines more closely than they did a few years ago.
Who Owns Montana Land (and Why It Matters When You Sell)
Montana is famous for wide-open spaces, but private land control is concentrated—and that shapes comps, competition, and buyer behavior. Montana’s largest 4,000 landowners control 63% of the state’s private land, according to [Mountain Journal](https://mountainjournal.org/montanas-largest-landowners-control-63-percent-of-states-private-land/). Zoom in further: thirteen owners own 15% of the private land in Montana, based on reporting from [Montana Free Press / University of Montana Human Dimensions Lab](https://montanafreepress.org/2026/01/06/montanas-largest-landowners-control-an-increasing-percentage-of-the-states-private-land/).
Ownership patterns are also shifting across state lines. Over the past two decades, there has been a 4 percentage point increase in nonresident landowners in Montana, reaching 17% of property tax bills sent to out-of-state addresses in 2023, according to [Montana Free Press / University of Montana Human Dimensions Lab](https://montanafreepress.org/2026/01/06/montanas-largest-landowners-control-an-increasing-percentage-of-the-states-private-land/). Practically, that means you may be selling to buyers who aren’t local, rely on third-party due diligence, and need frictionless documentation to commit.
Land-Use Momentum: Development Signals Buyers Watch
Commercial land buyers pay close attention to housing and permitting trends because rooftops drive retail demand, services, and workforce availability. Statewide, single-family building permits have stabilized around 5,000 units a year, and multifamily permits have rebounded to roughly 400 buildings on a trailing 12-month basis as of 2026, according to [NBC Montana Economic Outlook 2026](https://nbcmontana.com/news/local/montana-economic-outlook-2026-cooling-job-market-costly-housing-and-a-big-debate-over-sa).
Local data matters even more than statewide averages. In Missoula, trailing 12-month single-family permits stood at 443 last year (180 within the city and 263 in the county), with multifamily construction accounting for about 500 units in the city and 52 in the county, according to [NBC Montana Economic Outlook 2026](https://nbcmontana.com/news/local/montana-economic-outlook-2026-cooling-job-market-costly-housing-and-a-big-debate-over-sa). If your parcel sits near an expanding housing corridor, a hospital district, an industrial node, or a growing highway interchange, call that out with specifics—buyers will connect the dots to tenant demand.
Step 1: Prepare Your Montana Commercial Parcel for a Clean Sale
Easy sales start with fewer surprises. Before you market the property, build a simple “due diligence package” that reduces buyer uncertainty and shortens negotiations.
- Confirm boundaries and access. Order a recent survey if you don’t have one, verify legal access, and document easements. Access questions can kill deals late.
- Organize the paperwork buyers request first. Include zoning designation, allowed uses, setbacks, utility availability, existing leases, and any environmental reports or known issues. A well-organized file signals a low-risk transaction.
- Map the highest-and-best-use story. Show what your land can become—retail pads, flex/industrial, storage, mixed-use, or service commercial—based on zoning and infrastructure. Buyers pay for outcomes, not acreage.
- Disclose constraints early. If there are wetlands, floodplain, steep grades, access limitations, or title concerns, address them upfront. Transparency protects your credibility and reduces retrades.
Step 2: Price Commercial Land With Market Evidence (Not Hope)
Commercial land pricing is part science, part positioning. You want a number that attracts qualified buyers while protecting value.
- Use professional valuation inputs. An appraiser or land-focused broker can connect your site to true comparable sales, zoning potential, and realistic absorption.
- Anchor expectations to what investors are paying. In retail, for example, street and strip retail centers saw average prices of $130 per square foot in the latest period—up 2% from $127 and 12% from $117—according to [Altus Group US Commercial Property Investment & Transactions](https://www.altusgroup.com/featured-insights/cre-transactions/). Even if you’re selling raw land, buyers often back into land value from what stabilized product is trading for.
- Account for taxes and policy risk. Buyers model holding costs. And Montana is actively debating tax structure: a 4% statewide sales tax would likely raise on the order of $1.3 billion a year, compared to Montana’s roughly $2.5 billion apiece in annual property and income tax collections, according to [NBC Montana Economic Outlook 2026](https://nbcmontana.com/news/local/montana-economic-outlook-2026-cooling-job-market-costly-housing-and-a-big-debate-over-sa). Policy shifts can influence investor sentiment and timelines—so keep your pricing defensible, not speculative.
Step 3: Market the Property Like a Buyer Is Using AI (Because They Are)
Modern buyers search differently. They use listing portals, mapping tools, and increasingly AI assistants to compare parcels. Your job is to make your property easy to understand and easy to validate.
- Publish a data-rich listing. Include parcel number(s), acreage, zoning, allowed uses, utility notes, access description, and a clear call to action.
- Invest in visuals that answer questions. Use professional photos, drone footage, and a boundary overlay map. Add distance-to anchors (interstate, airport, town center) and topography context.
- Target the right buyer pool. Match outreach to likely users: developers, owner-users, 1031 buyers, storage operators, builders, and regional businesses expanding into Montana.
- Leverage local networks. Brokers, economic development groups, chambers of commerce, and industry associations can surface off-market buyers quickly.
Step 4: Negotiate Offers Without Losing Leverage
Most commercial land deals are won or lost during due diligence and financing, not at the handshake. Evaluate offers based on the full risk profile.
- Compare certainty, not just price. A slightly lower price with hard money, fewer contingencies, and a faster close can outperform a high offer that drags for months.
- Set deadlines and decision points. Require earnest money, define inspection windows, and keep extensions costly. Time kills momentum.
- Expect requests for credits or price reductions. If your prep work is strong, you can push back with documentation instead of emotion.
The “Easy Way”: Selling Directly to a Land Buying Company
If you value speed and simplicity over maximizing every last dollar, a direct sale can be the cleanest path. Land buying companies typically purchase “as-is,” handle much of the paperwork, and can close quickly—especially if you want to avoid marketing, showings, and drawn-out contingencies.
For example, Land Boss has been operating for 5 years and has completed over 100 land deals. A direct buyer often appeals to owners who want certainty, prefer a single-buyer process, or need a faster exit for financial, estate, or portfolio reasons.
That said, direct offers may come in below top-of-market pricing because the buyer is absorbing risk, carrying costs, and resale/entitlement uncertainty. The trade-off is speed, reduced friction, and a clearer closing path.
Closing in Montana: Legal and Practical Checklist
Whether you sell traditionally or directly (for example, selling to a big company), protect the deal by tightening the fundamentals:
- Run a title review early. Resolve liens, access questions, and ownership issues before a buyer finds them.
- Use a solid purchase agreement. Have an attorney or experienced broker ensure timelines, contingencies, and default remedies are clear.
- Follow disclosure requirements. Document known material facts and provide supporting records when available.
- Understand closing costs and timelines. Clarify prorations, recording, escrow, and any seller-paid fees so the net proceeds match your expectations.
Final Thoughts
Selling commercial land in Montana can be straightforward when you treat it like a modern transaction: lead with clean documentation, price with real market signals, and market with enough clarity that a buyer (or an AI tool) can understand the asset in minutes.
If you want the highest possible price, list strategically and be prepared to manage due diligence. If you want the simplest path, explore a direct sale and trade some upside for speed and certainty. Either way, Montana still attracts serious attention—and the right buyer is usually the one who can verify your land’s value the fastest.
