Shepherd, MT Commercial Real Estate for Sale

Notify Me
List
Map
Billings, MT Huntley, MT La Center, WA
6 properties
Cleared Level Agricultural Land Parcel
Updated: Jul 2
Cleared Level Agricultural Land Parcel

0 Shepherd Road Lot 2A Shepherd Road, Shepherd, MT 59079

$75,500
1.53 AC lot
Level and cleared lot, suitable for building.
Potential for a Barndominium or trailer.
Nice views.
Good farm ground surrounds the lot.
Several wells in the area (see attachments).
View details
Agricultural Land Tract with Water Supply
Updated: Jul 24, 2025
Agricultural Land Tract with Water Supply

13401 Hoskins Basin Rd, Shepherd, MT 59079

$471,000
157.00 AC lot
157.224‑acre Montana property about 25 minutes from Billings
Natural spring flows from the northeast corner of the property
Nearby wells reportedly produce 10 to 11 GPM at depths of 100 to 200 feet
Soils described as primarily low‑erodible, with about 35% highly erodible
Steel post markers define property boundaries
View details
Land Ready For Horses
Land Ready For Horses

7445 Horsemans Way, Shepherd, MT 59079

$65,000
2.40 AC lot

Land suitable for horses with room for a shop.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Shepherd, MT Land For Sale
Shepherd, MT Land For Sale

0 Shepherd Road Lot 2 B Shepherd Road lot: 2B, Shepherd, MT 59079

$76,500
1.60 AC lot

1.599 acre lot near Yellowstone River.

View details
Shepherd, MT Grassland Acreage
Shepherd, MT Grassland Acreage

Lindstrom Road, Shepherd, MT 59079

$89,900
80.00 AC lot

80 acres of Montana grassland, 20 miles from Billings.

View details
Shepherd, MT Grassland and Sagebrush
Shepherd, MT Grassland and Sagebrush

Lindstrom Road, Shepherd, MT 59079

$89,900
80.00 AC lot

80 acres of Montana grassland, 20 miles from Billings.

View details
Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 6 Active listings in Shepherd, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Light Industrial Flex Shop
Light Industrial Flex Shop

4380 Us Highway 312, Billings, MT 59105

Contact for pricing
1,900 sqft · 4.00 AC lot

Secure fenced shop with an office, two restrooms, and heating and cooling for commercial, light industrial, or storage use.

View details
Established Bar and Grill For Sale
Established Bar and Grill For Sale

8369 MT Highway 3 North, Acton, MT 59002

$1,200,000
5,824 sqft

Well-established bar and grill with high traffic exposure.

View details
Equestrian Farm Land with Barn
Equestrian Farm Land with Barn

5905 Larimer Lane, Billings, MT 59105

$362,000

Ranch land with a small barn, fenced area, and chicken coop designed for everyday farm use.

View details
Established Bar and Grill For Sale
Established Bar and Grill For Sale

8369 MT-3, Acton, MT 59002

$1,200,000
5,824 sqft

Bar and grill for sale 15 miles north of Billings.

View details

Off-Market Properties in Shepherd, MT

Consider similar Off-Market properties in Shepherd, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8125 Shepherd Rd
CENTRALLY ASSESSED

8125 Shepherd Rd, Shepherd, MT 59079

Value Estimation by Request
View details
8125 Shepherd Rd
MOBILE HOME PARK, TRAILER PARK

8125 Shepherd Rd, Shepherd, MT 59079

Value Estimation by Request
4.43 AC lot
View details
281 21st Mile Rd
SHOW ROOM, WAREHOUSE

281 21st Mile Rd, Shepherd, MT 59079-3015

Value Estimation by Request
6,660 sqft · 80.00 AC lot
View details
4230 Shepherd Acton Rd
COMMERCIAL (GENERAL)

4230 Shepherd Acton Rd, Shepherd, MT 59079-3710

Value Estimation by Request
2,250 sqft · 10.03 AC lot
View details
3839 Duck Clb Rd
PROCESSING PLANT (CEMENT, GRAVEL)

3839 Duck Clb Rd, Shepherd, MT 59079

Value Estimation by Request
8,460 sqft · 1.79 AC lot
View details
7012 12th Shepherd Rd
MOBILE HOME PARK, TRAILER PARK

7012 12th Shepherd Rd, Shepherd, MT 59079-4455

Value Estimation by Request
2,435 sqft · 10.00 AC lot
View details
8180 Shepherd Rd
MOBILE HOME PARK, TRAILER PARK

8180 Shepherd Rd, Shepherd, MT 59079-3830

Value Estimation by Request
1,344 sqft · 10.72 AC lot
View details
6344 12th Mile Rd
MOBILE HOME PARK, TRAILER PARK

6344 12th Mile Rd, Shepherd, MT 59079

Value Estimation by Request
2.13 AC lot
View details
5449 Carey Ave
SHOW ROOM, WAREHOUSE

5449 Carey Ave, Shepherd, MT 59079-3815

Value Estimation by Request
3,600 sqft · 0.18 AC lot
View details
5625 Scandia Rd
RESTAURANT

5625 Scandia Rd, Shepherd, MT 59079-3325

Value Estimation by Request
4,480 sqft · 2.00 AC lot
View details
8214 Beas Ln, Unit 8224
MOBILE HOME PARK, TRAILER PARK

8214 Beas Ln, Shepherd, MT 59079-3210

Unit 8224
Value Estimation by Request
1.09 AC lot
View details
8100 Shepherd Rd, Unit 8128
MOBILE HOME PARK, TRAILER PARK

8100 Shepherd Rd, Shepherd, MT 59079-3830

Unit 8128
Value Estimation by Request
888 sqft · 9.60 AC lot
View details
Shepherd, MT 59079
CHARITABLE ORGANIZATION

Shepherd, MT 59079

Value Estimation by Request
1,848 sqft · 2.00 AC lot
View details
8612 Scandia Rd
COMMERCIAL (GENERAL)

8612 Scandia Rd, Shepherd, MT 59079

Value Estimation by Request
31.79 AC lot
View details
6832 Us Hwy 312
BAR, TAVERN

6832 Us Hwy 312, Shepherd, MT 59079

Value Estimation by Request
1,440 sqft · 0.51 AC lot
View details
8048 Shepherd Rd, Unit 1
MOBILE HOME PARK, TRAILER PARK

8048 Shepherd Rd, Shepherd, MT 59079-3808

Unit 1
Value Estimation by Request
1,640 sqft · 3.84 AC lot
View details
5420 Highland Ave
OFFICE BUILDING

5420 Highland Ave, Shepherd, MT 59079

Value Estimation by Request
2,386 sqft · 1.32 AC lot
View details
5438 Carey Ave
AUTO REPAIR, GARAGE

5438 Carey Ave, Shepherd, MT 59079-3815

Value Estimation by Request
1,800 sqft · 0.13 AC lot
View details

Shepherd, MT Commercial Real Estate Market Trends and Statistics

Explore 48 commercial real estate for sale in Shepherd, MT, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $867,800.

Sale prices for business properties in Shepherd, MT start at $65,000, averaging $144,633, and reaching up to $471,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 3,893
Population Growth (5Y) +17.0%
Median Household Income $65,851
College Educated 30.6%

High-Yield Neighborhoods for Investment

Identify Shepherd submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
59079 $144.6K

Taxes & Financing

Tax Rate (average for all types) 1.11%
Property Tax per SF $42.08 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yellowstone County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Yellowstone County

Residential Income

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings