Mixed-Use Development Lot
For Sale
$11,900,000
4800 Hesper, Billings, MT 59106
Land, Billings, MT
Property SizeContact for details
Lot Size52.00 Acres
Days on Market45
Property Features for 4800 Hesper
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
NMU - Neighborhood Mixed-Use
Subdivision
hesper and 48th
Elementary school
Elder Grove
Middle school
Elder Grove
High school
West
Directions
48th St W and Hesper Rd
Standard status
Active
APN
D00794A
Lot size
52.00 Acres
Taxes and HOA fees
Tax Description
S22, T01 S, R25 E, C.O.S. 3926, PARCEL 1, (AGRICULTURAL PARCEL) (26)
Legal Description
S22, T01 S, R25 E, C.O.S. 3926, PARCEL 1, (AGRICULTURAL PARCEL) (26)
Listing Agency:
THE Agency Montana
(406) 800-1222
Listed By:
Lauren Bond · License #RRE-BRO-LIC-54002
(406) 800-1222
Added: Jul 15
Changed: Aug 24
Last Checked: Aug 28 at 10:06PM
MLS# 360683
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale development opportunity consists of 60+ mixed-use lots within city limits. The lots are designed to support both commercial uses and medium/low-density residential development. The overall offering is positioned to take advantage of the new public destination planned across the street.
The property is located directly across from upcoming 300-acre reservoirs and the associated water treatment plant. The reservoirs are described as a year-round recreation destination with trails, a sandy beach, a fishing pier, and a pavilion. Commercial lots along the 48th and Hesper intersection provide frontage on a city-planned main corridor, with future roundabout-street improvements noted as part of the area’s growth.
According to the remarks, the subdivision is within approximately 1 mile of Costco, Tractor Supply, Scheels, and the Shiloh retail district, with the 48th and Hesper area serving as a focal point for retail activity.
The property is located directly across from upcoming 300-acre reservoirs and the associated water treatment plant. The reservoirs are described as a year-round recreation destination with trails, a sandy beach, a fishing pier, and a pavilion. Commercial lots along the 48th and Hesper intersection provide frontage on a city-planned main corridor, with future roundabout-street improvements noted as part of the area’s growth.
According to the remarks, the subdivision is within approximately 1 mile of Costco, Tractor Supply, Scheels, and the Shiloh retail district, with the 48th and Hesper area serving as a focal point for retail activity.
Key Highlights
- 60+ mixed‑use lots within city limits, directly across from the upcoming 300‑acre reservoirs.
- Lot mix includes commercial (retail, restaurant, office, hotel) and residential (medium & low density) uses.
- Commercial lots front the busy 48th and Hesper intersection.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 59106, MT
20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development parcel with 60+ mixed-use lots for commercial and residential uses in city limits.
Where is this commercial land located?
The property is located at 4800 Hesper Billings, MT.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: 60+ mixed‑use lots within city limits, directly across from the upcoming 300‑acre reservoirs.; Lot mix includes commercial (retail, restaurant, office, hotel) and residential (medium & low density) uses.; Commercial lots front the busy 48th and Hesper intersection.
