Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Green Briar Rd, Unit 1 Billings, MT 59105

    View on Map
    Sponsored
    For Sale
    $89,950

    LAND - Billings, MT

    Lot size:
    0.22 Acres
    Days on Market:
    105
    Last Refresh:
    Mar 8 at 11:06 pm

    Property Features for Green Briar Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    A22698
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Lanissa Fortner

    4 Seasons Real Estate (406) 670-9799

    Listing agent Lanissa Fortner (406) 670-9799 License #RRE-BRO-LIC-13590

    Listing date Nov 24, 2025

    MLS# 354579 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Residential Land Near Golf Course

    This 0.2204-acre lot in Billings, MT, offers the opportunity to build a custom home. Situated near the Lake Hills Golf Course, the property provides views and direct golf access. The lot is located on Greenbriar Road in the 59105 postal code area of Yellowstone County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.49865
    Latitude
    45.839258

    Nearby Similar for Sale

    • New
      $410,000
      2,929 SF

      Westend Industrial Condo/Flex Space

      Versatile industrial condo/flex space in a prime Westend location.
      2697 Enterprise Ave, Billings, MT 59102
      View Details
    • New
      $600,000
      3,808 SF

      Billings Fourplex with Detached Garages

      Fourplex in Billings with detached garages and long-term tenants.
      1628 Kelby Dr, Billings, MT 59105
      View Details
    • New
      $135,000
      3,420 SF

      Billings Commercial Building on Corner Lot

      Retail space on 0.51 acres in high-traffic Billings location.
      1 Macarthur Ave, Billings, MT 59101
      View Details
    • $325,000
      3,000 SF

      Billings Shop on Acreage

      New 3000 SF shop on over an acre.
      243 S 80Th St W, Billings, MT 59106
      View Details
    • Contact for pricing
      1,440 SF

      West End Shop Space Available

      1440 sq ft heated shop space on Billings' West End.
      6612 Western Way, Billings, MT 59106
      View Details
    • Contact for pricing
      2,115 SF

      West End Office and Shop

      New construction office and heated shop in Billings' desirable West End.
      6612 Western Way, Billings, MT 59106
      View Details
    • $340,000
      2,098 SF

      Billings Triplex Investment Opportunity

      Well-maintained triplex near downtown Billings, ideal for investors.
      238 Terry Ave, Billings, MT 59101
      View Details
    • $560,000
      0.35 Acres

      Remodeled Office/Retail Space in Billings

      Meticulously maintained office/retail building with room for expansion.
      1404 Main St, Billings, MT 59105
      View Details
    • $1,600,000
      10,560 SF

      Billings Light-Industrial Facility For Sale

      10,560 sq ft facility with warehouse, office, and yard space.
      6830 Commercial Ave, Billings, MT 59101
      View Details
    • $540,000
      3,120 SF

      Free Standing Midtown Retail Building

      Midtown retail building, remodeled in 2010, suitable for multiple uses.
      644 Broadwater Ave, Billings, MT 59102
      View Details
    • Contact for pricing

      Renovated Office Space in Billings

      Recently renovated office space with multiple rooms and ADA bathroom.
      1112 Broadwater Ave, Billings, MT 59102
      View Details
    • $350,000
      2,808 SF

      Spacious Shop with Barndominium Potential

      2.5+ acre property with shop, stalls, and barndominium potential.
      3923 High Trail Rd, Billings, MT 59101
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale near Lake Hills Golf Course.
    Where is this residential land & home lot located?
    The property is located at Green Briar Rd, Unit 1 Billings, MT.
    What is the asking price?
    The asking price for this property is $89,950.
    What are key features of this property?
    This property features: - Backdrops onto the Lake Hills Golf Course.; - Offers direct golf access bordering the fairway.; - Generous lot with ample space to build.
    (406) 670-9799
    Request Owner's contact information
    Green Briar Rd, Unit 1 Billings, MT 59105
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Green Briar Rd, Unit 1
    Billings, MT 59105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Green Briar Rd, Unit 1 Billings, MT 59105
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lanissa Fortner
    Real Estate License ID: RRE-BRO-LIC-13590
    (406) 670-9799
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!