Insulated Warehouse Storage
For Sale
$138,600
1127 S 31st St W Unit U-G6, Billings, MT 59102
CommercialSale, Billings, MT
Property Size1,100 SF
Price / SF$126
Days on Market364
Property Features for 1127 S 31st St W Unit U-G6
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Light Industrial
Parking features
Parking Lot
Security features
Security
Subdivision
GABEL ROAD COMMERCIAL CENTER S
Directions
Gabel Road, then North on S 31st Street W. Storage facility is at end of road next to SteepWorld.
Standard status
Active
APN
A36968C
Taxes and HOA fees
Tax Description
GABEL ROAD COMMERCIAL CENTER SUBD, S13, T01 S, R25 E, BLOCK 1, Lot 10A1, AMD BLK 1 LTS 7-9, 10A,11A (18) BLDG G UNIT U-G6 1.73% COMMON AREA INTEREST
Tax Annual Amount
1630
Legal Description
GABEL ROAD COMMERCIAL CENTER SUBD, S13, T01 S, R25 E, BLOCK 1, Lot 10A1, AMD BLK 1 LTS 7-9, 10A,11A (18) BLDG G UNIT U-G6 1.73% COMMON AREA INTEREST
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
Gated access
24/7 video surveillance
On-site RV dump
Clubhouse restroom
Ceiling-mounted gas radiant heater
Ample lighting
Abundant outlets
Building Details
Year built
2020
Floors in Building
1
Building materials
Steel
Roof type
Metal
Listing Agency:
Yellowstone Valley RE LLC
(406) 534-2860
Listed By:
Jason Wood · License #RRE-RBS-LIC-71019
(406) 850-2675
Added: Oct 8, 2025
Changed: Sep 4
Last Checked: Oct 6 at 7:06PM
MLS# 355927
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.
Unit U-G6 is an insulated warehouse storage condominium with a steel structure, metal roof, and a 22' x 50' interior. The space includes a 14' automatic overhead door with opener, natural-gas radiant heating, ceiling-mounted lighting, and numerous electrical outlets. A dividing wall will be installed before closing, or the unit may be purchased with adjacent Unit U-G7 as a connected space. Owners also have restroom access through the facility clubhouse.
The property is at 1127 S 31st St W in Billings, within the West End and minutes from I-90. Site features include gated entry, 24/7 video surveillance, a large paved parking area, and an on-site RV dump with room for vehicle maneuvering. Public water and sewer serve the facility, and the building was constructed in 2020.
The property is at 1127 S 31st St W in Billings, within the West End and minutes from I-90. Site features include gated entry, 24/7 video surveillance, a large paved parking area, and an on-site RV dump with room for vehicle maneuvering. Public water and sewer serve the facility, and the building was constructed in 2020.
Key Highlights
- 22' x 50' insulated warehouse storage unit
- 14' automatic overhead door with opener
- Gated access and 24/7 video surveillance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,186
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,720
$143.7K
Cap Rate 7%
$102,657
$102.7K
Cap Rate 9%
$79,844
$79.8K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$9.2K $8.40/SF
− Vacancy
−$785 −$0.71/SF
EGI
$8.5K $7.69/SF
− OpEx
−$1.3K −$1.15/SF
NOI
$7.2K $6.53/SF
Area
Billings, MT
Vacancy
8.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,720
Cap Rate 7%
$102,657
Cap Rate 9%
$79,844
Alternative Uses
Best Use
Warehouse
$102.7K
$89.8K – $119.8K
NOI $7,186 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.0K
$210.0K – $280.0K
NOI $16,801 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59102, MT
48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Put It Here Storage — 3224 Hesper Rd, Billings, MT 59102
- Homestead Self Storage — 3232 Hesper Rd, Billings, MT 59102
- Elysian Mini Storage — Elysian Rd, Billings, MT 59101
- U-Pack — 2630 Gabel Rd, Billings, MT 59102
- B & N Storage — 1415 S 32nd St W, Billings, MT 59102
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated warehouse condo with gated access, video monitoring, and an automatic overhead door.
Where is this warehouse located?
The property is located at 1127 S 31st St W Unit U-G6 Billings, MT.
What is the asking price?
The asking price for this property is $138,600.
What are key features of this property?
This property features: 22' x 50' insulated warehouse storage unit; 14' automatic overhead door with opener; Gated access and 24/7 video surveillance
