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    1135 Island Park Rd, Unit Billings Billings, MT 59101

    For Sale
    $590,000

    Well-maintained 4,800 SF shop with 1.07-acre lot in Lockwood.

    Property size:
    4 SF

    Property Features for 1135 Island Park Rd

    General Information

    Size
    4 SF

    Building Details

    Year built
    2000

    Source: PureWest Real Estate Agent PureWest Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lockwood Shop on 1.07 Acres

    This well-maintained 4,800 SF shop is situated on a 1.07-acre lot in Lockwood. The building features four 14 ft doors, including one straight drive-through. It includes a small office space with a bathroom. The property is zoned I1- Light Industrial and is located close to the Lockwood interchange. The building is connected to Lockwood water but not to Lockwood Sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.4565263
    Latitude
    45.8041202

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    FAQs

    What type of property is this?
    Flex space - Well-maintained 4,800 SF shop with 1.07-acre lot in Lockwood.
    Where is this flex space located?
    The property is located at 1135 Island Park Rd, Unit Billings Billings, MT.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: - Large 4,800 SF shop on a 1.07-acre lot.; - Zoned I1- Light Industrial.; - Four 14 ft doors, including a straight drive-through.
    (406) 885-6987
    Request Owner's contact information
    1135 Island Park Rd, Unit Billings Billings, MT 59101
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    Realmo Value Estimation

    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.

    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.

    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
    1135 Island Park Rd, Unit Billings Billings, MT 59101
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