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    1613 Aviation Pl Billings, MT 59101

    For Sale
    $2,300,000

    Aviation property featuring office space and airplane hangar.

    Property size:
    18,560 SF

    Property Features for 1613 Aviation Pl

    General Information

    Size
    18,560 SF

    Building Details

    Year built
    1999

    Source: Matt Robertson, SIOR Agent Matt Robertson, SIOR

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

    Overview

    Billings Aviation Property with Hangar

    This aviation property includes a 5,120 square foot Class A office building constructed in 1999, and a 13,440 square foot airplane hangar built in 1994. The hangar features a 75-foot bifold door and 27-foot sidewalls. Ample parking is available. The property is located on the Billings International Airport, through an airport land lease. The existing owner has a long-term land lease with the Billings Airport. There is a long-term lease with the FAA and an annual lease with Cape Air. The office interior has been updated. This property presents an investment opportunity or potential for owner/user with investment income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cape Air Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5280808
    Latitude
    45.8024725

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    FAQs

    What type of property is this?
    Aviation real estate - Aviation property featuring office space and airplane hangar.
    Where is this aviation real estate located?
    The property is located at 1613 Aviation Pl Billings, MT.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Long-term lease with the FAA provides stable, reliable income.; - **13,440 SF airplane hangar with 75' bifold door and 27' sidewalls is ideal for aviation-related businesses.**; - Located directly on Billings International Airport via a land lease.
    (406) 671-1158
    Request Owner's contact information
    1613 Aviation Pl 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
    1613 Aviation Pl Billings, MT 59101
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