New Construction Shop
5410 Knox Ave Billings, MT 59106
5410 Knox Ave, Billings, MT, 59106
$2,100,000
For Sale
$2,100,000
New construction shop/warehouse totaling 14,270 SF, offered for sale.
Property Size14,270 SF
Price / SF$147.16
Days on Market50
Property Features for 5410 Knox Ave
General Information
- Standard status
- Active
- Size
- 14,270 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agency
Coldwell Banker Commercial CBS
(406) 781-6889
Listed by
Nathan Matelich, SIOR, CCIM · License #MT #RRE-RBS-LIC-45092
(406) 781-6889
Source
Cbcmontana
Added: Jun 2 Updated: Jul 21 at 4:09AM Checked: Jul 21 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial CBS
Investment Insights
Based on property information with market context.
This new construction shop/warehouse offers a total of 14,270 SF of warehouse and shop space. The property is presented for sale and is purpose-built as an industrial facility.
The listing is located at 5410 Knox Ave in Billings, MT 59106.
If you’re looking for fresh industrial space with shop and warehouse functionality in a single facility, this newly constructed building is worth reviewing.
The listing is located at 5410 Knox Ave in Billings, MT 59106.
If you’re looking for fresh industrial space with shop and warehouse functionality in a single facility, this newly constructed building is worth reviewing.
Key Highlights
- New construction shop/warehouse totaling 14,270 SF
- Built in 2023
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $188.4k | $13.20 |
| − Vacancy | −$17.0k | −$1.19 |
| EGI | $171.4k | $12.01 |
| − OpEx | −$60.0k | −$4.20 |
| NOI | $111.4k | $7.81 |
14,270 SF · lease $13.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.59M
$1.39M – $1.86M
NOI $111,417 @ 7.0% cap · market cap 5.31%
Second Best
Warehouse
$1.33M
$1.17M – $1.55M
NOI $93,227 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,954 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - New construction shop/warehouse totaling 14,270 SF, offered for sale.
Where is this flex space located?
The property is located at 5410 Knox Ave Billings, MT.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: New construction shop/warehouse totaling 14,270 SF; Built in 2023
