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Riverfront Light Industrial Land
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1035 Island Park Rd, Billings, MT 59101

Four acres on the Yellowstone River zoned I1, with city water and sewer available nearby.

Property SizeContact for details
Lot Size4.00 Acres
Days on Market121

Property Features for 1035 Island Park Rd

General Information

Standard status Active
Lot size 4.00 Acres
Property subtype Land
Zoning I1

Additional Details

Road Access Yes
Listing Agency: Coldwell Banker Commercial CBS
Listed By: Kyle Schlichenmayer, CCIM · License #MT
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:17AM

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 offering consists of approximately four acres of industrial land located on the Yellowstone River in Lockwood. The property is identified as COS 1269, Parcel 1A, described by S26, T01 N, R26 E. Roughly two acres are located in the flood fringe, with the remaining acreage outside the flood fringe.

Access is from Doon Ave on the north side of the property. Lockwood water and sewer service is currently available in Bonnie Lane to the east and Sandy Lane to the north.

The property is zoned I1 – Light Industrial.

Key Highlights

  • 4 acres on the Yellowstone River in Lockwood, zoned I1 - Light Industrial
  • Pricing by flood status: 2 acres out of the flood fringe at $2.75/SF ($240,000)
  • 2 acres in the flood fringe at $2/SF ($175,000)

Property Analytics

Current Use

Magic City Wrecker ... Auto Repair Shop Makeeff Repair, Inc. Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Plumbing Service Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 59101, MT

41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Four acres on the Yellowstone River zoned I1, with city water and sewer available nearby.
Where is this industrial land located?
The property is located at 1035 Island Park Rd Billings, MT.
What are key features of this property?
This property features: 4 acres on the Yellowstone River in Lockwood, zoned I1 - Light Industrial; Pricing by flood status: 2 acres out of the flood fringe at $2.75/SF ($240,000); 2 acres in the flood fringe at $2/SF ($175,000)
More about this property
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