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Self Storage Facility
For Sale
Contact for pricing
Pending

743 Lake Elmo Dr, Billings, MT 59105

Seller reports a 99% occupied self-storage facility with direct road visibility and no planned new construction nearby.

Property SizeContact for details
Days on Market121

Property Features for 743 Lake Elmo Dr

General Information

Standard status Pending
Property subtype Self Storage
Occupancy 99%

Additional Details

Business Included Yes
Traffic Count 11,600 vehicles/day
Listing Agency: SkyView Advisors
Listed By: Scott Schoettlin · License #FL SL3426060
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 1:51PM

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 SkyView Advisors

Investment Insights

Based on property information with market context.

This self-storage facility is presented as a 99% occupied property. The offering also notes an opportunity to increase revenue by implementing a tenant insurance program and the ability to raise rental rates by 23% to reach a stated market level.

The facility is described as being in direct view off Hilltop Road, with over 11,600 vehicles per day reported. The seller further states there is no planned or new self-storage construction in the five-mile radius, and cites high population growth of 1.19% in the one-mile radius.

Overall, the property is being marketed as an established storage asset with strong near-term operating occupancy and limited nearby new supply per the seller’s disclosures.

Key Highlights

  • Self‑storage facility reported as 99% occupied
  • Direct view from Hilltop Road with over 11,600 vehicles per day
  • No planned or new self‑storage construction reported in the five‑mile radius

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

11,600 VPD
Traffic count
99%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 59105, MT

33,310
Population
14,198
Households
2.3
Avg Household Size
37
Median Age
30%
College-Educated
96%
High-School Grad
95.9 sq mi
ZIP Area
347
Density / Sq Mi
$74,572
Median Household Income
$44,359
Median Earnings
$1,261
Median Rent
$314,900
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?
Self storage facility - Seller reports a 99% occupied self-storage facility with direct road visibility and no planned new construction nearby.
Where is this self storage facility located?
The property is located at 743 Lake Elmo Dr Billings, MT.
What are key features of this property?
This property features: Self‑storage facility reported as 99% occupied; Direct view from Hilltop Road with over 11,600 vehicles per day; No planned or new self‑storage construction reported in the five‑mile radius
(813) 829-1248 Call to check price and availability
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