Industrial Building with Overhead
For Sale
$679,000
535 Moore Ln, Billings, MT 59101
Industrial building in the Moore Lane area featuring three overhead doors.
Property Size5,717 SF
Days on Market100
Property Features for 535 Moore Ln
General Information
Standard status
Active
Size
5,717 SF
Property subtype
Warehouse
Building Details
Building Size
5,717 SF
Year Built
1979
Listing Agency:
NAI Business Properties
Listed By:
Michael Walker · License #RRE-BRO-LIC-9143
(406) 256-5000
Source:
Thebrokerlist
Added: Jul 13
Changed: Oct 11
Last Checked: Oct 20 at 5:11PM
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 NAI Business Properties
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Investment Insights
Based on property information with market context.
Industrial building located on Moore Lane in the Moore Lane industrial area. The property includes three overhead doors, supporting straightforward warehouse and distribution access.
The asset is offered for sale and positioned on Moore Lane, making it suitable for users seeking an industrial setup with multiple loading points.
The asset is offered for sale and positioned on Moore Lane, making it suitable for users seeking an industrial setup with multiple loading points.
Key Highlights
- Industrial building built in 1979
- Located in the Moore Lane industrial area
- Features three overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,350
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,000
$747.0K
Cap Rate 7%
$533,571
$533.6K
Cap Rate 9%
$415,000
$415.0K
Market Conditions
NOI Build-Up for 5,717 SF
Gross rent
$48.0K $8.40/SF
− Vacancy
−$4.1K −$0.71/SF
EGI
$43.9K $7.69/SF
− OpEx
−$6.6K −$1.15/SF
NOI
$37.3K $6.53/SF
Area
Billings, MT
Vacancy
8.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,000
Cap Rate 7%
$533,571
Cap Rate 9%
$415,000
Alternative Uses
Best Use
Warehouse
$533.6K
$466.9K – $622.5K
NOI $37,350 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,319 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- The Storage Place of MT — 5504 King Ave E, Billings, MT 59101
- Charles Street Storage — 609 Charles St, Billings, MT 59101
- Mini Storage by M. Ensign Enterprise — 343 S Plainview St, Billings, MT 59101
- Midtown Storage — 205 Prickett Ln, Billings, MT 59101
- Lock and Roll Storage — 224 Prickett Ln, Billings, MT 59101
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building in the Moore Lane area featuring three overhead doors.
Where is this warehouse located?
The property is located at 535 Moore Ln Billings, MT.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Industrial building built in 1979; Located in the Moore Lane industrial area; Features three overhead doors
