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    Office/Warehouse Flex Units Title is generated by Realmo AI

    6417 Trade Center Ave, Billings, MT 59101

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    For Lease
    $1,995/Mo $3 SF/Yr (calc)

    Flex office/warehouse units with overhead door, ADA bathroom, and secure fenced storage for practical operations.

    Type:Industrial
    Property size:
    6,500 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:59 am

    Property Features for 6417 Trade Center Ave

    General Information

    Standard status
    Active
    Size
    6,500 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2008

    Spaces For Lease

    at 6417 Trade Center Ave Contact us

    We can help!

    Listing Contact
    Brian McDonald
    Brian McDonald

    Listing agent Brian McDonald License #RRE-BRO-LIC-12627

    Listing office NAI Business Properties

    Listing date Jun 2, 2026

    Source Naiglobal

    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

    HighLights

    • Office/warehouse space built in 2008 with a small office and an ADA‑compliant bathroom
    • Each unit includes a 12' x 14' overhead door for loading and access
    • Two units available (Unit A and Unit B), 3,250 SF per unit for office/warehouse use
    • Secure assigned space in a fenced storage area included with the units
    • Lease rate is $1,995 per month per unit, plus an estimated prorated utility share of about $100/month
    • Unit A and Unit B can be leased together for approximately 6,500 SF

    Overview

    This property offers office/warehouse flex space configured with a small office and an ADA-compliant bathroom. Each unit includes a 12' x 14' overhead door and an assigned space within a fenced storage area, creating a functional setup for companies that need both light office space and direct loading access.

    Two units are available (Unit A and Unit B). The offering can be leased separately or together, providing flexibility for tenants seeking a single unit or a larger consolidated footprint. The property is located at 6417 Trade Center Ave in Billings, Montana.

    These units are well-suited for businesses that want a straightforward, self-contained work space combining warehouse usability with on-site office support and accessibility. The overhead door and dedicated loading/storage arrangement make the space practical for distribution, small operations, or service-related uses that benefit from secured outdoor storage alongside an ADA-accessible restroom.
    Location Intelligence

    Current Use by Public Records

    Hulteng VA Home ... Loan Service SBH Construction Company Hulteng CCM, Inc. Construction Company

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Gym & Fitness Center Nail Salon Hotel & Motel Skin Care Clinic Kitchen & Bath Showroom HVAC Service Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5784751
    Latitude
    45.7344542

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    FAQs

    What type of property is this?
    Flex space - Flex office/warehouse units with overhead door, ADA bathroom, and secure fenced storage for practical operations.
    Where is this flex space located?
    The property is located at 6417 Trade Center Ave Billings, MT.
    What is the lease rate?
    The lease rate is $1,995 /Mo.
    What are key features of this property?
    This property features: Office/warehouse space built in 2008 with a small office and an ADA‑compliant bathroom; Each unit includes a 12' x 14' overhead door for loading and access; Two units available (Unit A and Unit B), 3,250 SF per unit for office/warehouse use
    (406) 860-1567
    We can help!
    Listing Contact
    Brian McDonald
    Brian McDonald
    Real Estate License ID: RRE-BRO-LIC-12627
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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