Flex Warehouse with Overhead
For Sale
$1,100,000
6512 Wagon Trl, Billings, MT
Pre-engineered steel construction supports a three-unit commercial layout with bathrooms and flexible operational space.
Property Size8,400 SF
Lot Size0.53 Acres
Price / SF$130.95
Days on Market66
Property Features for 6512 Wagon Trl
General Information
Standard status
Active
Size
8,400 SF
Lot size
0.53 Acres
Additional Details
Clear Height
16 ft
Taxes and HOA fees
Annual Taxes
$8,128
Building Details
Construction
pre-engineered steel
Listing Agency:
U Bar S Real Estate
Listed By:
Carlos Davey · License #14186
(406) 652-1151
Source:
Exprealty
Added: Aug 3
Changed: Sep 8
Last Checked: Oct 7 at 2:45PM
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 U Bar S Real Estate
Investment Insights
Based on property information with market context.
Located at 6512 Wagon Trail in Billings, Montana, this flex space contains 8,400 square feet within a three-unit configuration. The property was built in 2014 using pre-engineered steel construction and includes bathrooms, three overhead doors measuring 12 by 14 feet, three man doors, and 16-foot ceilings.
The 0.532-acre site is served by a cistern and septic tanks. Unit A is currently used by the owner, while Units B and C are occupied by one tenant with living quarters. The combination of industrial-style improvements and separate unit configuration provides a practical setting for commercial operations.
The 0.532-acre site is served by a cistern and septic tanks. Unit A is currently used by the owner, while Units B and C are occupied by one tenant with living quarters. The combination of industrial-style improvements and separate unit configuration provides a practical setting for commercial operations.
Key Highlights
- 8,400‑square‑foot flex warehouse on a 0.532‑acre lot
- Three‑unit configuration with bathrooms
- Pre‑engineered steel construction built in 2014
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,586
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,720
$1.3M
Cap Rate 7%
$936,943
$936.9K
Cap Rate 9%
$728,733
$728.7K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$110.9K $13.20/SF
− Vacancy
−$10.0K −$1.19/SF
EGI
$100.9K $12.01/SF
− OpEx
−$35.3K −$4.20/SF
NOI
$65.6K $7.81/SF
Area
Billings, MT
Vacancy
9.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,720
Cap Rate 7%
$936,943
Cap Rate 9%
$728,733
Alternative Uses
Best Use
Flex RnD
$936.9K
$819.8K – $1.09M
NOI $65,586 @ 7.0% cap · market cap 5.96%
Second Best
Warehouse
$784.0K
$686.0K – $914.6K
NOI $54,878 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,298 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Pre-engineered steel construction supports a three-unit commercial layout with bathrooms and flexible operational space.
Where is this flex space located?
The property is located at 6512 Wagon Trl Billings, MT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8,400‑square‑foot flex warehouse on a 0.532‑acre lot; Three‑unit configuration with bathrooms; Pre‑engineered steel construction built in 2014
