Flex Space with Overhead
For Sale
$432,000
6871 King Ave West #F, Billings, MT 59102
Office and warehouse configuration with a fenced storage yard, radiant heat, and an ADA bathroom.
Property Size3,600 SF
Price / SF$120
Days on Market254
Property Features for 6871 King Ave West #F
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Industrial
Site & Location
Neighborhood
West Shiloh
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
16 ft
Building Details
Building Size
3,600 SF
Year Built
2007
Properties For Sale
at 6871 King Ave West #F
6871 King Ave West #F
Size
3,600 SF
Lease Type
NNN
Listing Agency:
NAI Business Properties
Listed By:
Brian McDonald · License #RRE-BRO-LIC-12627
(406) 256-5000
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 25
Last Checked: Oct 30 at 10:35AM
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.
This 3,600-square-foot flex property combines office and warehouse space with a small office area and ADA bathroom. The building offers 16-foot sidewall height, three 14-foot overhead doors, and radiant heat for functional day-to-day operations. A fenced storage yard extends the usable area beyond the building.
Built in 2007, the property includes ample parking for tenants and customers. Its Billings location provides access to major transportation routes, supporting commercial operations that require convenient vehicle movement and on-site storage.
Built in 2007, the property includes ample parking for tenants and customers. Its Billings location provides access to major transportation routes, supporting commercial operations that require convenient vehicle movement and on-site storage.
Key Highlights
- 3,600 SF office/warehouse building
- 16 Ft sidewall height
- Three 14 Ft overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,108
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,160
$562.2K
Cap Rate 7%
$401,543
$401.5K
Cap Rate 9%
$312,311
$312.3K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$47.5K $13.20/SF
− Vacancy
−$4.3K −$1.19/SF
EGI
$43.2K $12.01/SF
− OpEx
−$15.1K −$4.20/SF
NOI
$28.1K $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%
$562,160
Cap Rate 7%
$401,543
Cap Rate 9%
$312,311
Alternative Uses
Best Use
Flex RnD
$401.5K
$351.4K – $468.5K
NOI $28,108 @ 7.0% cap · market cap 6.51%
Second Best
Warehouse
$336.0K
$294.0K – $392.0K
NOI $23,519 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$785.5K
$687.3K – $916.4K
NOI $54,985 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59102, MT
48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with a fenced storage yard, radiant heat, and an ADA bathroom.
Where is this flex space located?
The property is located at 6871 King Ave West #F Billings, MT.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: 3,600 SF office/warehouse building; 16 Ft sidewall height; Three 14 Ft overhead doors
