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Freestanding Flex Space with Overhead Doors

8903 Royce Lee Ln, Billings, MT 59106

For Lease
$3,300/Mo

CommercialSale, Billings, MT

Space SizeContact for details
Days on Market56

Property Features for 8903 Royce Lee Ln

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Un-zoned
Subdivision Lipp Sub
Directions 89th St W and Lipp Rd
Standard status Active
APN C19085
Size 3,200 SF

Taxes and HOA fees

Tax Description LIPP SUB 2ND FILING (24), S10, T01 S, R24 E, BLOCK 1, Lot 3
Legal Description LIPP SUB 2ND FILING (24), S10, T01 S, R24 E, BLOCK 1, Lot 3

Utilities

Sewer type Septic Tank
Heating system Propane (Heating)

Building Details

Year built 2026
Floors in Building 1
Building materials MetalSiding, WoodSiding
Roof type Metal
Listing Agency: THE Agency Montana
Listed By: Lauren Bond · License #RRE-BRO-LIC-54002
Added: Sep 15 Changed: Oct 20 Last Checked: Nov 9 at 5:06AM
MLS# 361888

Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This under-construction flex property is planned as a freestanding working shop with 3,200 square feet of space. The building measures 40 by 80 feet and includes two 12-by-14-foot overhead doors, 16-foot ceilings, a private bathroom, metal and wood siding, and a metal roof. Propane heating and a septic tank are specified, with completion identified for 2026.

The property is located in Billings’ West End between Billings and Laurel, with access suited to large trucks. It sits near the King Avenue and Grand Avenue corridors, within 5 miles of several residential communities and West End shopping and dining. Three-phase power is available nearby, and additional land across the street is identified as approximately 16 acres total, along with a 5-acre lot at Lipp Road and 88th Street West.

Key Highlights

  • 3,200‑square‑foot flex building measuring 40x80 feet
  • Two 12'x14' overhead doors and 16' ceilings
  • Under construction with completion identified for 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$1.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59106, MT

20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Billings, MT

$10.87 /SF/Yr
Avg Asking Price
$7.4–$22.11 /SF/Yr
Price Range
5,783 SF
Avg Space Size

This space is priced 14% above the average of $10.87 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Billings, MT

$10.75 Jul
$10.78 Aug
$10.93 Sep
$10.91 Oct

Properties on Market for Flex space in Billings

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - Under-construction shop with truck-friendly access, a private bathroom, and on-site parking.
Where is this flex space located?
The property is located at 8903 Royce Lee Ln Billings, MT.
What is the lease rate?
The lease rate is $3,300/Mo.
What are key features of this property?
This property features: 3,200‑square‑foot flex building measuring 40x80 feet; Two 12'x14' overhead doors and 16' ceilings; Under construction with completion identified for 2026
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