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    1607 Venture Cir Billings, MT 59101

    Sponsored
    For Sale
    $675,615

    Prime Billings industrial land, I2 zoning, shovel-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 5.17-acre parcel of land presents a compelling investment opportunity in Billings, Montana. Located at 1607 Venture Circle, this property boasts Heavy Industrial (I2) zoning, making it ideal for a variety of commercial and industrial uses. The land is conveniently situated near the Billings Bypass project, a multi-phase initiative slated for completion in 2026, which will significantly enhance connectivity to Lockwood, Billings Heights, and the I-90/I-94 interchange. This strategic location offers unparalleled access to major transportation routes, ensuring efficient logistics and distribution. Utilities, including gas and electricity, are already stubbed to the property, streamlining the development process. The asking price is $675,615, translating to a land value of $3 per square foot. The property's APN is C16724. While located in a Flood Zone AE (considered a "Base Flood" zone or a 100-year flood area with less than a 1% chance of annual flooding), this presents a manageable risk for many development projects. 2023 property taxes totaled $6,449.61. This shovel-ready site is poised for immediate development, offering significant potential for growth and return on investment. The property is easily accessible from Johnson Lane/Farley Lane, providing convenient access to the area's infrastructure. This is a rare opportunity to acquire a well-positioned industrial land parcel in a rapidly developing area of Billings.

    Property Features for 1607 Venture Cir

    General Information

    Property type
    Land
    Lot Size
    225,205 SF

    HighLights

    • Asking Price: $675,615
    • I‑2 Heavy Industrial Zoning
    • Shovel‑Ready Site
    • 2023 Property Taxes: $6,449.61
    • Utilities Stubbed (Gas & Electric)
    • $3/SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.40842935026
    Latitude
    45.828712771984

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    FAQs

    What type of property is this?
    Land - Prime Billings industrial land, I2 zoning, shovel-ready.
    Where is this land located?
    The property is located at 1607 Venture Cir Billings, MT.
    What is the asking price?
    The asking price for this property is $675,615.
    What are key features of this property?
    This property features: Asking Price: $675,615; I-2 Heavy Industrial Zoning; Shovel-Ready Site
    Request Owner's contact information
    1607 Venture Cir Billings, MT 59101
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    Billings, MT 59101
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    Realmo Value Estimation

    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.

    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.

    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
    1607 Venture Cir Billings, MT 59101
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