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    522 Jaque Ln Billings, MT 59105

    For Sale
    $498,000

    1.76 Acres, Prime Location, $498,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.76-acre commercial land parcel, located at 522 Jaque Ln in Billings, Montana, presents a compelling investment opportunity. The property, encompassing two lots (0.88 acres each), is zoned CMU2-Corridor Mixed Use 2, allowing for a variety of commercial developments. All city services are readily available. The lot is securely fenced and features gravel surfacing, enhancing its practicality and usability. Its strategic location across from Heights Shiptons provides excellent visibility and accessibility. The total land area is 76,680 square feet, and the asking price is $498,000, translating to a competitive price of $6.49 per square foot. This property is ideal for investors seeking a versatile commercial land holding in a thriving Billings neighborhood. The APN is C01515 & C01516, and the zip code is 59105. This offering represents a rare chance to acquire a valuable piece of commercial real estate in a high-demand area. The property's size, zoning, and location combine to create significant potential for future development and return on investment.

    Property Features for 522 Jaque Ln

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • 76,680 SF (1.76 acres) total land area.
    • Two parcels of 0.88 acres each.
    • CMU2‑Corridor Mixed Use 2 zoning.
    • All city utilities available.
    • Fenced and graveled lot.
    • Excellent visibility across from Heights Shiptons.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.473547
    Latitude
    45.831898

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    FAQs

    What type of property is this?
    Land - 1.76 Acres, Prime Location, $498,000
    Where is this land located?
    The property is located at 522 Jaque Ln Billings, MT.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: 76,680 SF (1.76 acres) total land area.; Two parcels of 0.88 acres each.; CMU2-Corridor Mixed Use 2 zoning.
    (406) 294-6303
    Request Owner's contact information
    522 Jaque Ln Billings, MT 59105
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    Billings, MT 59105
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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
    522 Jaque Ln Billings, MT 59105
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