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    3220 Pureview Ln Billings, MT 59106

    Sponsored
    For Sale
    $520,000

    Billings, MT flex space investment.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000-square-foot Class A flex space, located at 3220 Pureview Lane, Unit A4 in Billings, Montana, presents a unique investment opportunity. Built in 2023, this property boasts a 100% occupancy rate with a current lease expiring November 30, 2025, offering a one-year remaining lease term. The property features a combined live/work space, ideal for owner-occupancy or continued rental income. The industrial-zoned building includes 1,500 square feet of finished living space, complete with two bedrooms (each with walk-in closets), a full bathroom with a tub, and a second bathroom with a utility sink. The kitchen is equipped with high-end appliances and under-cabinet lighting. The remaining 1,500 square feet comprises a warehouse space perfect for business or hobby use. This area features sealed concrete floors with radiant heat, two 14' x 14' overhead doors with pull-through capability, and access to a shared private storage yard with a gate. The property sits on a 1.8-acre lot, outside city limits, and offers a 7.62% cap rate with a net operating income (NOI) of $39,600. The asking price is $520,000, translating to $178 per square foot. The property is zoned for outside city limits and has a gross lease type. All utilities are included in the lease. This is a single-unit, two-story building with a 9-foot ceiling height. The APN is C18666D.

    Property Features for 3220 Pureview Ln

    General Information

    Property type
    Live-work space
    Square Feet
    3,000 SF
    Class
    A
    Lot Size
    78,408 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $520,000 Sales Price, 3,000 Total Square Feet
    • 1,500 SF Retail Space with Radiant Heat
    • Sealed Concrete Floors
    • Two 14' x 14' Overhead Doors with Drive‑Thru Capability
    • 1,500 SF Finished Living Space
    • Two Bedrooms, Each with Walk‑In Closet
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.668231
    Latitude
    45.710659

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    FAQs

    What type of property is this?
    Live-work space - Billings, MT flex space investment.
    Where is this live-work space located?
    The property is located at 3220 Pureview Ln Billings, MT.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: $520,000 Sales Price, 3,000 Total Square Feet; 1,500 SF Retail Space with Radiant Heat; Sealed Concrete Floors
    Request Owner's contact information
    3220 Pureview Ln Billings, MT 59106
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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
    3220 Pureview Ln Billings, MT 59106
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