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    5365 Midland Rd Billings, MT 59101

    For Sale
    $890,000

    Billings, MT: Prime 2.55-acre development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.55-acre commercial land parcel in Billings, Montana, presents a unique investment opportunity. Located at 5365 Midland Road, this Highway Commercial zoned property boasts 235 feet of frontage on eastbound I-90 between exits 446 and 447, and an additional 317 feet of frontage on Midland Road. Its strategic position between Econo Lodge and Motel 6 North ensures high visibility and accessibility. The property's proximity to seven major hotels/motels makes it an ideal location for a restaurant or other high-traffic commercial venture. City utilities, including a 6-inch water line and sewer, are readily available on-site. Currently configured as two lots, the property offers flexibility with potential for lot line relocation. Priced at $890,000 ($8.00 per square foot), this is a rare chance to acquire a highly visible and well-situated commercial land parcel in a thriving Montana market. The Yellowstone County location and 59101 zip code add to its appeal.

    Property Features for 5365 Midland Rd

    General Information

    Property type
    Land
    Lot Size
    111,078 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop 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
    -108.5490987
    Latitude
    45.7492388

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    FAQs

    What type of property is this?
    Land - Billings, MT: Prime 2.55-acre development site.
    Where is this land located?
    The property is located at 5365 Midland Rd Billings, MT.
    What is the asking price?
    The asking price for this property is $890,000.
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    5365 Midland Rd 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
    5365 Midland Rd Billings, MT 59101
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