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    1623 Venture Cir Billings, MT 59101

    Sponsored
    For Sale
    $539,708

    4.13 Acres, Heavy Industrial Zoning, Shovel Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Prime 4.13-acre industrial land parcel in Billings, Montana, is now available for $539,708. This shovel-ready site boasts Heavy Industrial (I2) zoning, making it ideal for a variety of commercial and industrial uses. Conveniently located near the intersection of Johnson Lane/Farley Lane, it offers easy access to the I-90/I-94 interchange and is within minutes of the Billings Bypass project, a multi-phase development slated for completion in 2026. This new arterial roadway will significantly improve connectivity between Lockwood, Billings Heights, and the interstate. The property features gas and electricity already stubbed to the site, simplifying development. The lot is zoned for Heavy Industrial use and has a land value of $3 per square foot. While situated in Flood Zone AE, considered a "Base Flood" zone (100-year flood plain), the annual flood risk is less than 1%. 2023 property taxes totaled $5,324.28. The property's address is 1623 Venture Circle, Billings, MT 59101, with APN C16725. This exceptional opportunity presents significant potential for investors and developers seeking a strategic location within a rapidly growing area.

    Property Features for 1623 Venture Cir

    General Information

    Property type
    Land
    Lot Size
    179,903 SF

    HighLights

    • $539,708 Sale Price
    • I‑2 Heavy Industrial Zoning
    • Shovel‑Ready Site
    • $5,324.28 Annual Property Taxes (2023)
    • Utilities stubbed to site
    • $3/SF Price
    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 Auto Parts Store Department Store Storage Facility Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.409243
    Latitude
    45.830046

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    FAQs

    What type of property is this?
    Land - 4.13 Acres, Heavy Industrial Zoning, Shovel Ready
    Where is this land located?
    The property is located at 1623 Venture Cir Billings, MT.
    What is the asking price?
    The asking price for this property is $539,708.
    What are key features of this property?
    This property features: $539,708 Sale Price; I-2 Heavy Industrial Zoning; Shovel-Ready Site
    Request Owner's contact information
    1623 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
    1623 Venture Cir Billings, MT 59101
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