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    2440 Grant Rd Billings, MT 59102

    For Lease
    $14 SF/Yr ($10,746 /Mo)

    High-traffic retail showroom, ample storage.

    Lot size:
    9,211 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A retail property, located at 2440 Grant Road in Billings, Montana, presents a unique investment opportunity. Built in 2004, the single-story building boasts a total of 9,211 square feet, with 5,864 square feet currently vacant. Situated on a generous 27,029 square foot lot, the property benefits from excellent visibility and high traffic counts, making it ideal for a variety of retail or showroom uses. The property's zoning is CX-Heavy Commercial, offering flexibility for various business types. The building features no elevators, but its single-story design ensures easy accessibility. Ample warehouse or storage space is available, complementing the significant retail area. The property's location in the Billings West End submarket places it within a thriving area known for its shopping, dining, and lodging options. The address is 2440 Grant Road, Billings, MT 59102, conveniently located near 24th Street West. The property's APN is A28358B, and it is situated in Yellowstone County. This prime retail space offers significant potential for growth and profitability in a desirable location.

    Property Features for 2440 Grant Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,211 SF
    Class
    A
    Total Rate
    10746.17

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,864 SF
    Rate per SF
    $14

    HighLights

    • 9,211 SF Class A retail building on a 27,029 SF lot in Billings, MT.
    • 5,864 SF currently vacant, featuring a large showroom, heated warehouse, and small office.
    • Located at 2440 Grant Road, Suite 2, Billings, MT, west of Fiesta Mexicana.
    • Excellent visibility and parking, plus prominent storefront windows and signage.
    • Lease rate: $14/SF + $4.89/SF CAM (includes all utilities); total monthly rent: $9,231.
    • Built in 2004; CX‑Heavy Commercial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beaches Beauty Supply-Billings ... Beauty Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.57775474885
    Latitude
    45.752389849272

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail showroom, ample storage.
    Where is this individual retail property located?
    The property is located at 2440 Grant Rd Billings, MT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 9,211 SF Class A retail building on a 27,029 SF lot in Billings, MT.; 5,864 SF currently vacant, featuring a large showroom, heated warehouse, and small office.; Located at 2440 Grant Road, Suite 2, Billings, MT, west of Fiesta Mexicana.
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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
    2440 Grant Rd Billings, MT 59102
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