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    Workshop Ave Billings, MT 59106

    For Sale
    $52,000

    Montana industrial land, prime development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional offering presents a unique investment opportunity in Billings, Montana. Fifteen industrial land parcels are available for sale, offering flexibility for various development needs. Lots 69 through 83 each encompass approximately 10,400 square feet, with dimensions of roughly 80 feet wide by 130 feet deep. Each of these lots is approved for the construction of a triplex shop building. Additionally, a larger parcel, Lot 9, totaling 24,203 square feet, is available and approved for six units. The land is priced at an attractive $5.00 per square foot, resulting in an asking price of $52,000 for the smaller lots. The property is located on N Workshop Ave in Yellowstone County, Montana, zip code 59106. These lots are ideally suited for a diverse range of uses, including automotive enthusiasts, woodworking and carpentry businesses, small businesses requiring storage and workspace, and homeowners needing secure storage for vehicles, boats, or recreational equipment. The opportunity exists to purchase individual lots or multiple lots to meet specific development requirements. This is a rare chance to acquire prime industrial land in a thriving Montana market. Don't miss this chance to secure your piece of Billings' industrial future.

    Property Features for 0 Workshop Ave

    General Information

    Property type
    Land

    HighLights

    • 15 total lots available
    • Lots 69‑83: Approximately 10,400 square feet each
    • Lot 9: 24,203 square feet
    • $5.00 per square foot
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.7248254
    Latitude
    45.7525537

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    FAQs

    What type of property is this?
    Land - Montana industrial land, prime development.
    Where is this land located?
    The property is located at Workshop Ave Billings, MT.
    What is the asking price?
    The asking price for this property is $52,000.
    What are key features of this property?
    This property features: 15 total lots available; Lots 69-83: Approximately 10,400 square feet each; Lot 9: 24,203 square feet
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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
    Workshop Ave Billings, MT 59106
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