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    1236 Mullowney Ln Billings, MT 59101

    Sponsored
    For Sale
    $550,000

    Prime 1-acre Commercial/Industrial Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional opportunity presents 22 one-acre-plus commercial and industrial lots in Billings, Montana's burgeoning Howard Subdivision. Strategically located at the King Avenue I-90 Interchange, this development boasts unparalleled access to Interstate 90, placing businesses within easy reach of major transportation routes. The area is experiencing significant growth, with over 900 existing and 1,828 planned new hotel rooms and housing units nearby, creating a robust market for commercial ventures. These lots are ideal for a variety of uses, including hotels, restaurants, and other commercial or industrial operations. Each lot offers city water, sewer, gas, power, and telecommunications infrastructure, ensuring seamless business operations. The subdivision features completed blacktop streets, sidewalks, storm drains, and runoff systems. While the official plat is pending, offers can be submitted. Lots 1-12 in Block 4 and lots 2-9 in Block 1 are available at $550,000 each. Additionally, three lots on Mullowney Lane are available, with one measuring 1.23 acres and two in Block 5 at 1.12 acres each, priced at $22.00 per square foot. The property benefits from city maintenance for roads, ensuring long-term value and minimal upkeep. The majority of the lot area is usable, maximizing development potential. Don't miss this chance to secure a prime location in a rapidly expanding area.

    Property Features for 1236 Mullowney Ln

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5564524
    Latitude
    45.7465753

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    FAQs

    What type of property is this?
    Land - Prime 1-acre Commercial/Industrial Lots
    Where is this land located?
    The property is located at 1236 Mullowney Ln Billings, MT.
    What is the asking price?
    The asking price for this property is $550,000.
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    1236 Mullowney Ln 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
    1236 Mullowney Ln Billings, MT 59101
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