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    235 Moore Ln Billings, MT 59101

    For Sale
    $2,100,000

    17,377 SF Flex Space, $2.1M

    Property size:
    17,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 17,377-square-foot flex space property located at 235 Moore Ln, Billings, Montana, 59101. The property, built in 1980, sits on a substantial 52,098-square-foot lot and boasts a prime midtown location with excellent visibility. Zoned CX-Heavy Commercial, this two-story building offers significant versatility. Features include four overhead doors, a fully fenced and secured back lot providing ample graveled storage space with drive-through access, and a separate exterior storage building of approximately 2,088 square feet. The front lot is paved and provides convenient access to 20 shared parking spaces. Currently operating at 100% occupancy, the property generates a net annual rent of $55,080, making it an attractive owner-user opportunity with immediate income potential. The asking price is $2,100,000, translating to $120.85 per square foot. This property is a rare find, combining a desirable location, substantial space, and strong income generation in a thriving Montana market. The lease type is NNN, and the tenancy is multi.

    Property Features for 235 Moore Ln

    General Information

    Property type
    Flex space
    Square Feet
    17,377 SF

    Building Details

    Year Built
    1980
    Stories
    2

    HighLights

    • Great owner‑user opportunity with $55,080 annual net income.
    • Midtown Billings location with excellent visibility.
    • Zoned CX‑Heavy Commercial.
    • 17,377 SF flex space building.
    • 52,098 SF lot.
    • Four overhead doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paul Davis Restoration ... Water Damage Restoration Service Western Health Screening Non-Profit Organization Elcon Corporation Electrical Installation Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair 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
    -108.541644
    Latitude
    45.7647448

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    FAQs

    What type of property is this?
    Flex space - 17,377 SF Flex Space, $2.1M
    Where is this flex space located?
    The property is located at 235 Moore Ln Billings, MT.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Great owner-user opportunity with $55,080 annual net income.; Midtown Billings location with excellent visibility.; Zoned CX-Heavy Commercial.
    Request Owner's contact information
    235 Moore Ln 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
    235 Moore Ln Billings, MT 59101
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