Warehouse with Overhead
9442 Sanctuary Estates #3 Drive, Billings, MT 59101
For Sale
$421,875
Billings, MT
Property Size3,125 SF
Price / SF$135
Days on Market59
Property Features for 9442 Sanctuary Estates #3 Drive
General Information
Property type
Property subtype
Subdivision
Standard status
Size
Amenities
Private ADA bathroom
Property insurance
Water
Sewer
Garbage
Snow removal
Landscaping
Management
Building Details
Year built
Listing Agency:
Engel & Volkers Billings · Engel & Völkers
(406) 206-0192
Listed By:
Callen Kleinhenz · License MT RRE-RBS-LIC-127073
Added: Sep 17
Changed: Oct 23
Last Checked: Nov 14 at 12:06AM
MLS# 361935
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,125-square-foot warehouse was built in 2023 and includes two 14' x 14' overhead doors. The building is fully insulated and has a GFA heater and a private ADA bathroom.
The HOA covers property insurance, water, sewer, garbage service, snow removal, landscaping and management.
The HOA covers property insurance, water, sewer, garbage service, snow removal, landscaping and management.
Key Highlights
- 3,125 square feet; built in 2023
- Two 14' x 14' overhead doors
- Fully insulated with a GFA heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,416
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,320
$408.3K
Cap Rate 7%
$291,657
$291.7K
Cap Rate 9%
$226,844
$226.8K
Market Conditions
NOI Build-Up for 3,125 SF
Gross rent
$26.3K $8.40/SF
− Vacancy
−$2.2K −$0.71/SF
EGI
$24.0K $7.69/SF
− OpEx
−$3.6K −$1.15/SF
NOI
$20.4K $6.53/SF
Area
Billings, MT
Vacancy
8.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,320
Cap Rate 7%
$291,657
Cap Rate 9%
$226,844
Alternative Uses
Best Use
Warehouse
$291.7K
$255.2K – $340.3K
NOI $20,416 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$681.9K
$596.6K – $795.5K
NOI $47,730 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59101, MT
41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Billings, MT
Properties on Market for Warehouses in Billings
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Urban Lifestyle 10, LLC / All-West Mini Storage — 9026 Kautzman Rd # 27, Billings, MT 59101
- All-West Mini Storage at Duck Creek Mobile Home Park — 9026 Kautzman Rd # 27, Billings, MT 59101
- Interstate Storage — 9440 S Frontage Rd, Billings, MT 59101
- Stagecoach Mini Storage & RV — 3450 Duck Creek Rd, Billings, MT 59101
Frequently Asked Questions
What type of property is this?
Warehouse - Insulation, GFA heat and a private ADA bathroom provide practical features for warehouse use.
Where is this warehouse located?
The property is located at 9442 Sanctuary Estates #3 Drive Billings, MT.
What is the asking price?
The asking price for this property is $421,875.
What are key features of this property?
This property features: 3,125 square feet; built in 2023; Two 14' x 14' overhead doors; Fully insulated with a GFA heater
