New-Construction Warehouse with Overhead
9442 Sanctuary Estates #10, Billings, MT 59101
For Sale
$632,745
Insulated warehouse space with a private ADA bathroom, common parking, and access to shared pickleball courts.
Property Size3,125 SF
Price / SF$202.48
Days on Market58
Property Features for 9442 Sanctuary Estates #10
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Garage: Common,Parking Lot
0.00
Common,Parking Lot
Building Details
Year Built
Listing Agency:
Engel & Voelkers
Listed By:
Callen Kleinhenz · License MT RRE-RBS-LIC-127073
(406) 425-8147
Source:
Clearwaterproperties
Added: Sep 18
Changed: Nov 12
Last Checked: Nov 12 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Voelkers
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Investment Insights
Based on property information with market context.
Built in 2023, this warehouse property offers an insulated interior, three 14' x 14' overhead doors, a GFA heater, and a private ADA bathroom. The configuration provides practical access for commercial storage, service, or industrial operations, subject to applicable requirements.
The property is located at 9442 Sanctuary Estates #10 in Billings, positioned between Billings and Laurel with access to both communities. Common-area features include parking and two pickleball courts. The HOA covers property insurance, water, sewer, garbage, snow removal, landscaping, and management, supporting a managed ownership structure.
The property is located at 9442 Sanctuary Estates #10 in Billings, positioned between Billings and Laurel with access to both communities. Common-area features include parking and two pickleball courts. The HOA covers property insurance, water, sewer, garbage, snow removal, landscaping, and management, supporting a managed ownership structure.
Key Highlights
- Three 14' x 14' overhead doors
- 2023 construction with fully insulated interior
- Private ADA bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,399
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,980
$488.0K
Cap Rate 7%
$348,557
$348.6K
Cap Rate 9%
$271,100
$271.1K
Market Conditions
NOI Build-Up for 3,125 SF
Gross rent
$41.3K $13.20/SF
− Vacancy
−$3.7K −$1.19/SF
EGI
$37.5K $12.01/SF
− OpEx
−$13.1K −$4.20/SF
NOI
$24.4K $7.81/SF
Area
Billings, MT
Vacancy
9.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,980
Cap Rate 7%
$348,557
Cap Rate 9%
$271,100
Alternative Uses
Best Use
Flex RnD
$348.6K
$305.0K – $406.7K
NOI $24,399 @ 7.0% cap · market cap 3.86%
Second Best
Warehouse
$291.7K
$255.2K – $340.3K
NOI $20,416 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$681.9K
$596.6K – $795.5K
NOI $47,730 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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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
$243,000
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Billings, MT
Properties on Market for Warehouses in Billings
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated warehouse space with a private ADA bathroom, common parking, and access to shared pickleball courts.
Where is this warehouse located?
The property is located at 9442 Sanctuary Estates #10 Billings, MT.
What is the asking price?
The asking price for this property is $632,745.
What are key features of this property?
This property features: Three 14' x 14' overhead doors; 2023 construction with fully insulated interior; Private ADA bathroom
