9442 Sanctuary Ests Dr #11, Billings, MT 59101
Warehouse condo unit featuring bathroom, insulation, heating, well, and septic.
- Added:
- Oct 13, 2023
- Days on Market:
- 998
- Last Refresh:
- May 12 at 9:47 pm
Property Features for 9442 Sanctuary Ests Dr #11
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 2023
Listing office NAI Business Properties (406) 294-6303
Listing date Oct 13, 2023
Source Crexi
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 NAI Business Properties
HighLights
- New construction completed in 2023
- Benefit from full insulation with liner panel, extending from walls to ceiling
- Heating provided by a gas forced air unit
- Includes a bathroom
- Equipped with a well and septic system
- Warehouse condo unit
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.5k | $16.80 |
| − Vacancy | −$4.2k | −$1.34 |
| EGI | $48.3k | $15.46 |
| − OpEx | −$18.1k | −$5.80 |
| NOI | $30.2k | $9.66 |
Alternative Uses
Current Use by Public Records
Map
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.352
- Latitude
- 45.6311
