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    3497 Hesper Rd Billings, MT 59102

    Sponsored
    For Sale
    $2,141,573

    4.29 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.29-acre land parcel, located at 3497 Hesper Road in Billings, Montana, presents a prime commercial development opportunity. Zoned CX-Heavy Commercial (APN A29206), this property offers 186,901 square feet of buildable land priced at $2,141,573.96, or $11.46 per square foot. Situated within the Gabel Subdivision 2nd Filing, Block 1, Lot 4A-1A, the site benefits from its location in a premier Billings business and industrial park. The park boasts a robust technological infrastructure, including an on-campus commercial data center and a campus-wide fiber optic network, ensuring high-speed internet access. Beyond the technological advantages, the development features over 33 acres of common space with walking trails and water features. The property's convenient location offers proximity to amenities such as Costco, new hotels, and thriving commercial developments, enhancing its appeal and potential for future growth. Utilities are readily available, and cohesive building requirements ensure a visually appealing and functional development. This property represents a unique opportunity to capitalize on the growth and potential of Billings, Montana's thriving business environment.

    Property Features for 3497 Hesper Rd

    General Information

    Property type
    Land
    Lot Size
    186,872 SF

    HighLights

    • Gabel Subdivision 2nd Filing, Block 1, Lot 4A‑1A
    • 4.29‑acre parcel totaling 186,901 square feet
    • Asking price: $2,141,573.96 ($11.46/SF)
    • Located in Billings Premier Business Industrial Park
    • On‑site commercial data center with fiber optic network access
    • 33+ acres of common area with walking trails and water features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.60252502808
    Latitude
    45.740625160887

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    FAQs

    What type of property is this?
    Land - 4.29 Acres, Prime Development Site
    Where is this land located?
    The property is located at 3497 Hesper Rd Billings, MT.
    What is the asking price?
    The asking price for this property is $2,141,573.
    What are key features of this property?
    This property features: Gabel Subdivision 2nd Filing, Block 1, Lot 4A-1A; 4.29-acre parcel totaling 186,901 square feet; Asking price: $2,141,573.96 ($11.46/SF)
    Request Owner's contact information
    3497 Hesper Rd Billings, MT 59102
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    Billings, MT 59102
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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
    3497 Hesper Rd Billings, MT 59102
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