844 Toy Storage St, Billings, MT 59106
This exceptional investment opportunity presents three Class A industrial units for sale in Billings, Montana, located at 844 E Toy Storage St, zip code 59106. Situated outside city limits in Yellowstone County, this multi-tenant building offers a total of 3,456 square feet, with each unit comprising 1,152 square feet. Currently, the building boasts 67% occupancy. Each unit features desirable amenities including gas forced-air heating, energy-efficient LED lighting, and a power overhead door for convenient access. Ample parking is provided directly in front of each unit. Shared community bathrooms are available for tenant use. The property is zoned for industrial use, specifically distribution and warehouse purposes, and is subject to a NNN lease type. The asking price for all three units is $126,720, representing approximately $110 per square foot. Prospective buyers have the option of purchasing individual units or the entire building. Importantly, the property is restricted from auto repair and cannabis-related businesses. This presents a strong investment opportunity in a desirable location with excellent features and potential for future growth. The single-story building offers a straightforward layout and easy access. This is an ideal opportunity for owner-users or investors seeking a stable, income-generating asset in the thriving Billings market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.