832 Toy Storage St Billings, MT 59106
- Warehouses
- 768 SF
Current Use by Public Records
- Warehouses
Property Details for 832 Toy Storage St
- Property size
- 768 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity in Billings, Montana, featuring a portfolio of four industrial buildings totaling 14,144 square feet. This multi-tenant property boasts a 67% occupancy rate and is situated outside city limits in Yellowstone County, offering significant potential for growth. The portfolio includes three nearly identical buildings located at 832, 834, and 844 E Toy Storage Ln, each spanning 3,456 square feet on a 10,400-10,408 square foot lot, and featuring three individual units within each building. These buildings are priced at $312,000 each ($90 per square foot). A fourth, smaller standalone building at 8015 N Workshop Ln, encompassing 768 square feet on a 17,860 square foot lot, is available for $109,000 ($141 per square foot). All buildings are equipped with gas forced air heat, LED lighting, power overhead doors, and ample parking. Community bathrooms are provided. The property is zoned to exclude auto repair and cannabis businesses. The asking price for the entire portfolio is $1,045,000. Individual building purchases are also possible. This is a rare opportunity to acquire a well-maintained, multi-building industrial portfolio in a desirable location. The NNN lease structure minimizes landlord responsibilities, making this an attractive investment for both seasoned and new investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.73
- Latitude
- 45.755
