832 Toy Storage St Billings, MT 59106
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.
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.