5523 Abby Rd Billings, MT 59106
This exceptional Class A industrial property in Billings, Montana, offers 106,000 square feet of flexible space ideal for manufacturing or warehousing. Situated on a 6.86-acre lot, this single-story building boasts a 49-foot ceiling height, two loading docks with two dock-high doors, and is divided into three rentable units (25,000 SF, 27,600 SF, and 47,400 SF). Each unit features multiple overhead doors. A separate 8,496 square foot building with warehouse space, mezzanine, and showroom is included, currently leased until August 2024. The main building features 6-inch reinforced concrete flooring, pre-engineered steel construction, and a fully sprinklered system. Utilities include 480 3-phase power, gas heat, and well/septic systems. The property is unzoned and enjoys excellent access to I-90. The asking price is $13,000,000, or $122.64 per square foot. Rent bumps are tied to the CPI. The property is currently vacant with an occupancy date of May 6, 2024. The owner is open to offers. This owner/user investment opportunity presents a unique chance to acquire a substantial industrial property in a prime Billings location. The land value is approximately $3.75 per acre.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.