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Property profile & analytics
OFF-MARKET
Land

0 Becraft Ln Billings, MT 59101

0.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents prime commercial land in Billings, Montana's thriving Lockwood area. The property, located on Becraft Lane, offers a range of lot sizes, from 0.68 to 11.48 acres, ideal for various retail developments. The land is zoned for mixed-use development, currently pending final approval. Four distinct retail pad sites are available, along with one larger site suitable for a retail anchor tenant. This development is strategically positioned adjacent to a planned multifamily project, ensuring a robust customer base and synergistic growth potential. The land value ranges from $3.50 to $5.50 per square foot, reflecting the exceptional location and development potential. This is a rare chance to secure a prominent position in a rapidly expanding area, offering significant returns for investors seeking a high-growth retail investment. The property's location in Lockwood provides easy access to major transportation routes and a growing residential population. The mixed-use nature of the development promises a vibrant and dynamic environment, attracting both businesses and residents. This is an unparalleled opportunity to capitalize on the burgeoning commercial real estate market in Billings, Montana. Contact us today to learn more about this exciting investment prospect and secure your place in this thriving community.

Property profile
Verified
Property type Land
Lot 0.68 ac (29,621 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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