0 Becraft Ln Billings, MT 59101
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.
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
Similar Nearby for Lease
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.