Technical
Financial
Distress signals
Property profile

0 Colton Blvd Billings, MT 59102

OFF-MARKET
Office Spaces
1.33 ac lot
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Property summary

AI-generated overview

This exceptional 1.329-acre commercial lot, located on a high-traffic street in Billings, Montana, presents a unique development opportunity. Situated in Yellowstone County, with a 59102 zip code, this property (Block 3, Lot 4) is ideally positioned for commercial ventures. The asking price is $926,260, translating to $16 per square foot. Final platting is anticipated for completion in February 2023. While Lots 2 and 3 are pending CMU1 zoning, Lot 4 is currently unzoned. Utilities are conveniently located on-site and stubbed in, as shown on the available map. This property offers significant potential for investors and developers seeking a strategic location in a thriving Billings market. The address is on Colton Blvd. Nearby developments include an ongoing multi-family project (Block 2) and another commercial lot for sale (Block 1, NX1/P1 zoning, see separate flyer). This is a rare opportunity to acquire a substantial parcel of land ready for development in a high-demand area.

Property profile

Verified
Property type Office Spaces
Lot 1.33 ac (57,891 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Colton Blvd Billings, MT 59102
Billings metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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