0 Colton Blvd Billings, MT 59102
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.
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.
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.