Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5782 Danford Rd Billings, MT 59106

    • Land
    • 1.85 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5782 Danford Rd

    Lot size
    1.85 lot acres
    Property type
    Land

    Description

    This exceptional 1.85-acre commercial lot (Lot 24), located in the Southern Sky Estates subdivision in Billings, Montana, presents a unique opportunity for business development. Situated near the intersection of S 56th St W and Danford Rd on Billings' West End, this unzoned property offers unparalleled convenience and accessibility. Just minutes from S Frontage Rd and I-90, this location provides easy access to major transportation routes. The land is priced at $279,000, translating to a land value of $3.53 per square foot. The property's APN is C18669. Southern Sky Estates is a new subdivision characterized by its quiet yet accessible location, making it ideal for businesses seeking a peaceful yet strategically positioned setting. This lot allows for the construction of a substantial shop or office building, with ample space remaining for additional features such as a gravel storage yard. All utilities, including power, gas, and communications, are available at the site. This presents a chance to establish your business within a thriving community of entrepreneurs and hobbyists. Don't miss this chance to build your dream business in this desirable Billings location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.665
    Latitude
    45.7116

    Comparable in this City

    • Value Estimation by Request
      1,152 SF

      8122 Stillwater Dr

      Land • 1,152 SF
      8122 Stillwater Dr, Billings, MT 59106
      View Details
    • Value Estimation by Request

      1780 Shiloh Rd

      Lifestyle centers
      1780 Shiloh Rd, Billings, MT 59106
      View Details
    • Value Estimation by Request
      1.81 Acres

      Danford Rd

      Land • 1.81 Acres
      0 Danford Rd, Billings, MT 59106
      View Details
    • Value Estimation by Request
      10.00 Acres

      6419 Olive Br Way

      Land • 10.00 Acres
      6419 Olive Br Way, Billings, MT 59106
      View Details
    • Value Estimation by Request

      5001 Mt Hwy

      Manufacturing properties
      5001 Mt Hwy, Billings, MT 59106
      View Details
    • Value Estimation by Request
      2,000 SF

      8023 Workshop Ave

      Distribution properties • 2,000 SF
      8023 Workshop Ave, Billings, MT 59106
      View Details

    Similar Nearby for Sale

    • $750,000
      2.14 Acres

      Billings Commercial Land - 2.138 Acres

      Prime Westend Billings development site. Excellent access & location.
      0 Montana Sapphire Dr, Billings, MT 59106
      View Details
    • $816,459
      137.22 Acres

      Montana Land: 137 Acres, Mixed Use

      Prime West End acreage, development potential.
      151 Homewood Park Dr, Billings, MT 59106
      View Details
    • $1,449,450
      1.33 Acres

      Shiloh Road Development Opportunity

      1.33-acre commercial lot, prime Billings location.
      495 Henry Chapple St, Billings, MT 59106
      View Details
    • $810,750
      3,525 SF

      2526 Shiloh Rd

      Land • 3,525 SF
      2526 Shiloh Rd, Billings, MT 59106
      View Details
    • $650,000
      10.00 Acres

      Billings Commercial Land - 10 Acres

      Irrigated 10-acre commercial lot, Billings, MT
      6419 Olive Br, Billings, MT 59106
      View Details
    • Contact for pricing
      1.00 Acre

      Canyon Creek Retail Center Investment

      West Billings Retail Land, I-90 Access
      0 Shiloh Rd I-90 & Zoo Dr, Billings, MT 59106
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr

      Shiloh Road Executive Office Suite

      695 sq ft Office Space for Lease in Billings, MT
      1780 Shiloh Rd, Billings, MT 59106
      View Details
    • Contact for pricing
      2,400 SF

      Billings Executive Office Suite

      Modern, furnished office space for lease.
      1575 Shiloh Rd, Billings, MT 59106
      View Details
    • Contact for pricing
      5,400 SF

      Albertsons Anchored Pad Locations

      Pad sites available in expanding West Billings near new Albertsons.
      5317 Grand Ave, Billings, MT 59106
      View Details
    • $10 SF/Yr
      2,400 SF

      Industrial Space with Office

      Industrial space featuring finished office, restroom, and high overhead doors.
      5229 King Ave W, Billings, MT 59106
      View Details
    • $24 SF/Yr
      1,109 SF

      Prime Billings Retail Storefront

      1,109 SF, Shiloh Road, High Traffic
      4010 Montana Sapphire Dr, Billings, MT 59106
      View Details
    • $13 SF/Yr
      2,844 SF

      Billings Flex Space For Rent

      2,784 SF flex space with shop and office areas.
      3220 Pureview Ln, Billings, MT 59106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5782 Danford Rd
    Billings, MT 59106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.