31st St Billings, MT 59102
This exceptional 30,796 square foot land parcel presents a prime commercial development opportunity in Billings, Montana's thriving business district. Located in the Gabel Road Commercial Center, Block 1, Lot 5 (APN A30258), this I1-Light Industrial zoned lot is priced at $513,266.67, or $16.67 per square foot. Its strategic location just north of the Shiloh Interchange on I-90 ensures high visibility and accessibility, with strong traffic counts and proximity to major transportation routes. The area boasts a mix of residential, industrial, entertainment, hotels, and professional businesses, including a newly built Costco. Utilities and fiber optic services are readily available. Thoughtfully designed building restrictions maintain a cohesive and aesthetically pleasing development. Billings' robust growth and high quality of life, including access to top-rated schools, modern shopping, and abundant outdoor recreation, make this a compelling investment. This property offers a solid foundation for a high-impact commercial development poised to thrive in Billings' expanding economy. The property is conveniently located on a main thoroughfare, providing excellent exposure and visibility.
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.