0 Workshop Ave Billings, MT 59106
This exceptional offering presents a unique investment opportunity in Billings, Montana. Fifteen industrial land parcels are available for sale, offering flexibility for various development needs. Lots 69 through 83 each encompass approximately 10,400 square feet, with dimensions of roughly 80 feet wide by 130 feet deep. Each of these lots is approved for the construction of a triplex shop building. Additionally, a larger parcel, Lot 9, totaling 24,203 square feet, is available and approved for six units. The land is priced at an attractive $5.00 per square foot, resulting in an asking price of $52,000 for the smaller lots. The property is located on N Workshop Ave in Yellowstone County, Montana, zip code 59106. These lots are ideally suited for a diverse range of uses, including automotive enthusiasts, woodworking and carpentry businesses, small businesses requiring storage and workspace, and homeowners needing secure storage for vehicles, boats, or recreational equipment. The opportunity exists to purchase individual lots or multiple lots to meet specific development requirements. This is a rare chance to acquire prime industrial land in a thriving Montana market. Don't miss this chance to secure your piece of Billings' industrial future.
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.