0 Billings Mt Molt, MT 59106
This exceptional industrial property in Billings, Montana, offers 9,600 square feet of versatile space across two single-story buildings on a 0.3-acre lot. Located at Lipp Rd & S 89th St W (near 89th St W), this unzoned property boasts convenient access to major thoroughfares and is only a few miles from high-density residential areas. Built in 2023, the property features 10+ parking spaces, paved roads, and separate meters. Each shop includes private bathrooms and plumbing, with 14-foot, 5" 6000 psi doors. Single-phase power is currently installed, with three-phase power readily available. The flexible layout allows for customization, with options ranging from 60x40 to 60x160 square foot units, or a separate 40x80 steel shop. The property is situated in Yellowstone County, offering the rare advantage of no restrictions or HOA fees. This presents a unique opportunity for businesses seeking high-quality, adaptable space in a prime location with excellent access to residential areas and major roadways. The property is ideal for manufacturing, warehousing, flex space, or distribution needs. Similar shops in this new commercial subdivision have sold for $500,000 to $2.2 million.
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.