8816 Royce Lee Ln, Billings, MT 59106
This exceptional build-to-suit opportunity presents four 2,400 sq ft industrial units totaling 9,600 sq ft on a half-acre lot in Billings, Montana. Located just five miles from the northwest Billings urban sprawl and near Laurel, this unzoned commercial property offers unparalleled flexibility. Each unit features 16-foot ceilings, private bathrooms, and plumbing, allowing for diverse uses including retail, storefront, and office space. The high-quality construction includes a 6-inch, 4,000 psi reinforced concrete slab, 14-foot overhead doors, and liner paneled interiors. Asphalt roads provide easy access, and three-phase power is available. Septic, propane, and cistern water systems are in place. Additional land is available for lease. The base price of $130 per square foot for a 60x160 shop is customizable, with options for different unit sizes. This is a rare opportunity to build your ideal commercial space in a thriving area with no zoning restrictions. A potential shared septic/drainfield SID or HOA may be established. Photos depict similar shops in the 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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.