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8816 Royce Lee Ln Billings, MT 59106

OFF-MARKET Warehouses Google Maps
9,600 SF 0.5 ac lot Built 2024
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 9,600 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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