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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

0 89Th St Billings, MT 59106

9,600 SF 0.4 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to lease brand-new, high-quality industrial space in a prime West End Billings location, just a few miles from high-density residential neighborhoods like Copper Ridge, Falcon Ridge, Ironwood, Foxtail, and Trails West. Situated on Lipp Rd, this property benefits from convenient access via the busy King Ave and Grand Ave thoroughfares. The 9,600 square foot building, constructed in 2023, sits on a 0.4-acre lot and features a single-story design with one building. The space is exceptionally versatile, suitable for warehouse, manufacturing, flex, refrigerated/cold storage, distribution, or R&D uses. The property boasts significant advantages, including no HOA restrictions, no zoning restrictions, and ample parking (20+ spaces). Each unit is meticulously designed for functionality, featuring 14-foot doors, 16-foot walls, 5-inch 6000 psi floors, private bathrooms, and three-phase power availability. The property is part of a high-end commercial subdivision with existing shops valued between $500,000 and $2.2 million, reflecting the exceptional quality and location. The current configuration is divisible into four 60x40 units, or can be leased as 60x80, 60x120, or the entire 60x160 space. A separate 40x80 steel shop is also available. The owner is open to customization to meet specific tenant needs, offering flexibility in lease terms and potential modifications to the space. This is a truly unique opportunity to secure exceptional industrial space in a rapidly developing area. Separate meters are provided for each unit. Paved roads ensure easy access and maneuverability.

Property profile
Verified
Property type Refrigerated & Cold Storage
Year built 2023
Total area 9,600 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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