6508 Wagon Trl Billings, MT 59106
This exceptional Billings, Montana investment opportunity comprises six industrial units totaling 16,800 square feet, situated on a 1.064-acre lot. The property features two single-story, 8,400 square foot buildings constructed in 2014 with pre-engineered steel construction. Each building boasts three 12x14 overhead doors, three man doors, and a 16-foot ceiling height. The property is zoned UNZ and offers excellent visibility and accessibility in a thriving commercial area. Currently operating as a multi-tenant net lease investment with a 4.5% cap rate and a net operating income (NOI) of $117,116, this portfolio presents a strong return on investment. The asking price is $2,600,000, or $433,333.33 per unit, and $154.76 per square foot. This versatile space is suitable for various commercial uses, ensuring long-term value and flexibility. The address is 6508 Wagon Trail E, Billings, MT 59106.
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
Similar Nearby for Sale
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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.