6508 Wagon Trl Billings, MT 59106
- Warehouses
- 16,800 SF
- 1.06 lot acres
Current Use by Public Records
- Warehouses
Property Details for 6508 Wagon Trl
- Year built
- 2014
- Lot size
- 1.06 lot acres
- Property size
- 16,800 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.684
- Latitude
- 45.7551
