0 Niehenke Ave Billings, MT 59101
This exceptional Class A industrial flex space, located at TBD Niehenke Ave in Billings, Montana, presents a unique investment opportunity. The 16,800-square-foot building, constructed in 2024, sits on a 1.505-acre lot within the Harnish Trade Center and is zoned I1-Light Industrial. The property boasts a spacious layout including 12,000 square feet of warehouse space, 2,400 square feet of main floor office space, and an additional 2,400 square feet of second-story office space. The warehouse features three dock-high doors and two 14-foot overhead doors, providing multiple access points for efficient loading and unloading. The 24-foot sidewall height maximizes storage and operational flexibility. The office areas feature a modern, neutral aesthetic. The exterior is constructed of low-maintenance steel. The property offers excellent access to I-90, a significant advantage for logistics and transportation. The asking price is $2,600,000, translating to $154.76 per square foot. The property is currently vacant and is easily divisible into two separate spaces. There is also the potential to purchase up to three additional acres of land. This property is ideal for businesses seeking a modern, efficient, and strategically located industrial facility in a thriving Montana market.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.