0 Avenue Billings, MT 59102
This exceptional 1.96-acre commercial lot, situated on a high-traffic Billings street (Avenue E, 59102), presents a unique development opportunity. Currently designated as Lot 1 within a larger parcel (APN A36264), this property is priced at $1,280,664, reflecting a land value of $15 per square foot. The lot is part of a planned development with pending final platting expected to be completed in Fall 2023. Neighborhood Office zoning is pending for this specific lot. Utilities are conveniently located on-site and stubbed in, simplifying the development process. The property's strategic location within a dynamic area, coupled with its size and pending zoning, makes it ideal for a variety of commercial ventures. Nearby developments include an ongoing multi-family project, indicating a thriving and expanding neighborhood. This is an exceptional opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Billings, Montana. Serious inquiries are encouraged.
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
Similar Nearby for Lease
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.