9442 Sanctuary Ests Dr Billings, MT 59101
This exceptional Class A industrial warehouse condo, located at 9442 Sanctuary Estates Dr #3 in Billings, Montana, presents a unique investment opportunity. Built in 2023, this 3,125 square-foot (50' x 62.5') unit is currently vacant and ready for immediate occupancy. The property boasts a 14' x 14' overhead door, providing convenient access for loading and unloading. Interior features include a walk-in door, a bathroom, and full insulation with liner panel walls and ceilings. Heating is provided by a gas forced air unit. The property sits on a 3.305-acre lot and is located outside city limits. Water, sewer, garbage, snow removal, landscaping, and property management are all included in the annual HOA fee of $1,833.93. The unit also features a well and septic system. This is a single-tenancy property with a permitted zoning designation of "Outside City Limits" and is priced at $441,280, or $141.21 per square foot. This represents a compelling opportunity for owner-occupancy or investment in a high-quality, newly constructed warehouse space in a desirable Billings location. The zip code is 59101, and the property is situated in Yellowstone County.
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.