Current Use by Public Records
- Warehouses
Property Details for 12 Billings Mt
- Year built
- 2023
- Lot size
- 1.00 lot acres
- Property type
- Warehouses
- Property subtype
- Refrigerated & Cold Storage
Description
This exceptional industrial property, located on Lipp Rd in Yellowstone County, offers a rare opportunity to lease a high-quality, newly constructed shop space. The 9,600 square foot building, constructed in 2023, sits on one acre of land and features a single-story design with 30+ parking spaces. The building boasts a robust infrastructure, including 14-foot doors, 16-foot walls, and 5-inch, 6000 psi concrete floors, making it ideal for a variety of manufacturing, distribution, or R&D uses. The property is zoned unzoned, offering flexibility for various business operations. The building is part of a new commercial subdivision with paved roads and separate meters for each unit. Three-phase power is available. The space is currently configured as four 60x40 units, but can be leased as a 60x80, 60x120, or the entire 60x160 space. Additional customization options are available to meet specific tenant needs. The property's location offers convenient access to Billings' west end and Laurel, with proximity to major thoroughfares and high-density residential areas. The absence of HOA restrictions and the high-quality construction of this building, along with comparable sales ranging from $500,000 to $2.2 million, make this a truly unique opportunity. Plumbing and private bathrooms are included in each unit. The property also includes extra land for parking and storage.
Value Estimations
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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
- -108.744
- Latitude
- 45.7696
