Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
