8023 Workshop Ave Billings, MT 59106
This exceptional 6,000-square-foot industrial building, constructed in 2024, offers three 2,000-square-foot warehouse spaces for lease in Billings' Shop World industrial park, conveniently located near 80th St & King Ave W. Each unit boasts private restrooms, 14-foot overhead doors, and 16-foot sidewalls. The interior features insulated plywood walls, natural gas heaters, and excellent lighting. Shared fenced yard space is available for an additional monthly fee. Base rent ranges from $7.20 to $8.10 per square foot, with NNN charges of $1.80 per square foot. The property sits on a 0.668-acre lot and is zoned for use outside city limits. The building is classified as Class A and features a single story. This is an ideal location for small businesses requiring storage, manufacturing, or distribution space. The option to add a small office is also available. Contact us today to learn more about this outstanding opportunity.
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.
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.