1607 Venture Cir Billings, MT 59101
- Commercial land
- 5.17 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1607 Venture Cir
- Lot size
- 5.17 lot acres
- Property type
- Commercial land
- APN
- 03-1034-18-4-01-31-0000
- APU
- 3103418401310000
Description
This exceptional 5.17-acre parcel of land presents a compelling investment opportunity in Billings, Montana. Located at 1607 Venture Circle, this property boasts Heavy Industrial (I2) zoning, making it ideal for a variety of commercial and industrial uses. The land is conveniently situated near the Billings Bypass project, a multi-phase initiative slated for completion in 2026, which will significantly enhance connectivity to Lockwood, Billings Heights, and the I-90/I-94 interchange. This strategic location offers unparalleled access to major transportation routes, ensuring efficient logistics and distribution. Utilities, including gas and electricity, are already stubbed to the property, streamlining the development process. The asking price is $675,615, translating to a land value of $3 per square foot. The property's APN is C16724. While located in a Flood Zone AE (considered a "Base Flood" zone or a 100-year flood area with less than a 1% chance of annual flooding), this presents a manageable risk for many development projects. 2023 property taxes totaled $6,449.61. This shovel-ready site is poised for immediate development, offering significant potential for growth and return on investment. The property is easily accessible from Johnson Lane/Farley Lane, providing convenient access to the area's infrastructure. This is a rare opportunity to acquire a well-positioned industrial land parcel in a rapidly developing area of Billings.
Value Estimation
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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
- -108.408
- Latitude
- 45.8287
- CBSA code
- 13740
- CBSA name
- BILLINGS, MT METROPOLITAN STATISTICAL AREA
