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Property profile & analytics
OFF-MARKET
Showrooms

1420 Minnesota Ave Billings, MT 59101-2639

27,776 SF 3.13 ac lot Built 1971
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US52-0955174
Property summary
AI-generated overview

This exceptional industrial property, located at 1420 Minnesota Ave in Billings, Montana, offers 17,406 square feet of versatile warehouse space, perfect for a variety of businesses. The building, constructed in 1971 and extensively renovated in 2023, boasts a Class B rating and sits on a generous 3.12-acre lot. The property features two stories, two dock-high doors, and one loading dock, providing efficient loading and unloading capabilities. Zoned I2-Heavy Industrial, this space is ideal for distribution, manufacturing, or flex operations. The minimum divisible space is 17,406 square feet, with a maximum contiguous space of the same size. The entire building totals 28,265 square feet and is comprised of two suites. The property benefits from a 265-foot frontage on Minnesota Avenue, ensuring high visibility and accessibility. While elevators are not present, the building's design and layout are well-suited for efficient material handling. Note that this property has an exclusion for seed/agriculture businesses. The property is also available for purchase for $4,000,000. Located in Yellowstone County, Montana, with a zip code of 59101, this property presents a significant opportunity for businesses seeking a strategic location in a thriving community. The property's ample space, convenient features, and prime location make it an attractive option for businesses seeking to establish or expand their operations in Billings.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1971
Construction STEEL FRAME
Total area 27,776 SF
Lot 3.13 ac (136,256 SF)
Zoning code HI IN CITY
APN 03-1033-34-3-07-10-0000
UPID US52-0955174
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Martin Real Estate Holdings LLC · 3 yrs held
Martin Real Estate Holdings LLC
since 2023
7 recorded transactions
2024
Price N/A
2023
Price N/A
2017
Price N/A
2011
Price N/A
2004
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
HI IN CITY · Billings, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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