1629 King W Ave, Billings, MT 59102-6448
This exceptional investment opportunity presents a substantial 252,715-square-foot distribution warehouse situated on a sprawling 24.592-acre lot in Billings, Montana. The property, located at 1629 King Ave W, features two buildings with a total of two stories, and is zoned for light industrial use. Built in 1979, the Class B facility boasts 28 loading docks and impressive ceiling heights ranging from 23 to 38 feet. The warehouse space is comprised of approximately 160,000 square feet of non-perishable storage, complemented by 60,000 square feet of cooler and freezer space, and over 20,000 square feet of office space, plus a shop area. The property includes extensive paved areas, exceeding 5.5 acres of asphalt and concrete, providing ample maneuvering space and potential for expansion. Furthermore, there are over 7 acres of additional land available for future development. The property is currently vacant, presenting a unique chance to customize the space to meet specific operational needs. The asking price is $14,300,000. The property's APN is D01367. This is a rare opportunity to acquire a large-scale distribution center with significant expansion potential in a prime Billings location.
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Supervalu Grocery & Convenience Store Distribution Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Billings, MTBillings. Always verify with local authorities before improvements.
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.