Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Distribution centers

    1629 King W Ave, Billings, MT 59102-6448

    248,179 SF 24.59 ac lot Built 1979
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US52-0056646
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1979
    Construction WOOD
    Total area 248,179 SF
    Lot 24.59 ac (1,071,228 SF)
    Zoning code CI
    APN 03-0927-07-4-05-01-0000
    UPID US52-0056646
    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
    Current use
    Occupant on record · Public records
    • Supervalu Grocery & Convenience Store Distribution Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Supervalu Wholesale Operations · 5 yrs held
    Supervalu Wholesale Operations
    since 2020
    5 recorded transactions
    2021
    2020
    2018
    2017
    2013
    Zoning & alternative use
    CI · Billings, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1629 King W Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message