Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1707 4Th Ave N Billings, MT 59101

    • Showrooms
    • 19,800 SF
    • 0.72 lot acres
    For Lease
    View listing
    $4,500 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US52-0071695
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • As Starter Alternator Specialists / Auto Repair Shop
    • First Class Auto Body & Restoration / Auto Body Shop
    • Intoxalock Ignition Interlock / Safety Equipment Supplier / Auto Electrical Service
    • Aqua Knife Precision Water Jet LLC / Water Jet Cutting Service / Machine Shop
    • HVAC Technology / Training Centre

    Property Details for 1707 4Th Ave N

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.72 lot acres
    Property size
    19,800 SF
    Zone code
    CI
    Property type
    Showrooms
    APN
    03-1033-33-4-20-01-0000
    APU
    3103333420010000

    Description

    This exceptional 19,800-square-foot industrial property, located at 1707 4th Ave N Unit D in Billings, Montana, presents a unique opportunity for businesses seeking a prominent presence in Yellowstone County. The single-tenant warehouse boasts a modern design and is situated on a spacious 31,500-square-foot lot. The building's layout is thoughtfully designed to maximize functionality, featuring a 1,000-square-foot showroom complete with a private office, perfectly suited for client interaction and administrative tasks. The remaining 3,800 square feet comprises a well-equipped shop/warehouse area, providing ample space for operations and storage. High ceilings and substantial power capacity cater to a variety of industrial needs. The property's central Billings location offers easy access to major transportation routes and a thriving business community, making it an ideal choice for contracting or service businesses serving the Billings area. This property is available for occupancy starting November 1, 2024. The property's zip code is 59101. The property type is classified as Industrial and Land, with a subtype of Warehouse and Commercial.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.495
    Latitude
    45.7914
    CBSA code
    13740
    CBSA name
    BILLINGS, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,940
    $0.00
    $0.00
    $1,275,800
    -
    $281,433
    $994,367
    $1,275,800

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      446 Trier Rd

      SHOW ROOM, WAREHOUSE • 4,000 SF
      446 Trier Rd, Billings, MT 59101
      View Details
    • Value Estimation by Request
      20,900 SF

      607 Par Montana Rd

      SHOW ROOM, WAREHOUSE • 20,900 SF
      607 Par Montana Rd, Billings, MT 59101-7394
      View Details
    • Value Estimation by Request
      192 SF

      Billings, MT 59101

      SHOW ROOM, WAREHOUSE • 192 SF
      Billings, MT 59101
      View Details
    • Value Estimation by Request
      5,202 SF

      Billings, MT 59101

      SHOW ROOM, WAREHOUSE • 5,202 SF
      Billings, MT 59101
      View Details
    • Value Estimation by Request
      7,964 SF

      Billings, MT 59101

      SHOW ROOM, WAREHOUSE • 7,964 SF
      Billings, MT 59101
      View Details
    • Value Estimation by Request
      1,344 SF

      308 11th St

      SHOW ROOM, WAREHOUSE • 1,344 SF
      308 11th St, Billings, MT 59101
      View Details

    Similar Nearby for Sale

    • $2,088,400
      18,538 SF

      Warehouse with Showroom and Office

      Well-maintained warehouse with showroom and office space in Billings.
      108 Moore Ln, Billings, MT 59101
      View Details
    • Contact for pricing
      0.68 Acres

      Becraft Lane Retail Pads - Billings, MT

      Lockwood Mixed-Use Development Land - Retail & Multifamily
      0 Becraft Ln, Billings, MT 59101
      View Details
    • $250,000
      12,231 SF

      Historical Mixed-Use Redevelopment Opportunity

      Historic property near downtown Billings with redevelopment potential.
      2712 Minnesota Ave, Billings, MT 59101
      View Details
    • $575,000
      15,000 SF

      Downtown Billings Redevelopment Opportunity

      Turn-of-the-century building in downtown Billings with redevelopment potential.
      2610 Montana Ave, Billings, MT 59101
      View Details
    • $5,464,910
      63 SF

      Downtown Billings Office Building

      Five-story office building in downtown Billings, ideal for various businesses.
      2929 3Rd Ave N Billings, Billings, MT 59101
      View Details
    • $355,000
      5 SF

      Retail/Warehouse Space on Montana Avenue

      Retail and warehouse space available in Billings, Montana.
      3407 Montana Ave, Billings, MT 59101
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      15,000 SF

      Versatile Office and Shop Space

      Office and shop space with showroom, offices, and heated warehouse.
      454 Moore Ln, Billings, MT 59101
      View Details
    • $18 SF/Yr
      6,474 SF

      Downtown Billings Retail Space

      High-traffic retail space near Billings Clinic.
      821 27Th St, Billings, MT 59101
      View Details
    • $10 SF/Yr
      16,044 SF

      Prime Commercial Space in Billings

      Highly desirable location with flexible layout for various businesses.
      2912 3Rd Ave North, Billings, MT 59101
      View Details
    • $8 SF/Yr
      1,200 SF

      Shop Space For Lease

      1,200 SF shop space available for lease.
      1270 Lockwood Rd, Billings, MT 59101
      View Details
    • $16 SF/Yr
      1,709 SF

      Refurbished Retail Space Available

      Historic retail space with modern amenities for lease.
      2802 Montana Ave, Billings, MT 59101
      View Details
    • $1,300 /Mo
      2,145 SF

      Downtown Billings Retail Space Available

      Retail space in downtown Billings with open floor plan.
      302 N 29Th St, Billings, MT 59101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1707 4Th Ave N
    Billings, MT 59101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.