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Property summary
Exceptional investment opportunity in Billings, Montana! This mixed-use property at 1812 Monad Rd features two buildings totaling 6,136 square feet on a 0.83-acre lot. The property is zoned I1-Light Industrial and boasts a strong rental history, currently 100% occupied with a lease generating $3,300 per month plus utilities. The asking price is $1,200,000, translating to $195.57 per square foot. Built in 1976 and extensively renovated in 2017, the property includes a 2,386 square foot office… building with five private offices, a reception area, kitchenette, and two bathrooms. The 3,750 square foot warehouse features modern amenities such as LED lighting, gas forced heat, three-phase power, a 14-foot overhead door, and 16-foot sidewall height. Ample parking and storage are provided in the asphalt yard. This NNN-leased, multi-tenant property presents a compelling investment opportunity with significant upside potential. The property is located in Yellowstone County, Montana, zip code 59102. This is a turnkey operation ideal for a passive income investor seeking a stable, high-occupancy asset in a growing market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,396 SF
- Lot area
- 0.84 ac
- Year built
- 1976
- Stories
- 1
- APN
- 03-0927-07-4-04-08-0000
- Zoning
- CI
- Assessed value · 2023
- $472,600
- Annual tax · 2023
- $5,905
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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