Property profile

2046 Grand Ave Billings, MT 59102

FOR SALE
Automotive properties
Property ID
US52-0050349
7,072 SF 0.3 ac lot Built 1971
Individually Owned 22-yr Hold
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Property summary

AI-generated overview

This exceptional opportunity presents the sale of Dana Motors, a well-established (54 years) automotive business and its accompanying real estate in Billings, Montana. The property boasts two buildings totaling 7,520 square feet situated on a 1.53-acre lot (66,732 sq ft) in a prime midtown location. The property enjoys excellent street frontage and high traffic counts exceeding 18,000 ADT. The buildings were constructed in 1988 and are zoned CMU1-Corridor Mixed Use 1. This is a turnkey operation with 100% occupancy under a NNN lease. The asking price is $2,650,000, translating to $352.39 per square foot. This sale includes both the thriving business and the valuable real estate, offering a unique investment opportunity for a buyer seeking a well-established enterprise with significant growth potential in a desirable location. The business has a strong reputation for customer service and quality, making it a highly attractive acquisition. The property's size and zoning provide flexibility for future expansion or adaptation. This is a rare chance to acquire a long-standing, successful business with substantial real estate assets in a thriving Montana market.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Construction WOOD
Total area 7,072 SF
Lot 0.3 ac (12,937 SF)
Zoning code CC
APN 03-0927-06-2-14-29-0000
UPID US52-0050349

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

2046 Grand Ave Billings, MT 59102
Billings metro Census 1100 BILLINGS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

since 2004
3 recorded transactions
2022
Price N/A
2017
Price N/A
2004
Price N/A

Zoning & alternative use

CC · Billings, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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