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3218 S Frontage Rd Billings, MT 59101

Distribution centers Google Maps
175,400 SF 22.83 ac lot Built 2023
Entity Owned 11-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US52-0095123

Property summary

AI-generated overview

This exceptional Class A industrial property, located at 3218-3226 S. Frontage Road in Billings, Montana, offers a total of 295,400 square feet of versatile space. The property sits on a substantial 23-acre lot and features a 32-foot clear ceiling height, ideal for various industrial uses including manufacturing, distribution, refrigerated/cold storage, warehousing, and research & development. Currently, 175,400 square feet is available, divisible into units as small as 10,800 square feet, with a maximum contiguous space of 175,400 square feet. The property boasts excellent access to Interstates 90 and 94, providing seamless transportation logistics. Ample parking and a large truck court further enhance its operational efficiency. The building incorporates an Early Suppression Fast Response (ESFR) sprinkler system, ensuring a high level of fire protection. This multi-tenant property is situated in Yellowstone County, Montana, and offers a prime location for businesses seeking a modern, efficient, and strategically located industrial space. The property's zoning allows for retail and office uses in addition to the industrial uses listed. This is a rare opportunity to secure a significant footprint in a thriving Montana market. Contact us today to learn more about leasing options.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2023
Construction STEEL FRAME
Total area 175,400 SF
Lot 22.83 ac (994,475 SF)
APN 03-0927-15-1-10-01-0000
UPID US52-0095123

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
  • Big Box & Wholesale Store Building Supply

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
by Request

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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