Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3417 Transtech Way Billings, MT 59102
    Back to Search
    Property profile & analytics

    3417 Transtech Way Billings, MT 59102

    View on Map
    • Commercial land
    For Sale
    $856,067
    View Listing →
    Prime Lot in Transtech Center For Sale
    $856,067

    Prime Lot in Transtech Center

    High-tech business park lot with strong fiber optic network.

    3417 Transtech Way, Billings, MT 59102
    View Listing
    Property ID
    US52-0928511
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 3417 Transtech Way

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    This prime lot sits in the heart of the Transtech Center—Billings’ top high-tech business park—just off the Shiloh Interchange. It’s right next to Employer Flexible, backs up to a peaceful pond and walking trail system, and is within walking distance to The Windmill and Bar 51. With a strong fiber optic network, on-site data center, and fast, reliable internet, Transtech is built for businesses that depend on speed and connectivity. A mix of tech, design, and healthcare companies already call this area home. The setting combines business-ready infrastructure with lifestyle perks—walking trails, nearby restaurants, and quick access to all Billings has to offer. Discover more at https://transtechcenter.com

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.6012219
    Latitude
    45.7458279

    Comparable in this City

    • Contact for pricing

      Billings Commercial Land For Sale

      Commercial land in high-tech business park with high visibility.
      Tbd Gabel Rd Billings Mt, Billings, MT 59102
      View Details
    • Contact for pricing

      Prime Commercial Lot in Billings

      1.93-acre lot in a growing commercial hub.
      3554 Gabel Rd, Billings, MT 59102
      View Details
    • Contact for pricing

      Transtech Wy, Billings, MT 59102

      Commercial land
      Transtech Way, Billings, MT 59102
      View Details
    • $500,000

      West End Retail/Office Land

      High-traffic location suitable for retail, office, or QSR development.
      3611 Mount Rushmore Ave, Billings, MT 59102
      View Details
    • $621,600

      Ready-to-Build Commercial Land Parcel

      Commercial land parcel ready for development with utilities on site.
      3549 Gabel Rd, Billings, MT 59102
      View Details
    • Contact for pricing

      Premier Billings Commercial Development Opportunity

      7.02-acre parcel in Billings Premier Business Industrial Park.
      3206 Conrad Rd, Billings, MT 59102
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Billings Commercial Land For Sale

      Commercial land in high-tech business park with high visibility.
      Tbd Gabel Rd Billings Mt, Billings, MT 59102
      View Details
    • Contact for pricing

      Prime Commercial Lot in Billings

      1.93-acre lot in a growing commercial hub.
      3554 Gabel Rd, Billings, MT 59102
      View Details
    • Contact for pricing

      Transtech Wy, Billings, MT 59102

      Commercial land
      Transtech Way, Billings, MT 59102
      View Details
    • $500,000

      West End Retail/Office Land

      High-traffic location suitable for retail, office, or QSR development.
      3611 Mount Rushmore Ave, Billings, MT 59102
      View Details
    • $621,600

      Ready-to-Build Commercial Land Parcel

      Commercial land parcel ready for development with utilities on site.
      3549 Gabel Rd, Billings, MT 59102
      View Details
    • Contact for pricing

      Premier Billings Commercial Development Opportunity

      7.02-acre parcel in Billings Premier Business Industrial Park.
      3206 Conrad Rd, Billings, MT 59102
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      29,000 SF

      Prime Billings Office Space

      Class A Office, 9,963 SF Available
      2075 Overland Ave, Billings, MT 59102
      View Details
    • $515 /Mo
      340 SF

      West End Billings landmark office complex with multiple separate office suites

      West End Billings landmark office complex with multiple separate office suites
      2108 Broadwater Ave Ste 100A, Billings, MT 59102
      View Details
    • $2,352 /Mo
      1,245 SF

      Recently Remodeled Class A Office Space For Lease

      Recently Remodeled Class A Office Space For Lease
      3429 Central Ave Ste A, Billings, MT 59102
      View Details
    • Contact for pricing

      Billings Office, Industrial, Cold Storage

      Versatile commercial property with office, warehouse, and cold storage.
      751 S 18Th St W, Billings, MT 59102
      View Details
    • Contact for pricing

      Retail Spaces in Shiloh Crossing

      Prime retail spaces available in Billings, Montana, near Shiloh Crossing.
      1312 Shiloh Crossing Blvd, Billings, MT 59102
      View Details
    • Contact for pricing

      Grand Avenue Office Suite

      Upper-level office suite with excellent visibility and access.
      2526 Grand Ave, Billings, MT 59102
      View Details
    View Listing
    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.
    3417 Transtech Way
    Billings, MT 59102
    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

    Thank You for Inquiry
    3417 Transtech Way, Billings, MT, 59102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!