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Property profile & analytics
OFF-MARKET
Retail space

3724 1st S Ave Billings, MT 59101-3601

1,792 SF 0.2 ac lot Built 1950
Entity Owned ~ Est. High Equity
Property ID
US52-0057690
Property summary
AI-generated overview

This 1,792-square-foot flex space, located at 3724 1st Ave S in Billings, Montana, presents a compelling owner-user opportunity. Priced at $298,000 ($166.29/sq ft), this vacant property offers a blend of office and warehouse space ideal for various businesses. The single-story, Class B building, constructed in 1950, sits on an 8,750-square-foot lot and is zoned CMU1-Corridor Mixed Use 1. Features include a newly installed steel roof (2023), two bays with 10'x10' overhead doors, floor drains in the warehouse area, washer/dryer hookups, and a new shop heater (2020). The interior boasts a welcoming reception/lobby area, two private offices, and two restrooms (non-ADA compliant). Ceiling heights vary, with 8 feet in the office and 12 feet in the warehouse. The property also benefits from a partially fenced yard and excellent visibility, providing ample outdoor space and convenient ingress/egress. The updated exterior features stucco and brick. This property is perfect for a small automotive shop, detailing business, or similar operation. The property's APN is A08809.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction WOOD
Total area 1,792 SF
Lot 0.2 ac (8,756 SF)
Zoning code R-60
APN 03-0927-03-3-23-06-0000
UPID US52-0057690
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mst Investments LLC
Mst Investments LLC
since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2012
Price N/A
2010
Price N/A
Zoning & alternative use
R-60 · Billings, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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