4449 Central Ave Billings, MT 59106
This exceptional 59-acre agricultural land parcel presents a remarkable development opportunity in Billings, Montana's rapidly growing Westend. Priced at $5,349,330, this property offers significant potential for a vibrant residential subdivision, potentially incorporating commercial spaces along Central Avenue. The expansive acreage allows for creative and versatile development concepts. Note that approximately one acre with two existing residential homes is excluded from the sale. The property's strategic location provides convenient access to city services, and the city's 2024/2025 Capital Improvement Plan includes budgeting for water and sewer extension to 44th Street West, enhancing the development potential. This high-demand area ensures strong investment value, making this a lucrative opportunity for developers and investors seeking to capitalize on the burgeoning housing and commercial needs of Billings. The land's size and layout offer ample room for innovative projects, promising a significant return on investment. This is a chance to shape the future of this thriving community. The property is located at 4449 Central Ave, Billings, MT 59106.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.