Property profile

533 South 24Th St West Billings, MT 59102

FOR LEASE
Specialty properties
Property ID
US52-0098459
1,587 SF 0.67 ac lot Built 1972
Entity Owned
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Property summary

AI-generated overview

This exceptional retail property at 533 S 24th St W, Billings, MT 59102, offers 4,605 square feet of space in a prime location. Currently fully vacant, this property presents a unique opportunity for immediate occupancy. The building is situated on a 0.67-acre lot and features multiple suites, with a minimum divisible space of 2,217 square feet and a maximum contiguous space of 4,605 square feet. The property's zoning allows for flexibility in development and use. The building is categorized as Retail, Drive-thru, QSR, and Strip Center, making it suitable for a variety of businesses. The property is ideally located in Yellowstone County, offering excellent visibility and accessibility. Ground lease or build-to-suit options are available, providing potential tenants with significant flexibility in tailoring the space to their specific needs. The large 29,039 square foot lot provides ample space for expansion or additional development. This property represents a compelling investment opportunity in a thriving Montana market. Contact us today to learn more about this exceptional retail space and explore the possibilities.

Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1972
Construction WOOD
Total area 1,587 SF
Lot 0.67 ac (29,055 SF)
Zoning code R-70
APN 03-0927-07-3-06-44-0000
UPID US52-0098459

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
  • Veterinary Clinic

Location

533 South 24Th St West Billings, MT 59102
Billings metro Census 1702 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
$410k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
2011
Price N/A
2011
Price N/A
2002
Price N/A
1969
Price N/A

Zoning & alternative use

R-70 · 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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