533 24th W St, Billings, MT 59102-6245
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-70 · Billings, MTBillings. Always verify with local authorities before improvements.
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.