Property profile

6005 Grand Ave Billings, MT 59106

OFF-MARKET
Land
Property ID
US52-0109204
9.34 ac lot
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Property summary

AI-generated overview

This exceptional 9.34-acre parcel presents a remarkable opportunity for residential development in Billings, Montana. Strategically located on Grand Avenue, this level lot boasts excellent visibility and accessibility, making it ideal for a variety of housing projects. The property is zoned RR3-Rural-Residential, offering flexibility for diverse housing types, from single-family homes to townhouses or a gated community. All essential utilities—water, sewer, electricity, and natural gas—are readily accessible. Beyond the practical advantages, the land offers breathtaking views of the surrounding Montana landscape. Its prime location provides convenient access to schools, parks, shopping centers, recreational facilities, Billings Logan International Airport, healthcare facilities, universities, and cultural attractions. The strong economic growth and high demand for housing in Billings make this a compelling investment opportunity for developers seeking to capitalize on the booming real estate market. This property offers the chance to create a thriving residential community in a desirable location, shaping the future of residential living in Billings. The asking price is $1,100,000.

Property profile

Verified
Property type Land
Lot 9.34 ac (406,850 SF)
UPID US52-0109204

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6005 Grand Ave Billings, MT 59106
Billings metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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