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    OFF-MARKET
    Commercial real estate

    6005 Grand Ave, Billings, MT 59106

    9.34 ac lot
    Property ID
    US52-0109204
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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