Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    711 Lohwest Ln Billings, MT 59106

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    711 Lohwest Ln Billings, MT 59106

    View on Map
    • Flex space
    • 6,240 SF
    For Sale
    $2,163
    View Listing →
    Billings Industrial Warehouse For Lease For Sale
    $2,163

    Billings Industrial Warehouse For Lease

    Clean Warehouse, Fenced Yard, Great Access

    711 Lohwest Ln, Billings, MT 59106
    View Listing
    Property ID
    US52-0098174
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 711 Lohwest Ln

    Year built
    2013
    Property size
    6,240 SF
    Property type
    Flex space
    Property subtype
    Distribution centers

    Description

    This Class A, 6,240-square-foot industrial warehouse in Billings, Montana, offers a single-tenant occupancy opportunity. Built in 2013, the property features 3,220 square feet of vacant space, a 16,422-square-foot lot, and a 16-19 foot ceiling height. Access is convenient via King Avenue West in the EEC Industrial Park, between 64th and 72nd Street West. The building includes two drive-in doors and offers a shared-use bathroom. Additional features include a fenced yard (minimum 7,337+ sq ft, with restricted use), a 2,200-gallon cistern, and proximity to three-phase power. Optional add-ons include approximately 400 square feet of vault space with a kitchenette and 200 square feet of loft space with a full kitchen. The property is zoned "Other" and has a Yellowstone County APN of C16502X. Four parking spaces are available. The building has one story.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.68920574399
    Latitude
    45.756848794956

    Comparable in this City

    • Contact for pricing

      New Construction Shop Space

      New 3,600 SF shop space for lease.
      8033 S Workshop Ave, Billings, MT 59106
      View Details
    • $13 SF/Yr
      9,600 SF

      Billings Warehouse with I-90 Visibility

      9,600 SF warehouse with dock-high access and I-90 visibility.
      4290 Neibauer Rd, Billings, MT 59106
      View Details
    • Contact for pricing

      New Office/Warehouse Units Available

      New construction office/warehouse units available for lease.
      707 Wagon Trl E, Billings, MT 59106
      View Details
    • $8 SF/Yr

      Functional Warehouse Space For Rent

      Versatile warehouse space ideal for contractors, trades, or storage.
      3475 A J Way, Billings, MT 59106
      View Details
    • $3,600 /Mo

      Versatile Warehouse Space for Lease

      3,408 SF warehouse with high ceilings and ample parking.
      8322 N Workshop Ave, Billings, MT 59106
      View Details
    • Contact for pricing

      Shop World Condos Flex Space

      Flex space units with garage door and modern amenities.
      8122 Stillwater Dr, Billings, MT 59106
      View Details

    Similar Nearby for Sale

    • $520,000
      3,000 SF

      Pureview Lane Live/Work Condo

      Billings, MT flex space investment.
      3220 Pureview Ln, Billings, MT 59106
      View Details
    • $439,000
      3,264 SF

      Billings Warehouse - $439,000

      New warehouse, ideal owner/user. Two baths, two kitchens.
      6936 All Terrain Ave, Billings, MT 59106
      View Details
    • $126,720
      1,152 SF

      Billings Industrial Units - 3 Available

      Three Industrial Units, Billings, MT - Investment Opportunity
      844 Toy Storage St, Billings, MT 59106
      View Details
    • $899,900
      5,225 SF

      New Construction Shop/Warehouse with Residence

      New construction shop/warehouse with office/apartment for sale or lease.
      3760 S 56Th St W, Billings, MT 59106
      View Details
    • Contact for pricing
      3,480 SF

      Office/Warehouse Space For Sale

      Versatile office and warehouse space with secure storage.
      707 Wagon Trail Ln E - NNN LEASE LISTING, Billings, MT 59106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Construction Shop Space

      New 3,600 SF shop space for lease.
      8033 S Workshop Ave, Billings, MT 59106
      View Details
    • $3,600 /Mo

      Versatile Warehouse Space for Lease

      3,408 SF warehouse with high ceilings and ample parking.
      8322 N Workshop Ave, Billings, MT 59106
      View Details
    • Contact for pricing

      Shop World Condos Flex Space

      Flex space units with garage door and modern amenities.
      8122 Stillwater Dr, Billings, MT 59106
      View Details
    • $1,950 /Mo

      Warehouse Condo with Office Space

      2,375 SF warehouse condo with office mezzanine for lease.
      706 Black Hawk St, Billings, MT 59106
      View Details
    • $13 SF/Yr
      9,600 SF

      Billings Warehouse with I-90 Visibility

      9,600 SF warehouse with dock-high access and I-90 visibility.
      4290 Neibauer Rd, Billings, MT 59106
      View Details
    • $8 SF/Yr

      Functional Warehouse Space For Rent

      Versatile warehouse space ideal for contractors, trades, or storage.
      3475 A J Way, Billings, MT 59106
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 Lohwest Ln
    Billings, MT 59106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!