84 Homewood Park Dr, Billings, MT 59106
This exceptional 5,800-square-foot Class A warehouse, situated on a meticulously leveled 5.99-acre lot in Billings, Montana, presents a unique investment opportunity. The property boasts new construction, never before occupied, offering a pristine space for immediate occupancy. The expansive lot provides ample outdoor storage, perfectly suited for semi-trucks or heavy equipment, and is completely fenced for enhanced security. The warehouse features four 14-foot overhead doors, ensuring easy access for large vehicles and equipment. Inside, the space includes two bathrooms and is equipped with efficient shop heaters and LED lighting. The landlord is open to customizing the space to meet specific tenant needs, including the potential addition of office space. Located outside city limits and unzoned, this property offers flexibility and significant potential. The monthly lease rate is $7,555, plus utilities. This is an unparalleled opportunity to secure a high-quality industrial space with extensive outdoor yard space in a prime Billings location. The address is 84 S Homewood Park Dr, Billings, MT 59106.
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
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.