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4015 1st Ave S
Billings, MT 59101
Retail Property For Sale
Executive Summary
8,261 SF of Improvements that sits on a 42,500 SF Lot
Fenced Yard in a Light Industrial Zoning area
Year Built: 1946
Pro Forma NOI: $49,600
Pro Forma Cap Rate: 7.64%
1 Suite left for owner/user occupancy potential
Fenced Yard in a Light Industrial Zoning area
Year Built: 1946
Pro Forma NOI: $49,600
Pro Forma Cap Rate: 7.64%
1 Suite left for owner/user occupancy potential
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,372 SF
Building Class
C
Year Built
1946
Price
$589,000
Price Per SF
$70.35
Cap Rate
5.56%
NOI
$32,767
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.98 AC
Zoning
CI - Light Industrial
Property Taxes
| Parcel Number | 03-0927-04-4-09-11-0000 | Improvements Assessment | $191,473 |
| Land Assessment | $290,827 | Total Assessment | $482,300 |
Property Taxes
Parcel Number
03-0927-04-4-09-11-0000
Land Assessment
$290,827
Improvements Assessment
$191,473
Total Assessment
$482,300
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