4010 Montana Sapphire DrBillings, MT 59106

  • Retail properties
  • 10,390 SF
For Lease
$24/SF/YR View listing

Property Details for 4010 Montana Sapphire Dr

Year built
2016
Construction
WOOD
Lot size
1.94 AC
Property size (Sq ft)
10,390 SF
Property type
Retail properties
Property subtype
Retail space
APN
03-0926-15-1-80-84-0000
APU
3092615180840000

Description

This exceptional 1,109-square-foot Class A retail storefront, located at 4010 Montana Sapphire Drive in Billings, Montana, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Situated on a 1.94-acre lot, this single-tenant space boasts a prime location within the Shiloh Road Corridor, a thriving retail submarket in Billings West End. Built in 2016, the property is in excellent condition and offers a modern, clean aesthetic. The building features one story and no elevators. The zoning designation is CMU1-Corridor Mixed Use 1, allowing for a variety of commercial uses. The property's address is 4010 Montana Sapphire Drive, Billings, MT 59106, with a convenient cross street of Shiloh Road. Its APN is A34623. The entire 1,109 square feet is currently vacant, providing immediate occupancy for a new tenant. Benefit from the high traffic counts and established retail presence along Shiloh Road, ensuring significant exposure for your business. This property offers an unparalleled opportunity to establish or expand your retail presence in a dynamic and rapidly growing area of Billings. The property's location provides easy access for customers and employees alike. Don't miss this chance to secure a prime retail space in a high-demand location.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,392,104
    6.5%
    $3,131,173
    7%
    $2,907,518
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,622,432
    Geo Method
    $2,163,223
  • Alternative Use

    Use
    Valuation
    Residential
    $2,641,262
    Hospitality
    $2,419,381
    Educational
    $2,012,897
    Medical
    $2,082,123
    Retail
    $3,131,173
4010 Montana Sapphire Dr, Billings, Montana

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7509
Longitude
-108.619
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,263
-
-
$2,341,500
-
$1,461,336
$880,164
$2,341,500

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