134 Regal StBillings, MT 59101

Property Details for 134 Regal St

Year built

1971

Construction

WOOD

Lot size

1.38 AC

Property size (Sq ft)

28,628 SF

Zone code

CI

Property type

Other commercial real estate

Property subtype

Showrooms

APN

03-0927-08-2-19-06-0000

APU

3092708219060000

Description

This exceptional Billings, Montana industrial property at 134 Regal St, zip code 59101, offers a unique opportunity for businesses seeking flexible warehouse or commercial space. The property features multiple suites within a single building, ideal for a variety of uses. Three warehouse suites are available, each offering ample space and varying configurations. Suite A measures 27ft x 60ft, Suite B is 30ft x 40ft, and Suite C, which includes an auto delay bay, is also 30ft x 40ft. All warehouse suites are priced at $10.00 per square foot. Shared amenities include a break room and bathroom, along with open parking and shared access. The property also includes a separate office suite, perfect for administrative needs, available for $500 per month. This office space offers exterior facing exposure and convenient access to the warehouse suites. The warehouse features 9-foot high overhead doors at the south entrance. Leases are for 12 months, and utilities are prorated based on the leased square footage. There are no NNN charges. This property is classified as Industrial, Land, with subtypes of Warehouse, Flex, and Commercial. The property is conveniently located in Billings, MT, offering easy access to major transportation routes. Contact us today to schedule a viewing and secure your ideal space.

• CAP approach

  CAP return

  Valuation

  6%

  $9,346,409

  6.5%

  $8,627,455

  7%

  $8,011,208

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,247,072

  Geo Method

  $5,960,418

• Alternative Use

  Use

  Valuation

  Residential

  $7,277,581

  Hospitality

  $6,666,225

  Educational

  $5,546,221

  Medical

  $5,736,964

  Retail

  $8,627,455

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7674

Longitude

-108.554

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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