1623 Venture CirBillings, MT 59101

  • Land
  • 4.13 AC
For Sale
$539,708 View listing

Property Details for 1623 Venture Cir

Lot size
4.13 AC
Property type
Land
Property subtype
Commercial land
APN
03-1034-18-4-01-33-0000
APU
3103418401330000

Description

Prime 4.13-acre industrial land parcel in Billings, Montana, is now available for $539,708. This shovel-ready site boasts Heavy Industrial (I2) zoning, making it ideal for a variety of commercial and industrial uses. Conveniently located near the intersection of Johnson Lane/Farley Lane, it offers easy access to the I-90/I-94 interchange and is within minutes of the Billings Bypass project, a multi-phase development slated for completion in 2026. This new arterial roadway will significantly improve connectivity between Lockwood, Billings Heights, and the interstate. The property features gas and electricity already stubbed to the site, simplifying development. The lot is zoned for Heavy Industrial use and has a land value of $3 per square foot. While situated in Flood Zone AE, considered a "Base Flood" zone (100-year flood plain), the annual flood risk is less than 1%. 2023 property taxes totaled $5,324.28. The property's address is 1623 Venture Circle, Billings, MT 59101, with APN C16725. This exceptional opportunity presents significant potential for investors and developers seeking a strategic location within a rapidly growing area.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $45,733,660
    Hospitality
    $41,891,788
    Educational
    $34,853,476
    Medical
    $36,052,140
    Retail
    $54,216,516
1623 Venture Cir, Billings, Montana

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.83
Longitude
-108.409
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
$3,894
-
-
$367,526
-
$367,526
-
$367,526

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