3206 Conrad RdBillings, MT 59102
- Other commercial real estate
- 9,000 SF
Property Details for 3206 Conrad Rd
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 1.21 AC
- Property size (Sq ft)
- 9,000 SF
- Zone code
- CI
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 03-0926-14-4-16-24-0000
- APU
- 3092614416240000
Description
This exceptional 7.02-acre land parcel, located at 3206 Conrad Rd, Billings, MT 59102 (APN A29207), presents a significant commercial and industrial development opportunity. Zoned CX-Heavy Commercial, this property offers 305,890 square feet of buildable land, priced at $3,504,989.58, or $11.46 per square foot. Situated within a premier business and industrial park, the land benefits from proximity to a commercial data center with a fiber optic network. The park boasts over 33 acres of common space, including walking trails and water features. Utilities are readily accessible. The location is convenient to Costco, new hotels, and thriving commercial areas, offering excellent access and visibility. The cohesive building requirements ensure an aesthetically pleasing and functional development. This is an ideal location for businesses seeking a modern, technologically advanced environment in a rapidly growing area. The property is part of the Gabel Sub 2nd Filing, Block 1, Lot 5.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,938,297
- 6.5%
- $2,712,274
- 7%
- $2,518,540
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,736,460
- Geo Method
- $1,873,822
-
Alternative Use
- Use
- Valuation
- Residential
- $2,287,904
- Hospitality
- $2,095,708
- Educational
- $1,743,605
- Medical
- $1,803,570
- Retail
- $2,712,274
Location Insight
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Latitude
- 45.7422
- Longitude
- -108.597
- CBSA code
- 13740
- CBSA name
- BILLINGS, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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