3206 Conrad RdBillings, MT 59102

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

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.

• 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

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