2440 Grant RdBillings, MT 59102

Property Details for 2440 Grant Rd

Year built

2004

Lot size

0.62 AC

Property size (Sq ft)

9,035 SF

Property type

Retail properties

Property subtype

Retail space

APN

03-0926-13-1-65-05-0000

APU

3092613165050000

Description

This exceptional Class A retail property, located at 2440 Grant Road in Billings, Montana, presents a unique investment opportunity. Built in 2004, the single-story building boasts a total of 9,211 square feet, with 5,864 square feet currently vacant. Situated on a generous 27,029 square foot lot, the property benefits from excellent visibility and high traffic counts, making it ideal for a variety of retail or showroom uses. The property's zoning is CX-Heavy Commercial, offering flexibility for various business types. The building features no elevators, but its single-story design ensures easy accessibility. Ample warehouse or storage space is available, complementing the significant retail area. The property's location in the Billings West End submarket places it within a thriving area known for its shopping, dining, and lodging options. The address is 2440 Grant Road, Billings, MT 59102, conveniently located near 24th Street West. The property's APN is A28358B, and it is situated in Yellowstone County. This prime retail space offers significant potential for growth and profitability in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,949,725

  6.5%

  $2,722,823

  7%

  $2,528,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,758,772

  Geo Method

  $1,881,109

• Alternative Use

  Use

  Valuation

  Residential

  $2,296,803

  Hospitality

  $2,103,859

  Educational

  $1,750,386

  Medical

  $1,810,585

  Retail

  $2,722,823

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.752

Longitude

-108.578

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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