1616 Venture CirBillings, MT 59101
- Land
- 3.07 AC
Property Details for 1616 Venture Cir
- Lot size
- 3.07 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 03-1034-18-4-01-27-0000
- APU
- 3103418401270000
Description
This exceptional 3.07-acre parcel of land presents a prime opportunity for industrial development in Billings, Montana. Located at 1616 Venture Circle, this property boasts Heavy Industrial (I2) zoning, making it ideal for a wide range of industrial uses. The land is conveniently situated near the Billings Bypass project, a multi-phase initiative slated for completion in 2026, which will significantly enhance connectivity to Lockwood, Billings Heights, and the I-90/I-94 interchange. This strategic location offers easy access to major transportation routes, ensuring efficient logistics and distribution. Utilities, including gas and electricity, are already stubbed to the property, streamlining the development process. The asking price is $401,187, translating to a land value of $3 per square foot. The property is classified as a Base Flood Zone (AE), indicating a less than 1% annual flood risk. 2023 property taxes amounted to $4,141.85. This "shovel-ready" site is ready for immediate development, presenting a compelling investment opportunity in a rapidly growing area. The property's APN is C16722 and is located in Yellowstone County, Montana, zip code 59101. This is a rare opportunity to acquire a well-positioned industrial lot with excellent access and infrastructure in place.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $33,995,628
- Hospitality
- $31,139,814
- Educational
- $25,907,960
- Medical
- $26,798,974
- Retail
- $40,301,272
Location Insight
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Latitude
- 45.8285
- Longitude
- -108.409
- 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
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