Block 1 Lot 5, Billings, MT
Land for Sale - $1,630,000 - 2 acres
Agent Info
| Todd Sherman Coldwell Banker Commercial CBS |
Property Info
| CIMLS# | 1179870 |
| Location Block 1 Lot 5 Billings MT 59106 | |
| Updated | January 22nd, 2026 |
| Type | Land |
| Price | $1,630,000 |
| Land | 2 acres |
Property Description
This vacant lot spans just under 2.2 acres and is strategically positioned between Albertsons, First Interstate Bank, and Diamond X, placing it in one of the most up-and-coming commercial corridors in the market. The site offers excellent visibility and strong traffic counts, making it a prime opportunity for high-impact development.
The property is surrounded by a thriving mix of restaurants, coffee shops, retail, and service-oriented businesses that draw consistent daily traffic. The vibrant, walkable atmosphere supports a wide range of commercial and mixed-use concepts.
The site is well-suited for a master-planned mixed-use development and represents a true legacy location within a growing community. Potential uses include restaurant or food service concepts, multi-family residential, fitness or wellness facilities, medical or professional offices, and neighborhood-serving retail—all positioned to benefit from ongoing growth and nearby commercial momentum.
Ownership is open to considering a long-term land lease, offering meaningful advantages to users and developers, including:
Lower upfront capital requirements
Potential tax advantages
Increased flexibility while securing a premier location long-term
This structure can be particularly attractive for businesses or developers seeking to deploy capital more efficiently while maintaining a strong presence in a high-demand corridor.



