821 27Th StBillings, MT 59101

Property Details for 821 27Th St

Year built

1984

Construction

WOOD

Lot size

0.40 AC

Property size (Sq ft)

6,474 SF

Zone code

CC

Property type

Retail properties

Property subtype

Super regional malls

APN

03-1033-32-4-32-04-0000

APU

3103332432040000

Description

This 4,975 square foot single-tenant retail space is ideally situated in Billings, Montana's bustling downtown area, directly across from Billings Clinic and Dehler Park. Built in 1984, the property boasts a total building size of 6,474 square feet on a 17,500 square foot lot. The building is a single-story structure zoned DX - Downtown Support (APN: A07116). The space offers excellent visibility and accessibility with multiple off-street customer parking spaces and convenient rear employee parking. Security features are in place for added peace of mind. The property's prime location within the hospital corridor ensures high foot traffic and visibility, making it an exceptional opportunity for a variety of retail businesses. The open floor plan provides flexibility for customization to suit specific business needs. Excellent signage opportunities are available to maximize brand exposure. This property presents a rare chance to establish a thriving business in a high-demand area. The address is 821 N 27th St, Billings, MT 59101.

• CAP approach

  CAP return

  Valuation

  6%

  $2,113,620

  6.5%

  $1,951,034

  7%

  $1,811,675

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,126,440

  Geo Method

  $1,347,902

• Alternative Use

  Use

  Valuation

  Residential

  $1,645,770

  Hospitality

  $1,507,517

  Educational

  $1,254,236

  Medical

  $1,297,372

  Retail

  $1,951,034

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7892

Longitude

-108.51

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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