2110 Overland AveBillings, MT 59102

  • Office properties
  • 58,168 SF
For Lease
$9/SF/YR View listing

Property Details for 2110 Overland Ave

Year built
1984
Construction
WOOD
Lot size
4.13 AC
Property size (Sq ft)
58,168 SF
Zone code
HC
Property type
Office properties
Property subtype
Office buildings
APN
03-0927-18-2-03-04-0000
APU
3092718203040000

Description

This exceptional 72,598 square foot multi-tenant property, located at 2110 Overland Ave in Billings, Montana, presents a unique investment opportunity. The property, classified as a Class B building constructed in 1984, sits on a substantial 179,990 square foot lot. Its zoning designation is CMU2-Corridor Mixed Use 2, allowing for a diverse range of uses. The building encompasses a variety of space types, suitable for medical offices, manufacturing, warehousing, distribution, and traditional office operations

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,918,738
    6.5%
    $11,924,989
    7%
    $11,073,204
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,712,456
    Geo Method
    $4,805,840
  • Alternative Use

    Use
    Valuation
    Residential
    $14,786,986
    Hospitality
    $13,544,800
    Educational
    $11,269,114
    Medical
    $11,656,676
    Retail
    $17,529,734
2110 Overland Ave, Billings, Montana

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.751
Longitude
-108.569
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$74,800
-
-
$6,668,800
-
$1,222,770
$5,446,030
$6,668,800

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