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Property profile & analytics
FOR SALE
Medical Office Space

100 W Wicks Ln Billings, MT 59105

6,156 SF 2.44 ac lot Built 1979
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US52-0111287
Property summary
AI-generated overview

This exceptional 2.44-acre property located at 100 W Wicks in Billings, Montana, presents a unique investment opportunity. Priced at $2,000,000, the existing office building offers significant potential for various uses, allowing for either continued operation in its current configuration or complete reconfiguration to suit a new tenant's needs. The property's prime location in the Heights area of Billings offers excellent visibility and accessibility. A key advantage is the substantial 2.44-acre lot, providing ample space for future expansion. The existing building boasts a sophisticated and efficient heating and cooling system, a testament to its well-maintained infrastructure, despite its age. This feature ensures comfortable and cost-effective operation year-round. The expansive land area allows for the construction of additional buildings, making this property ideal for businesses seeking growth and expansion opportunities. This is a rare opportunity to acquire a well-situated property with significant development potential in a thriving Billings neighborhood. The combination of existing building infrastructure and substantial land makes this a highly attractive investment for discerning buyers. Serious inquiries are encouraged.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Construction WOOD
Total area 6,156 SF
Lot 2.44 ac (106,286 SF)
Zoning code RP
APN 03-1033-21-1-19-06-0000
UPID US52-0111287
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jessica Cozzens Pediatrician Physician
  • Planned Parenthood - Planned Parenthood Heights Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Intermountain Planned Parenthood In · 5 yrs held
Intermountain Planned Parenthood In
since 2020
4 recorded transactions
2020
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RP · Billings, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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