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    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
    2020
    1969
    1969
    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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