Property profile

2108 Broadwater Ave Billings, MT 59102

FOR LEASE
Office buildings
Property ID
US52-0068157
14,052 SF 0.73 ac lot Built 1980
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Solar Plaza is a landmark office complex in the West End of Billings providing multiple separate office suites designed for tenancy, with suite sizes ranging from approximately 220 to 750 square feet. The building has 180 original solar panels mounted on the south side, intended to provide ancillary heat during winter conditions. The complex includes property-wide improvements such as HVAC upgrades, luxury vinyl plank flooring, LED lighting, updated/restored restrooms, and interior paint. Office spaces are configured with features such as private balconies, vaulted ceilings, skylights, abundant natural light from windows, and landscaped garden areas. One representative suite is approximately 340 square feet and is laid out with one private office and a larger shared reception area, with the common-area restrooms having been recently renovated and the suite benefiting from windowed natural light.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction WOOD
Total area 14,052 SF
Lot 0.73 ac (31,886 SF)
Zoning code RP
APN 03-0927-06-3-11-15-0000
UPID US52-0068157

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Counselor
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising
  • Real Estate Agency

Location

2108 Broadwater Ave Billings, MT 59102
Billings metro Census 1702 BILLINGS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2014
Price N/A
2008
Price N/A
2008
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

RP · Billings, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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