Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2110 Overland Ave Billings, MT 59102

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2110 Overland Ave Billings, MT 59102

    View on Map
    • Office buildings
    • 58,168 SF
    • 4.13 lot acres
    For Lease
    View Listing →
    Office/Warehouse Spaces For Lease For Lease
    Contact for pricing

    Office/Warehouse Spaces For Lease

    Office and warehouse spaces available for lease.

    2110 Overland Ave, Billings, MT 59102
    View Listing
    Property ID
    US52-0080886
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Epic Software / (Bike/Boat/Book/etc) Store / Corporate Office
    • Brock M. Ping, Msot / Physician
    • Compassus Home Health / Nursing Home
    • Heidi Efinger, NP-C / Physician
    • Roy R. Hall, MD / Physician

    Property Details for 2110 Overland Ave

    Year built
    1984
    Construction
    WOOD
    Lot size
    4.13 lot acres
    Property size
    58,168 SF
    Zone code
    HC
    Property type
    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

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.569
    Latitude
    45.751
    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
    $0.00
    $0.00
    $6,668,800
    -
    $1,222,770
    $5,446,030
    $6,668,800

    Comparable in this City

    • Value Estimation by Request
      6,151 SF

      1645 Ave D D

      OFFICE BUILDING • 6,151 SF
      1645 Ave D D, Billings, MT 59102-3043
      View Details
    • Value Estimation by Request
      27,242 SF

      2970 King W Ave

      OFFICE BUILDING • 27,242 SF
      2970 King W Ave, Billings, MT 59102-6434
      View Details
    • Value Estimation by Request
      11,540 SF

      3470 Gabel Rd

      OFFICE BUILDING • 11,540 SF
      3470 Gabel Rd, Billings, MT 59102-7302
      View Details
    • Value Estimation by Request
      19,390 SF

      1444 Grand Ave

      OFFICE BUILDING • 19,390 SF
      1444 Grand Ave, Billings, MT 59102-3104
      View Details
    • Value Estimation by Request
      16,932 SF

      1925 Grand Ave

      OFFICE BUILDING • 16,932 SF
      1925 Grand Ave, Billings, MT 59102-2764
      View Details
    • Value Estimation by Request
      11,312 SF

      2180 Overland Ave

      OFFICE BUILDING • 11,312 SF
      2180 Overland Ave, Billings, MT 59102-6695
      View Details

    Similar Nearby for Sale

    • $1,495,000
      4,961 SF

      Billings Office Condo For Sale

      Office condominium in west Billings with investment or owner-user potential.
      3936 Avenue B, Billings, MT 59102
      View Details
    • Contact for pricing
      30,538 SF

      Former Event Center Investment Opportunity

      Partially completed event center with parking on 4.67 acres.
      2255 Creekside Rd, Billings, MT 59102
      View Details
    • Contact for pricing
      25,825 SF

      Modern Office Building in Billings

      Premier office building with modern amenities and convenient location.
      2220 Grant Rd, Billings, MT 59102
      View Details
    • Contact for pricing
      5,684 SF

      West End Office Building For Sale

      Professional office building in excellent West End location.
      2050 Overland Ave, Billings, MT 59102
      View Details
    • $2,150,000

      Class A Office Building

      Custom-built office building in prime Billings West location.
      1631 Zimmerman Trl, Billings, MT 59102
      View Details
    • $5,995,000
      72,598 SF

      Spacious Billings Mixed-Use Investment

      72,598 SF mixed-use property in a prime Billings location.
      2110 Overland Ave, Billings, MT 59102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Office Space in Billings

      Versatile office space with modern amenities in a prime location.
      2220 Grant Rd, Billings, MT 59102
      View Details
    • $600 /Mo
      171 SF

      Professional Office Building For Lease

      Professional Office Building For Lease
      2048 Overland Ave Suite 102BB, Billings, MT 59102
      View Details
    • $875 /Mo
      656 SF

      Solar Plaza office complex with multiple separate office suites for lease

      Solar Plaza office complex with multiple separate office suites for lease
      2108 Broadwater Ave Ste 104, Billings, MT 59102
      View Details
    • $1,500 /Mo
      2,208 SF

      2331 Lewis is a Class A Office Building Redevelopment For Lease

      2331 Lewis is a Class A Office Building Redevelopment For Lease
      2331 Lewis Ave, Suite A, Billings, MT 59102
      View Details
    • Contact for pricing

      Professional Office Space in Billings

      Class A office building with refined, professional setting in Billings.
      1555 Campus Way, Billings, MT 59102
      View Details
    • $14 SF/Yr
      1,740 SF

      Office Building with Private Offices

      1,740 SF office building featuring private offices and conference rooms.
      801 Grand Ave, Billings, MT 59102
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2110 Overland Ave
    Billings, MT 59102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2110 Overland Ave, Billings, MT, 59102

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!