Property profile

2303 Montana Ave Billings, MT 59101

FOR LEASE
Retail space
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Property ID
US52-0012151
12,000 SF 0.15 ac Built 1915
Last sale Jun 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Class A office suite, located at 2303 Montana Avenue in Billings, Montana, presents a unique leasing opportunity. Situated in the heart of the Central Business District (CBD), this 715 square foot space is part of an 18,000 square foot, two-story building constructed in 1915. The property sits on a 6,500 square foot lot and features a single-tenant occupancy. The suite is located on the second floor and is conveniently accessible via elevator. Shared ADA-compliant restrooms…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.49M
Effective rate1.25%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
The CBD district is the downtown mixed-use core intended to continue the existing character of the highly walkable downtown commercial co...
General categoryMIXED_USE
JurisdictionYELLOWSTONE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility13.1
Convenience Store9.9
Pet Grooming Service9.0

Location

2303 Montana Ave Billings, MT 59101
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1501 2nd N, Billings, MT 59101-2622 $596,000 Apr 2024 15,320 SF
1380 Minnesota, Billings, MT 59101-2649 $1,116,622 Feb 2019 18,690 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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