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Property profile & analytics

2929 3Rd Ave Billings, MT 59101

  • Banks
  • 53,169 SF
  • 0.96 lot acres
Value Estimation
Location Intelligence
Property ID
US52-0103838
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.

Current Use by Public Records

  • Federal Bureau of Investigation (FBI) / Federal Government Office / Atm
  • Tamarack Property Management Co / Property Management Company / Apartment Complex
  • Bureau of Alcohol, Tobacco, Firearms and Explosives - Billings Field Office / Government Office
  • Rocky Mountain Bank (now Western Security Bank) / Bank / Atm
  • Rocky Mountain Tribal Leaders Council / Tribal Headquarters

Property Details for 2929 3Rd Ave

Year built
1978
Lot size
0.96 lot acres
Property size
53,169 SF
Zone code
CBD
Property type
Banks
APN
03-0927-03-2-42-06-0000
APU
3092703242060000

Description

This exceptional Class A, five-story office building, located at 2929 3rd Ave N in Billings, Montana, presents a unique investment opportunity. Spanning 63,062 square feet on a sizable 42,000 square foot lot (approximately half a block), this property boasts a prime downtown location within both an Opportunity Zone and the downtown Tax Increment Financing (TIF) district. Built in 1978 and renovated in 2005, the building features a desirable three-lane drive-through, ideal for a variety of uses, including a bank, pharmacy, or restaurant. The first and second floors are currently vacant, offering significant potential for an owner-occupier. Floors three through five are occupied by a mix of government tenants, a law office, a property manager, and general office users, resulting in a 61% occupancy rate. The building's former tenant was Rocky Mountain Bank. Excellent exterior signage opportunities exist. Detailed financial information and rent roll are available upon execution of a Non-Disclosure Agreement. This property offers substantial upside potential for investors seeking a strong presence in the heart of Billings. The permitted zoning is CBD Central Business District. The asking price is $5,189,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Billings
County
Yellowstone
State
Montana
Longitude
-108.51
Latitude
45.7832
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
$57,614
$0.00
$0.00
$4,611,300
-
$1,833,446
$2,777,854
$4,611,300
More about this property
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