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Financial
Distress signals
Property profile

2929 3Rd Ave N Billings, MT 59101

FOR SALE
Banks
Property ID
US52-0103838
53,169 SF 0.96 ac lot Built 1978
Last sale Jun 2018
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A five-story office building located in downtown Billings, previously occupied by Rocky Mountain Bank, situated on approximately one acre of land with a parking lot. The property includes a three-lane drive-through and is configured to support uses such as a bank, pharmacy, or restaurant. Interior space is arranged across five levels, with Floors 1–2 designed for occupancy and Floors 3–5 previously used by a mix of tenants including government offices, a law office, a property management…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$58k
Tax billed · 2023
Assessed value$4.61M
Effective rate1.25%

Value estimate

· Oct 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?
11.72%
$691k 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 Facility16.2
Wholesale Shop13.6
Convenience Store12.8

Location

2929 3Rd Ave N Billings, MT 59101
County assessor Recorded deeds · 4 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 · 16 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
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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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