Property profile

40 3rd Bears Dr Butte, MT 59701

OFF-MARKET
Medical Office Space
Property ID
US52-0866758
16,200 SF 3.7 ac lot Built 2021
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed, 17,507 square foot VA Clinic building situated on a substantial 3.7-acre lot in Butte, Montana. The property boasts a highly desirable location, offering excellent visibility and accessibility with convenient Interstate 90 access. The modern facility is equipped with a comprehensive array of amenities, including air conditioning, high-speed fiber optic connectivity, Wi-Fi, a reception area, and janitorial services. Ample parking is provided with 118 spaces available for staff and patients. A significant advantage is the secure 20-year lease agreement with the federal government, ensuring a consistent and reliable income stream from the outset. This long-term lease mitigates risk and provides predictable cash flow for the investor. The substantial size of the property, combined with the secure lease, presents a compelling opportunity for long-term growth and appreciation. Furthermore, a capital gains purchase strategy is available, potentially saving the buyer approximately 30% of the purchase price, resulting in a tax savings of around $3.2 million through a 1031 exchange. This turnkey investment offers a rare combination of stability, high potential returns, and significant tax advantages. The property is offered for sale at $10,499,000.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2021
Construction WOOD
Total area 16,200 SF
Lot 3.7 ac (161,172 SF)
APN 01-1198-33-3-05-03-0000
UPID US52-0866758

Cap rate & NOI

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

Location

40 3rd Bears Dr Butte, MT 59701-7171
Butte metro Census 700 BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2018
2 recorded transactions
2026
Price N/A
2018
Price N/A

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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