251 Saddle DrHelena, MT 59601

  • Healthcare properties
  • 2,995 SF
For Lease
$22/SF/YR View listing

Property Details for 251 Saddle Dr

Year built
1999
Construction
WOOD
Lot size
0.48 AC
Property size (Sq ft)
2,995 SF
Zone code
1
Property type
Healthcare properties
Property subtype
Medical offices
APN
05-1888-33-2-06-05-0000
APU
5188833206050000

Description

This exceptional 3,168 square foot medical or dental office suite is ideally situated in Helena's desirable South Hills submarket, at 251 Saddle Drive, Suite B, 59601. The suite, part of a Class A, two-story building constructed in 2000 and renovated in 2005, offers a modern and efficient layout. The space boasts a spacious waiting area, a reception area with a counter and kitchenette, six private offices (four with cabinets and counters, three with plumbing), an operatory bay with plumbing for up to three additional dental chairs, a lab/nurse station, two bathrooms, and a utility room with washer and dryer hookups. The building features a common area main level foyer with elevator access. Ample parking is available with 25 total spaces. The property sits on a 0.47-acre lot (0.477 acres total land) and is zoned for Residential Office use. The building's total square footage is 6,480 square feet, with 3,168 square feet currently vacant. The property features tall ceilings and is conveniently located between St. Pete's and Shodair on Winne Avenue and Saddle Drive. Property taxes are $2.30 per square foot. The building's floor area ratio (FAR) is 0.31. This turnkey space presents a fantastic opportunity for a growing medical or dental practice seeking a well-appointed and conveniently located office. The Lewis and Clark County location and proximity to major thoroughfares ensure excellent visibility and accessibility. The APN is 0000000414.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $535,612
    6.5%
    $494,411
    7%
    $459,096
  • Comparable approach

    Method
    Valuation
    Relative Method
    $638,564
    Geo Method
    $638,564
  • Alternative Use

    Use
    Valuation
    Residential
    $613,070
    Hospitality
    $561,569
    Educational
    $467,218
    Medical
    $483,287
    Retail
    $726,784
251 Saddle Dr, Helena, Montana

Location Insight

City
Helena
County
Lewis And Clark
State
Montana
Latitude
46.5826
Longitude
-111.993
CBSA code
25740
CBSA name
HELENA, MT MICROPOLITAN 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
$14,337
-
-
$939,600
-
$216,364
$723,236
$939,600

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