40 Three Bears DrButte, MT 59701
- Healthcare properties
- 16,200 SF
Property Details for 40 Three Bears Dr
- Year built
- 2021
- Construction
- WOOD
- Lot size
- 3.70 AC
- Property size (Sq ft)
- 16,200 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 01-1198-33-3-05-03-0000
- APU
- 1119833305030000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,897,134
- 6.5%
- $2,674,277
- 7%
- $2,483,257
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,454,002
- Geo Method
- $3,454,002
-
Alternative Use
- Use
- Valuation
- Residential
- $3,316,104
- Hospitality
- $3,037,533
- Educational
- $2,527,192
- Medical
- $2,614,106
- Retail
- $3,931,187
Location Insight
- City
- Butte
- County
- Silver Bow
- State
- Montana
- Latitude
- 45.9614
- Longitude
- -112.475
- CBSA code
- 15580
- CBSA name
- BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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