2001 Stadium DrBozeman, MT 59715

Property Details for 2001 Stadium Dr

Year built

1999

Construction

WOOD

Lot size

0.23 AC

Property size (Sq ft)

11,532 SF

Property type

Office buildings

APN

06-0798-13-3-18-10-0000

APU

6079813318100000

Description

This exceptional 5,500 square foot medical office space, located at 2001 Stadium Drive in Gallatin County, is ready for occupancy January 1st, 2025. The single-tenant building, constructed in 2000, offers ample parking and is ideally situated adjacent to the Montana State University Bobcat Football Stadium. The property is zoned RO and is currently entirely vacant, presenting a unique opportunity for a medical practice, research facility, or other office use. The space is divisible, offering flexibility to suit various needs and sizes. The asking lease rate is $20 per square foot gross. This location provides excellent visibility and accessibility, benefiting from its proximity to a major landmark and likely high traffic volume. The building's 5,500 square feet provides ample room for expansion and growth. The property's convenient location and flexible layout make it an attractive option for businesses seeking a prominent presence in a vibrant area. With ample parking available, client and staff convenience is ensured. This is a rare opportunity to secure a well-located, spacious, and adaptable medical office building in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,337,310

  6.5%

  $2,157,510

  7%

  $2,003,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,458,740

  Geo Method

  $2,458,740

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,335,930

  Retail / Commercial

  $2,206,160

  Mixed-Use / Specialty

  $2,184,680

  Hospitality / Lodging

  $1,585,100

  Institutional / Educational

  $2,266,320

  Residential Income

  $2,651,590

  Multifamily

  $3,255,670

  Automotive / Energy

  $1,942,560

  Parking / Income-Based Land

  $683,807

  Restaurant / Food Service

  $1,107,200

  Healthcare / Senior Housing

  $2,254,310

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.6594

Longitude

-111.054

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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