Experiences
Office
Office space throughout Montana has received mixed reviews from market participants. There's been increasing interest in mixed-use developments combining office space with retail or residential components, particularly in downtown areas. Some investors have found success with converting older office buildings to medical office use, capitalizing on healthcare sector growth. Our experience includes appraising, buying, selling, and developing these properties.
The key components to office valuations and investing are:
Office Space Conversion to Medical Space
Sage Appraisal has been contracted to appraise several office space conversion projects with a historical office space use remodeled and converted into medical space. The office space included over 30,000 SF and remained vacant for several years. With the growing demand for medical services, a group of local providers joined together to create a co-op and acquire office space. Sage Appraisal assisted in the appraisal process and review of all project remodel plans and budgets for a complete understanding of the total project implications.
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