Flex Space with Garage
For Sale
$113,000
8103 Rosebud Drive Unit 22A, Billings, MT 59106
Configured commercial units offer private access, heating, lighting, electrical connections, and insulated interiors within a gated property.
Property Size1,152 SF
Price / SF$98.09
Days on Market54
Property Features for 8103 Rosebud Drive Unit 22A
General Information
Standard status
Active
Size
1,152 SF
Property subtype
CommercialSale
Site & Location
Neighborhood
West Central
Fenced Yard
Yes
Building Details
Construction
engineered steel frame
Listing Agency:
eXp Realty, LLC - Billings
(406) 578-4399
Listed By:
Jana May · License #RRE-BRO-LIC-63128
(406) 633-1655
Source:
Dunndeal
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 30 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC - Billings
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space property offers finished commercial units within engineered steel-frame buildings on concrete foundations and 5-inch reinforced slabs. Each 1,152-square-foot unit measures 24' x 48' and includes a 14' x 14' garage door with electric opener, steel entry door, natural gas hanging heater, LED ceiling lighting, electrical outlets, R-41 ceiling insulation, and white metal interior liners. Units may be combined into larger configurations, including 24' x 96', 48' x 48', 72' x 96', or a fully open 96' x 96' layout.
The gated community has perimeter fencing, cameras at each gated entrance, paved roads, and shared community bathrooms. Multiple units are available at 8103 Rosebud Drive, Unit 22A, Billings, Montana.
The gated community has perimeter fencing, cameras at each gated entrance, paved roads, and shared community bathrooms. Multiple units are available at 8103 Rosebud Drive, Unit 22A, Billings, Montana.
Key Highlights
- 1,152‑square‑foot units configured as 24' x 48' spaces
- Each unit includes a 14' x 14' garage door with electric opener
- Units can be combined into 24' x 96', 48' x 48', 72' x 96', or 96' x 96' layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,995
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,900
$179.9K
Cap Rate 7%
$128,500
$128.5K
Cap Rate 9%
$99,944
$99.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$15.2K $13.20/SF
− Vacancy
−$1.4K −$1.19/SF
EGI
$13.8K $12.01/SF
− OpEx
−$4.8K −$4.20/SF
NOI
$9.0K $7.81/SF
Area
Billings, MT
Vacancy
9.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,900
Cap Rate 7%
$128,500
Cap Rate 9%
$99,944
Alternative Uses
Best Use
Flex RnD
$128.5K
$112.4K – $149.9K
NOI $8,995 @ 7.0% cap · market cap 7.96%
Second Best
Warehouse
$107.5K
$94.1K – $125.4K
NOI $7,526 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$251.4K
$219.9K – $293.3K
NOI $17,595 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59106, MT
20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Configured commercial units offer private access, heating, lighting, electrical connections, and insulated interiors within a gated property.
Where is this flex space located?
The property is located at 8103 Rosebud Drive Unit 22A Billings, MT.
What is the asking price?
The asking price for this property is $113,000.
What are key features of this property?
This property features: 1,152‑square‑foot units configured as 24' x 48' spaces; Each unit includes a 14' x 14' garage door with electric opener; Units can be combined into 24' x 96', 48' x 48', 72' x 96', or 96' x 96' layouts
