Gated Storage Flex Building
8103 Rosebud Drive Unit 22B Billings, MT 59106
New
8103 Rosebud Drive Unit 22B, Billings, MT, 59106
$113,000
For Sale
$113,000
Engineered steel-frame units feature electric garage doors, insulated ceilings, LED lighting, and gated security with paved access.
Property Size1,152 SF
Price / SF$98.09
Days on Market4
Property Features for 8103 Rosebud Drive Unit 22B
General Information
- Standard status
- Active
- Size
- 1,152 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing agency
eXp Realty, LLC - Billings
(406) 633-1655
Listed by
Jana May · License #RRE-BRO-LIC-63128
Source
Clearwaterproperties
Added: Jul 18 Updated: Jul 20 at 8:59PM Checked: Jul 21 at 4:27AM
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
Investment Insights
Based on property information with market context.
This property offers new shop and storage space in engineered steel frame buildings on concrete foundations with 5-inch rebar-reinforced slabs. Buildings are arranged into individual 24-foot-by-48-foot and similar configurations, with each unit designed to be co-joined for larger layouts such as 24'x96', 48'x48', 72'x96', or an open 96'x96'. Finished units include one 14'x14' garage door with electric opener, a steel door, natural gas hanging heater, bright LED ceiling lights, and R-41 insulation at the ceiling. Interior walls have white metal liners, and each unit is served by multiple 110V plugins, with the ability to add 30-amp or 50-amp plugs.
The buildings are set within a gated community with the perimeter fenced and cameras at each gated entrance. Roads are paved, and community bathrooms are provided. Annual HOA is listed as $625/year and includes structural insurance.
Multiple units are available, with building footprints described as either 96'x96' or 72'x96'.
The buildings are set within a gated community with the perimeter fenced and cameras at each gated entrance. Roads are paved, and community bathrooms are provided. Annual HOA is listed as $625/year and includes structural insurance.
Multiple units are available, with building footprints described as either 96'x96' or 72'x96'.
Key Highlights
- New engineered steel‑frame shop/storage buildings built in 2025 on concrete foundations with 5" rebar‑reinforced slabs
- Building layouts offer multiple unit sizes, with units designed to be co‑joined into larger open spaces (e.g., 24'x96', 48'x48', 72'x96', or 96'x96')
- Each finished unit includes an insulated ceiling (R‑41), bright LED ceiling lights, and white metal liners on interior walls
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.5k | $12.60 |
| − Vacancy | −$1.0k | −$0.88 |
| EGI | $13.5k | $11.72 |
| − OpEx | −$4.0k | −$3.52 |
| NOI | $9.4k | $8.20 |
1,152 SF · lease $12.60/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$135.0K
$118.1K – $157.5K
NOI $9,449 @ 7.0% cap · market cap 8.36%
Second Best
Flex RnD
$128.5K
$112.4K – $149.9K
NOI $8,995 @ 7.0% cap · market cap 7.96%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Engineered steel-frame units feature electric garage doors, insulated ceilings, LED lighting, and gated security with paved access.
Where is this flex space located?
The property is located at 8103 Rosebud Drive Unit 22B 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: New engineered steel‑frame shop/storage buildings built in 2025 on concrete foundations with 5" rebar‑reinforced slabs; Building layouts offer multiple unit sizes, with units designed to be co‑joined into larger open spaces (e.g., 24'x96', 48'x48', 72'x96', or 96'x96'); Each finished unit includes an insulated ceiling (R‑41), bright LED ceiling lights, and white metal liners on interior walls
