Insulated Warehouse
For Sale
$113,000
8103 Rosebud Drive Unit 22B, Billings, MT 59106
CommercialSale, Billings, MT
Property Size1,152 SF
Price / SF$98.09
Days on Market173
Property Features for 8103 Rosebud Drive Unit 22B
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking
2
Subdivision
Shop World Condos
Directions
King Avenue West to 80th Street. Right on 80th Street W, Left on Stillwater Drive, Complex will be on the Left.
Standard status
Active
APN
C07259R
Size
1,152 SF
Taxes and HOA fees
Tax Description
SHOP WORLD CONDOS (24), S11, T01 S, R24 E, BUILDING 22, UNIT B, 0.510% COMMON AREA INTEREST, LOC @ BLK 1, LT 5A1 PIKE SUB AMD (24)
Legal Description
SHOP WORLD CONDOS (24), S11, T01 S, R24 E, BUILDING 22, UNIT B, 0.510% COMMON AREA INTEREST, LOC @ BLK 1, LT 5A1 PIKE SUB AMD (24)
Utilities
Heating system
Natural Gas
Amenities
Community Bathrooms
Gated community
Security cameras
Paved roads
Building Details
Year built
2025
Floors in Building
1
Building materials
Steel
Roof type
Metal
Listing Agency:
eXp Realty, LLC - Billings
(406) 578-4399
Listed By:
Jana May · License #RRE-BRO-LIC-63128
(406) 633-1655
Added: Apr 17
Changed: Oct 4
Last Checked: Oct 6 at 12:06PM
MLS# 358792
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property is under construction with engineered steel frames, metal roofing, concrete foundations, and 5-inch rebar-reinforced slabs. Available buildings measure 96 feet by 96 feet or 72 feet by 96 feet, with each divided into 8 units measuring 24 feet by 48 feet. Units may be combined into larger configurations, including 24 feet by 96 feet, 48 feet by 48 feet, 72 feet by 96 feet, or a fully open 96-foot by 96-foot layout.
Each finished unit includes a 14-foot by 14-foot 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. Community bathrooms serve the development. The gated property has perimeter fencing, cameras at each gate entrance, and paved internal roads. Multiple units are available.
Each finished unit includes a 14-foot by 14-foot 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. Community bathrooms serve the development. The gated property has perimeter fencing, cameras at each gate entrance, and paved internal roads. Multiple units are available.
Key Highlights
- 96' x 96' or 72' x 96' engineered steel‑frame buildings
- Each building is divided into 8 units measuring 24' x 48'
- Units can be combined into configurations up to 96' x 96'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,526
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,520
$150.5K
Cap Rate 7%
$107,514
$107.5K
Cap Rate 9%
$83,622
$83.6K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$9.7K $8.40/SF
− Vacancy
−$823 −$0.71/SF
EGI
$8.9K $7.69/SF
− OpEx
−$1.3K −$1.15/SF
NOI
$7.5K $6.53/SF
Area
Billings, MT
Vacancy
8.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,520
Cap Rate 7%
$107,514
Cap Rate 9%
$83,622
Alternative Uses
Best Use
Warehouse
$107.5K
$94.1K – $125.4K
NOI $7,526 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Shop World Storage — 936 West Toy Storage Street, Billings, MT 59106
Frequently Asked Questions
What type of property is this?
Warehouse - Under-construction steel warehouse units offer flexible configurations within a gated, camera-monitored industrial setting.
Where is this warehouse 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: 96' x 96' or 72' x 96' engineered steel‑frame buildings; Each building is divided into 8 units measuring 24' x 48'; Units can be combined into configurations up to 96' x 96'
