New Shop or Storage
8103 Rosebud Drive Unit 23a, Billings, MT 59106
Engineered steel frame buildings divided into units for shop or storage.
Property size:
1,152 SFPrice / SF:
$98/SF- Added:
- Mar 26, 2026
- Days on Market:
- 65
- Last Refresh:
- May 25 at 11:51 pm
Property Features for 8103 Rosebud Drive Unit 23a
General Information
- Standard status
- Active
- Size
- 1,152 SF
Listing agent Jana May License #RRE-BRO-LIC-63128 (406) 633-1655
Listing office eXp Realty, LLC - Billings (406) 633-1655
Listing date Mar 26, 2026
Source Exprealty
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
HighLights
- Flexible Unit Sizes: Combine units for spaces up to 96'x96'.
- Secure Gated Community: Enjoy peace of mind with perimeter fencing and camera surveillance at gated entrances.
- New Construction: Benefit from engineered steel frame buildings on concrete foundations with reinforced slabs.
- Equipped Units: Each unit features a 14'x14' garage door with electric opener, steel door, natural gas heater, and LED lighting.
- Insulated and Finished Interiors: Features R‑41 ceiling insulation and white metal interior wall liners.
- Low Annual HOA: $625/year includes structural insurance.
Overview
This property features new shop or storage spaces within engineered steel frame buildings. The buildings, measuring 96'x96' or 72'x96', are constructed on concrete foundations with 5" thick rebar reinforced slabs. Each building is divided into 8 units, each measuring 24'x48'. Units can be combined to create larger spaces, including 24'x96', 48'x48', 72'x96', or a fully open 96'x96' layout. Each finished unit includes a 14'x14' garage door with an electric opener, a steel door, a natural gas hanging heater, and four LED ceiling lights. Electrical features include six 110V plugins, with options for 30 amp or 50-amp plugs. The units are insulated with R-41 insulation in the ceiling and feature white-colored metal liners on all interior walls. Community bathrooms are available. The property is part of a gated community with a fenced perimeter and cameras at each gated entrance. Paved roads provide access throughout the community. The annual HOA fee of $625 covers structural insurance. Multiple units are available.
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
Industrial
$94.9K
$83.0K – $110.7K
NOI $6,641 @ 7.0% cap · market cap 5.88%
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.
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.6104841
- Latitude
- 45.7578788
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - Engineered steel frame buildings divided into units for shop or storage.
Where is this self storage facility located?
The property is located at 8103 Rosebud Drive Unit 23a 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: Flexible Unit Sizes: Combine units for spaces up to 96'x96'.; Secure Gated Community: Enjoy peace of mind with perimeter fencing and camera surveillance at gated entrances.; New Construction: Benefit from engineered steel frame buildings on concrete foundations with reinforced slabs.
