Warehouse Unit with Garage
For Sale
$113,000
8103 Rosebud Drive Unit 23A, Billings, MT 59106
A finished warehouse unit offers heated, insulated interior space with power and community bathroom access.
Property Size1,152 SF
Price / SF$98.09
Days on Market222
Property Features for 8103 Rosebud Drive Unit 23A
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Warehouse
Site & Location
Neighborhood
West Central
Fenced Yard
Yes
Additional Details
Drive-In Doors
1
Property Use
Storage
Amenities
Community Bathrooms
Gated community
Fenced perimeter with cameras
Paved roads
Building Details
Building Size
1,152 SF
Year Built
2025
Construction
engineered steel frame
Listing Agency:
eXp Realty, LLC - Billings
Listed By:
Jana May · License #RRE-BRO-LIC-63128
(406) 633-1655
Source:
Huskeygroup
Added: Mar 25
Changed: Oct 26
Last Checked: Oct 31 at 7:09PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this 1,152-square-foot warehouse unit measures 24 by 48 feet and sits on a concrete foundation with a 5-inch rebar-reinforced slab. Interior features include R-41 ceiling insulation, white metal wall liners, a natural gas hanging heater, and four LED ceiling lights. The unit has a 14-by-14-foot powered garage door, a steel entry door, and six 110V outlets; 30-amp or 50-amp outlets can be added.
The property is within a gated, perimeter-fenced community with cameras at each gated entrance, paved roads, and shared bathrooms. Units may be joined to create larger spaces.
The property is within a gated, perimeter-fenced community with cameras at each gated entrance, paved roads, and shared bathrooms. Units may be joined to create larger spaces.
Key Highlights
- 1,152‑square‑foot unit measuring 24'x48'
- 5" rebar‑reinforced concrete slab
- One 14'x14' garage door with electric opener and one steel door
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Homestead Self Storage — 3300 Central Ave, Billings, MT 59102
Frequently Asked Questions
What type of property is this?
Warehouse - A finished warehouse unit offers heated, insulated interior space with power and community bathroom access.
Where is this warehouse 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: 1,152‑square‑foot unit measuring 24'x48'; 5" rebar‑reinforced concrete slab; One 14'x14' garage door with electric opener and one steel door
