Insulated Warehouse
For Sale
$113,000
8103 Rosebud Drive Unit 23B, Billings, MT 59106
The unit includes a reinforced concrete floor, powered overhead door, natural gas heat, and access to shared restrooms.
Property Size1,152 SF
Price / SF$98.09
Days on Market222
Property Features for 8103 Rosebud Drive Unit 23B
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
Amenities
Community Bathrooms
Gated Community
Perimeter Security Cameras
Paved Roads
Building Details
Building Size
1,152 SF
Year Built
2025
Construction
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 4:16PM
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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Investment Insights
Based on property information with market context.
Built in 2025, this 1,152-square-foot warehouse unit measures 24' x 48'. Its engineered steel-frame building sits on a concrete foundation, and the unit has a 5" rebar-reinforced slab. Interior finishes include R-41 ceiling insulation and white metal wall liners. Equipment includes a 14' x 14' overhead garage door with electric opener, a steel entry door, a natural gas hanging heater, four LED ceiling lights, and six 110V outlets. 30-amp or 50-amp plugs can be added.
The property is within a gated, perimeter-fenced community with cameras at each gate and paved roads. Shared community bathrooms are available. Multiple units are offered, and adjoining units can be combined into larger configurations.
The property is within a gated, perimeter-fenced community with cameras at each gate and paved roads. Shared community bathrooms are available. Multiple units are offered, and adjoining units can be combined into larger configurations.
Key Highlights
- 1,152‑square‑foot unit measuring 24' x 48'
- 5" rebar‑reinforced concrete slab
- 14' x 14' garage door with electric opener
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
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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 - The unit includes a reinforced concrete floor, powered overhead door, natural gas heat, and access to shared restrooms.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 23B 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' x 48'; 5" rebar‑reinforced concrete slab; 14' x 14' garage door with electric opener
