Warehouse Unit with Garage
For Sale
$113,000
8103 Rosebud Drive Unit 23D, Billings, MT 59106
A finished unit offers a natural gas heater, electrical service, and access to shared community bathrooms.
Property Size1,152 SF
Price / SF$98.09
Days on Market222
Property Features for 8103 Rosebud Drive Unit 23D
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Warehouse
Site & Location
Neighborhood
West Central
Additional Details
Drive-In Doors
1
Property Use
Shop or Storage
Amenities
Gated community
Security cameras
Community bathrooms
Building Details
Building Size
1,152 SF
Year Built
2025
Construction
engineered steel frame
Listing Agency:
ERA Real Estate
Listed By:
Huskey Real Estate Group
(406) 697-2510
Source:
Huskeygroup
Added: Mar 25
Changed: Oct 29
Last Checked: Oct 31 at 8:49PM
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 ERA Real Estate
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Investment Insights
Based on property information with market context.
This 1,152-square-foot warehouse unit is part of an engineered steel-frame building on a concrete foundation, with a 5-inch rebar-reinforced slab. Each 24-by-48-foot unit has a 14-by-14-foot garage door with electric opener, a separate steel entry door, a natural gas hanging heater, four LED ceiling lights, and six 110V outlets. Ceiling insulation is rated R-41, and white metal liners cover the interior walls. Larger spaces can be formed by joining units in several configurations, up to an open 96-by-96-foot area.
The gated property has perimeter fencing, cameras at each entrance, paved roads, and shared community bathrooms. The buildings were constructed in 2025, and multiple units are available.
The gated property has perimeter fencing, cameras at each entrance, paved roads, and shared community bathrooms. The buildings were constructed in 2025, and multiple units are available.
Key Highlights
- 1,152‑square‑foot warehouse unit
- Each unit measures 24'x48' and can be joined with adjoining units
- 14'x14' 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
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Current Use
Lease Details
1
Drive-in doors
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
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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 - A finished unit offers a natural gas heater, electrical service, and access to shared community bathrooms.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 23D 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 warehouse unit; Each unit measures 24'x48' and can be joined with adjoining units; 14'x14' garage door with electric opener
