Warehouse Unit with Garage
8103 Rosebud Drive Unit 24A, Billings, MT 59106
For Sale
$113,000
CommercialSale, Billings, MT
Property Size1,152 SF
Price / SF$98.09
Days on Market56
Property Features for 8103 Rosebud Drive Unit 24A
General Information
Property type
Property subtype
Property condition
Parking
Subdivision
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Amenities
Community Bathrooms
Gated community
Cameras on each Gated entrance
Paved roads
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
eXp Realty, LLC - Billings
(406) 578-4399
Listed By:
Jana May · License MT RRE-BRO-LIC-63128
(406) 633-1655
Added: Sep 20
Changed: Oct 4
Last Checked: Nov 14 at 1:06AM
MLS# 361980
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.
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Investment Insights
Based on property information with market context.
This warehouse unit at 8103 Rosebud Drive, Unit 24A, is part of a 2025 steel-frame development in Billings. The 1,152-square-foot unit is configured within a larger building and includes a 14-by-14-foot garage door with electric opener, a steel entry door, natural-gas hanging heater, four LED ceiling lights, and six 110V outlets. The concrete foundation and 5-inch rebar-reinforced slab support warehouse or storage use, while R-41 ceiling insulation and white metal interior liners complete the buildout. Additional 30-amp or 50-amp plugs can be added.
The property is under construction within a fenced, gated community with cameras at each gate, paved internal roads, and shared community bathrooms. Units may be combined into larger configurations, including 24-by-96 feet, 48-by-48 feet, 72-by-96 feet, or an open 96-by-96-foot layout. Multiple units are available, and structural insurance is included through the annual HOA program.
The property is under construction within a fenced, gated community with cameras at each gate, paved internal roads, and shared community bathrooms. Units may be combined into larger configurations, including 24-by-96 feet, 48-by-48 feet, 72-by-96 feet, or an open 96-by-96-foot layout. Multiple units are available, and structural insurance is included through the annual HOA program.
Key Highlights
- 1,152‑square‑foot warehouse unit in a 2025 steel‑frame development
- 14‑by‑14‑foot garage door with electric opener
- 5‑inch rebar‑reinforced concrete slab and concrete foundation
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
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
20
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
$483,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Billings, MT
Properties on Market for Warehouses in Billings
Vacancy Rate% for Industrial in West region
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 space offers insulated interiors, natural-gas heat, lighting, and electrical service in a gated setting.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 24A 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 in a 2025 steel‑frame development; 14‑by‑14‑foot garage door with electric opener; 5‑inch rebar‑reinforced concrete slab and concrete foundation
