Warehouse Unit with Oversized Garage
For Sale
$113,000
8103 Rosebud Drive Unit 24B, Billings, MT 59106
Configurable space combines insulated interiors with a natural gas heater and reinforced concrete flooring.
Property Size1,152 SF
Price / SF$98.09
Days on Market43
Property Features for 8103 Rosebud Drive Unit 24B
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Warehouse
Site & Location
Neighborhood
West Central
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
1
Property Use
Shop, Storage
Amenities
Community bathrooms
Gated community
Security cameras
Paved roads
Building Details
Building Size
1,152 SF
Year Built
2025
Construction
steel frame
Listing Agency:
ERA Real Estate
Listed By:
Huskey Real Estate Group
(406) 697-2510
Source:
Huskeygroup
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 31 at 7:34PM
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
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.
This warehouse unit offers 1,152 square feet within a 96-by-96-foot engineered steel-frame building. The building is configured as eight 24-by-48-foot units, which may be joined to create larger spaces or an open 96-by-96-foot layout. Each finished unit includes a 14-by-14-foot powered garage door, a steel entry door, a natural gas hanging heater, four LED ceiling lights, six 110-volt outlets, R-41 ceiling insulation, and white metal interior wall liners. The building sits on a concrete foundation with a 5-inch rebar-reinforced slab.
The gated community has perimeter fencing, cameras at each gated entrance, paved roads, and shared bathrooms. Multiple units are available. The annual HOA fee is excluded from this description.
The gated community has perimeter fencing, cameras at each gated entrance, paved roads, and shared bathrooms. Multiple units are available. The annual HOA fee is excluded from this description.
Key Highlights
- 1,152 square feet in a 2025‑built steel‑frame building
- Units measure 24 by 48 feet and can be combined into larger configurations
- Each unit has a 14‑by‑14‑foot garage door with electric opener and a steel entry 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
Yes
Utilities to site
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 - Configurable space combines insulated interiors with a natural gas heater and reinforced concrete flooring.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 24B 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 feet in a 2025‑built steel‑frame building; Units measure 24 by 48 feet and can be combined into larger configurations; Each unit has a 14‑by‑14‑foot garage door with electric opener and a steel entry door
