Warehouse Unit with Oversized Garage
For Sale
$113,000
8103 Rosebud Drive Unit 24E, Billings, MT 59106
Configured for shop or storage use, the unit includes a gas heater and insulated interior.
Property Size1,152 SF
Price / SF$98.09
Days on Market41
Property Features for 8103 Rosebud Drive Unit 24E
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Warehouse
Site & Location
Neighborhood
West Central
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
1
Voltage
110 V
Additional Details
Property Use
Shop or Storage Space
Amenities
Community Bathrooms
Gated Community
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: Sep 20
Changed: Oct 26
Last Checked: Oct 26 at 4:06PM
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 is part of a gated shop and storage community in Billings. The steel-frame buildings rest on concrete foundations with 5-inch reinforced slabs. Each unit has a 14-by-14-foot overhead door with an electric opener, a separate steel entry door, a natural gas heater, four LED ceiling lights and six 110V outlets. R-41 ceiling insulation and white metal interior wall liners are installed.
Units measure 24 by 48 feet and can be combined to create larger configurations, including 24 by 96 feet, 48 by 48 feet, 72 by 96 feet or an open 96-by-96-foot space. The community has paved roads, perimeter fencing and cameras at each gated entrance, along with shared bathrooms.
Units measure 24 by 48 feet and can be combined to create larger configurations, including 24 by 96 feet, 48 by 48 feet, 72 by 96 feet or an open 96-by-96-foot space. The community has paved roads, perimeter fencing and cameras at each gated entrance, along with shared bathrooms.
Key Highlights
- 1,152‑square‑foot warehouse unit in a gated shop and storage community
- 24' x 48' unit; units can be combined into larger configurations
- 14' x 14' overhead garage door with electric opener, plus a separate steel entry door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,449
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,980
$189.0K
Cap Rate 7%
$134,986
$135.0K
Cap Rate 9%
$104,989
$105.0K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$14.5K $12.60/SF
− Vacancy
−$1.0K −$0.88/SF
EGI
$13.5K $11.72/SF
− OpEx
−$4.0K −$3.52/SF
NOI
$9.4K $8.20/SF
Area
Billings, MT
Vacancy
7.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,980
Cap Rate 7%
$134,986
Cap Rate 9%
$104,989
Alternative Uses
Best Use
Self Storage
$135.0K
$118.1K – $157.5K
NOI $9,449 @ 7.0% cap · market cap 8.36%
Second Best
Warehouse
$107.5K
$94.1K – $125.4K
NOI $7,526 @ 7.0% cap · market cap 6.66%
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.
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Property Analytics
Who owns this building?
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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
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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 - Configured for shop or storage use, the unit includes a gas heater and insulated interior.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 24E 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 gated shop and storage community; 24' x 48' unit; units can be combined into larger configurations; 14' x 14' overhead garage door with electric opener, plus a separate steel entry door
