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Insulated Warehouse Condo
For Sale
$113,000

8103 Rosebud Drive Unit 24F, Billings, MT 59106

Flexible units can be combined into larger spaces within a gated, camera-monitored community.

Property Size1,152 SF
Price / SF$98.09
Days on Market43

Property Features for 8103 Rosebud Drive Unit 24F

General Information

Standard status Active
Size 1,152 SF
Property subtype Warehouse

Site & Location

Neighborhood West Central

Warehouse & Industrial

Warehouse Space 1,152 SF
Drive-In Doors 1
Voltage 110 V

Additional Details

Property Use Shop or Storage

Amenities

Community Bathrooms
Gated Community
Perimeter Fencing
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
Source: Huskeygroup
Added: Sep 20 Changed: Oct 26 Last Checked: Oct 31 at 5:02PM

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 warehouse unit offers 1,152 square feet within an engineered steel-frame building on a concrete foundation with a 5-inch reinforced slab. The 2025-built unit includes a 14-by-14-foot garage door with electric opener, a steel entry door, a natural gas hanging heater, four LED ceiling lights, six 110V outlets, R-41 ceiling insulation, and white metal interior wall liners. The building is arranged in eight 24-by-48-foot units, which can be joined to create larger configurations, including an open 96-by-96-foot space.

The gated community has perimeter fencing, cameras at each gated entrance, paved roads, and shared bathrooms. Annual HOA dues are $625 and include structural insurance.

Key Highlights

  • 1,152‑square‑foot unit in an engineered steel‑frame building
  • 2025 construction with a concrete foundation and 5‑inch reinforced slab
  • 14‑by‑14‑foot garage door with electric opener and separate 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 (±1% cap)
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 (±1% cap)
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

Warehouses

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Auto Parts Store Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
Under-served
Demand for This Use

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Homestead Self Storage — 3300 Central Ave, Billings, MT 59102

Frequently Asked Questions

What type of property is this?
Warehouse - Flexible units can be combined into larger spaces within a gated, camera-monitored community.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 24F 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 in an engineered steel‑frame building; 2025 construction with a concrete foundation and 5‑inch reinforced slab; 14‑by‑14‑foot garage door with electric opener and separate steel entry door
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