Engineered Steel Flex
8103 Rosebud Drive Unit 25G, 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 25G
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
Gated community
Security cameras
Community bathrooms
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 12:06AM
MLS# 361992
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This under-construction flex property is part of a steel-framed development with buildings measuring 96' x 96' or 72' x 96'. Each building is arranged into 8 units measuring 24' x 48', with options to combine spaces into larger configurations, including 24' x 96', 48' x 48', 72' x 96', or a fully open 96' x 96' layout. The buildings sit on concrete foundations with 5" rebar-reinforced slabs and are scheduled for 2025 construction.
Each finished unit includes a 14' x 14' overhead garage door with electric opener, a steel entry door, a natural gas hanging heater, LED ceiling lighting, electrical receptacles, R-41 ceiling insulation, and white metal interior liners. Additional 30-amp or 50-amp plugs may be added. The gated community has perimeter fencing, cameras at each gate, paved internal roads, and shared bathrooms.
Each finished unit includes a 14' x 14' overhead garage door with electric opener, a steel entry door, a natural gas hanging heater, LED ceiling lighting, electrical receptacles, R-41 ceiling insulation, and white metal interior liners. Additional 30-amp or 50-amp plugs may be added. The gated community has perimeter fencing, cameras at each gate, paved internal roads, and shared bathrooms.
Key Highlights
- 1,152‑square‑foot units arranged in 8 sections measuring 24' x 48'
- Configurable layouts can create spaces from 24' x 96' to a 96' x 96' open configuration
- 5" rebar‑reinforced concrete slabs with engineered steel framing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,995
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,900
$179.9K
Cap Rate 7%
$128,500
$128.5K
Cap Rate 9%
$99,944
$99.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$15.2K $13.20/SF
− Vacancy
−$1.4K −$1.19/SF
EGI
$13.8K $12.01/SF
− OpEx
−$4.8K −$4.20/SF
NOI
$9.0K $7.81/SF
Area
Billings, MT
Vacancy
9.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,900
Cap Rate 7%
$128,500
Cap Rate 9%
$99,944
Alternative Uses
Best Use
Flex RnD
$128.5K
$112.4K – $149.9K
NOI $8,995 @ 7.0% cap · market cap 7.96%
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
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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
$483,100
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Billings, MT
Properties on Market for Flex space in Billings
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction flex space within a gated, fenced community with configurable units and dedicated garage access.
Where is this flex space located?
The property is located at 8103 Rosebud Drive Unit 25G 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 units arranged in 8 sections measuring 24' x 48'; Configurable layouts can create spaces from 24' x 96' to a 96' x 96' open configuration; 5" rebar‑reinforced concrete slabs with engineered steel framing
