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Engineered Steel Warehouse Units
For Sale
$113,000

8103 Rosebud Drive Unit 22F, Billings, MT 59106

Flexible industrial units offer secure gated access, individual garage doors, overhead heat, and configurable interior layouts.

Property Size1,152 SF
Price / SF$98.09
Days on Market16

Property Features for 8103 Rosebud Drive Unit 22F

General Information

Standard status Active
Size 1,152 SF

Additional Details

Fenced Yard Yes

Amenities

Community Bathrooms
Gated community
Cameras on each Gated entrance
Paved roads

Building Details

Construction steel frame
Listing Agency: eXp Realty, LLC - Billings
Listed By: Jana May · License #RRE-BRO-LIC-63128
Source: Patschindele
Added: Sep 21 Changed: Oct 5 Last Checked: Oct 5 at 6:20PM

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

Investment Insights

Based on property information with market context.

This warehouse property offers engineered steel buildings on concrete foundations with 5-inch rebar-reinforced slabs. Available configurations include 96' x 96' and 72' x 96' buildings, each organized into 24' x 48' units. Units may be combined into larger spaces, including 24' x 96', 48' x 48', 72' x 96', or fully open 96' x 96' layouts.

Each finished unit includes a 14' x 14' 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 wall liners. Additional 30-amp or 50-amp plugs can be added. The gated community includes perimeter fencing, cameras at each gate, paved roads, and community bathrooms. Multiple units are available at 8103 Rosebud Drive, Unit 22F, Billings, MT 59106.

Key Highlights

  • 1,152 SF units organized within 24' x 48' bays
  • 96' x 96' or 72' x 96' engineered steel buildings
  • Units can be combined into 24' x 96', 48' x 48', 72' x 96', or 96' x 96. configurations

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 (±1% cap)
NOI $8,995 @ 7.0% cap · market cap 7.96%
Second Best
Warehouse
$107.5K
$94.1K – $125.4K (±1% cap)
NOI $7,526 @ 7.0% cap · market cap 6.66%
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.

Property Analytics

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Current Use

Flex space

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

Yes
Fenced yard

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
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Warehouse - Flexible industrial units offer secure gated access, individual garage doors, overhead heat, and configurable interior layouts.
Where is this warehouse located?
The property is located at 8103 Rosebud Drive Unit 22F 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 SF units organized within 24' x 48' bays; 96' x 96' or 72' x 96' engineered steel buildings; Units can be combined into 24' x 96', 48' x 48', 72' x 96', or 96' x 96. configurations
More about this property
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