8103 Rosebud Drive Unit 23b, Billings, MT 59106
Engineered steel buildings offer divisible shop or storage units with electric garage doors and paved access.
- Added:
- Mar 26, 2026
- Days on Market:
- 94
- Last Refresh:
- Jun 25 at 8:56 pm
Property Features for 8103 Rosebud Drive Unit 23b
General Information
- Standard status
- Active
- Size
- 1,152 SF
Listing office eXp Realty, LLC - Billings (406) 633-1655
Listing date Mar 26, 2026
Source Exprealty
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
HighLights
- Engineered steel frame buildings on concrete foundations with 5 in. rebar‑reinforced slabs
- Buildings can be configured as 96'x96' or 72'x96', divided into 8‑24'x48' units that can be co‑joined for larger spaces
- Each finished unit includes a 14'x14' garage door with electric opener plus a steel door
- Units feature a natural gas hanging heater, 4 bright LED ceiling lights, and 6 110V plugs (30‑amp or 50‑amp plugs can be added)
- R‑41 insulation in the ceiling and white metal liners on interior walls
- Gated community with fenced perimeter, cameras at gated entrances, paved roads; annual HOA $625/year includes structural insurance
Overview
The site operates as a gated community with fenced perimeter access and cameras at each gated entrance. Paved roads serve the property, and the annual HOA is stated as $625/year and includes structural insurance.
For buyers seeking flexible use space, these warehouse-style units can function as shop or storage configurations, with the ability to co-join units for larger footprints when needed. Multiple units are available within the community, supported by on-site access control, paved circulation, and unit-ready utility and lighting features.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.2k | $13.20 |
| − Vacancy | −$1.4k | −$1.19 |
| EGI | $13.8k | $12.01 |
| − OpEx | −$4.8k | −$4.20 |
| NOI | $9.0k | $7.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.6104841
- Latitude
- 45.7578788