Insulated Flex Space with Garage
For Sale
$113,000
8103 Rosebud Drive Unit 25A, Billings, MT 59106
Each unit includes a natural gas heater, reinforced concrete floor, and access to shared community bathrooms.
Property Size1,152 SF
Price / SF$98.09
Days on Market11
Property Features for 8103 Rosebud Drive Unit 25A
General Information
Standard status
Active
Size
1,152 SF
Additional Details
Fenced Yard
Yes
Amenities
Community Bathrooms
Gated community
Perimeter is fenced with Cameras on each Gated entrance
Paved roads
Building Details
Construction
steel frame
Listing Agency:
eXp Realty, LLC - Billings
(406) 578-4399
Listed By:
Jana May · License #RRE-BRO-LIC-63128
(406) 633-1655
Source:
Mymontanahomestead
Added: Sep 26
Changed: Oct 2
Last Checked: Oct 5 at 6:06PM
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
Investment Insights
Based on property information with market context.
The flex space is offered in 1,152-square-foot units, each measuring 24 by 48 feet. Units can be joined to create larger layouts. Each has a 14-by-14-foot garage door with an electric opener, a steel entry door, a natural gas hanging heater, four LED ceiling lights, and six 110V outlets. The units have R-41 ceiling insulation and white metal interior wall liners, set over a 5-inch rebar-reinforced concrete slab.
The property at 8103 Rosebud Drive in Billings is within a gated, fenced community with cameras at each gated entrance. Paved roads serve the site, and community bathrooms are available.
The property at 8103 Rosebud Drive in Billings is within a gated, fenced community with cameras at each gated entrance. Paved roads serve the site, and community bathrooms are available.
Key Highlights
- 1,152‑square‑foot units with options to join adjoining spaces
- Each unit has a 14‑by‑14‑foot garage door with electric opener
- 5‑inch rebar‑reinforced concrete slab
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.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Under-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
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
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Frequently Asked Questions
What type of property is this?
Flex space - Each unit includes a natural gas heater, reinforced concrete floor, and access to shared community bathrooms.
Where is this flex space located?
The property is located at 8103 Rosebud Drive Unit 25A 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 with options to join adjoining spaces; Each unit has a 14‑by‑14‑foot garage door with electric opener; 5‑inch rebar‑reinforced concrete slab
