Description
PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY IN BOZEMAN An exceptional opportunity to acquire a 0.91-acre development parcel in a rapidly growing area of Bozeman. With city services available to the lot, strong multi-family development potential, and impressive mountain views, this property offers an outstanding combination of location, infrastructure, and future potential. The property is currently zoned RC (formerly R-4) and was previously approved for a 20-unit apartment building. While those permits have since expired, the prior approval demonstrates the site's development potential. With Bozeman's updated zoning designations, there may also be an opportunity to pursue greater density, subject to current City of Bozeman zoning, development standards, and approval. Significant due diligence has already been completed, including percolation testing and soil work, which can convey to the buyer and may provide valuable information as they evaluate future development plans, and expedite the development process. The location is difficult to beat. The property is close to the new Billings Clinic medical facility, nearby retail, shopping, services, and is just seconds from a neighborhood park. North 27th Avenue is currently undergoing substantial improvements, including new street improvements, curbing, and lighting, further enhancing access and the surrounding area. The site also enjoys beautiful mountain views, adding another desirable feature for a future residential development. With nearly an acre of land, city services, previous approval for a 20-unit apartment project, completed soil work, excellent proximity to medical and retail amenities, and potential for increased density under updated zoning, this is one of the area's most compelling multi-family development opportunities. Bring your development vision and take advantage of the growth happening in this highly desirable Bozeman location.
Details
| MLS # | 413920 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 49 |
| Listing Provided By | Bozeman Real Estate Group | Jim Applebee |
Features
| Zoning | RC |
|---|---|
| Acreage | 0.91 |
| Property View | Yes |
Exterior
| Lot Features | Level |
|---|
Taxes
| Tax Annual Amount | 3742.68 |
|---|
Area Information
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1NW Boz N of Main | W of 19th |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,000,000 low | high Med: $539,900 On site: 49 low | high Med: 134 | |
Market Activity 59718
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Learn More About This Property
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1NW Boz N of Main | W of 19th |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,000,000 low | high Med: $539,900 On site: 49 low | high Med: 134 | |
