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29369760
29369761

1143 Thomas Dr, Bozeman, MT 59718 For Sale

MB
RRE-LIC-BRO-70920
Michael Blevins Real Estate
Listed by Michael Blevins Real Estate
$4,299,000
174 days on market
Updated 39 days ago

Thomas @ 27th

Details
Property Type Land, Multifamily
Sub Type Apartment Building, Commercial (+1)
Price Per Acre $606,674
Broker Co-Op Yes
Acreage 8.240
Zoning REMU
Investment Type Redevelopment
Sale Condition Distressed

Prime development opportunity in Bozeman, MT - partially entitled!!

Marketing description

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2026. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!

Investment highlights

• 8.24 Acres of prime development land off the desirable N 19th corridor in beautiful Bozeman, MT

• Preliminary entitlements for 220+ Units, with wetlands 404 water study, utility viability, engineering and traffic studies

• 3 points of ingress and egress

• City planned improvements to expand Thomas Dr and covert to a divided median N 27th

• Two rounds of city applications completed and nearing shovel ready

Listing Contacts

MB
RRE-LIC-BRO-70920
Michael Blevins Real Estate
Listed by Michael Blevins Real Estate

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