See all 19 photos
$5,995,000
Est. payment /mo
8.24 Acres Lot
Price Dropped by $505K
TBD Thomas DR Bozeman, MT 59718
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Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 401678
Annual Tax Amount $23,765
Tax Year 2024
Lot Size 8.240 Acres
Acres 8.24
Property Sub-Type Building
Property 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 2025. 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!
Location
State MT
County Gallatin
Area Bozeman City Limits
Direction 19th to Baxter to Thomas
Interior
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Septic Available, Water Available
Water Access Desc Public,Well
Building
Sewer Public Sewer, Septic Tank
Water Public, Well
Others
Tax ID 000RFG8580
Ownership Full
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None
Listed by Michael Blevins Real Estate