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Bozeman Infill Development Site
For Sale
$5,000,000

L Street & Story Mill Road, Bozeman, MT 59715

COMMERCIAL - Bozeman, MT

Property SizeContact for details
Lot Size24.28 Acres
Days on Market314

Property Features for L Street & Story Mill Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Call Listing Agent for Details
Subdivision Northern Pacific Addition
Lot features Level
Directions North on Wallace and cross under the 1-90 underpass. Property begins on the East side of L Street and continues on the West side of L Street/Story Mill until the City Park. Please see property map.
Standard status Active
APN 000RGH5147
Lot size 24.28 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Multiple Contact Listing Agent
Tax Annual Amount 132
Legal Description Multiple Contact Listing Agent

Utilities

Water front features River Access, River Front, Creek
Water front 1
Listing Agency: bozehome + co Real Estate
Listed By: Nolan Campbell · License #BRO-61547
Added: Oct 1, 2025 Changed: Aug 4 Last Checked: Aug 10 at 5:06PM
MLS# 409696

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a large infill development site located in close proximity to Downtown Bozeman. The site totals over 24 acres and has completed all annexation and zone map amendment requirements, fully incorporating it into the City of Bozeman. The northernmost parcels along L Street are zoned R-B. The southernmost parcel, approximately 6.9 acres, is currently zoned M-1 and is located within the Pole Yard Urban Renewal District, potentially qualifying for TIF reimbursement. Located in Census Tract: 30031000600, the properties may also qualify for LIHTC funding. More information is available for qualified investors and developers.

Key Highlights

  • Largest remaining infill development site near Downtown Bozeman (over 24 acres).
  • Fully incorporated into the City of Bozeman with completed annexation and zone map amendment requirements.
  • Southernmost parcel (~6.9 acres) zoned M‑1 and located within the Pole Yard Urban Renewal District, potentially qualifying for TIF reimbursement.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 59715, MT

37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 24+ acre development site near Downtown Bozeman.
Where is this commercial land located?
The property is located at L Street & Story Mill Road Bozeman, MT.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Largest remaining infill development site near Downtown Bozeman (over 24 acres).; Fully incorporated into the City of Bozeman with completed annexation and zone map amendment requirements.; Southernmost parcel (~6.9 acres) zoned M‑1 and located within the Pole Yard Urban Renewal District, potentially qualifying for TIF reimbursement.
More about this property
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