Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Pass Bozeman, MT 59715

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Montana commercial land, stunning views.

    Property Features for 0 Pass

    General Information

    Property type
    Land
    Lot Size
    3,156,793 SF

    We can help!

    Listing Contact
    Charlotte Durham
    Charlotte Durham

    Listing Agent: Charlotte Durham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 72.47-acre parcel presents a unique investment opportunity in the highly desirable North Pass Ranch community, located just 15 minutes from downtown Bozeman, Montana. Situated within a gated, luxury ranch community encompassing over 1500 acres, this property offers breathtaking views, lush meadows, and the tranquility of a secluded mountain oasis. The asking price is $2,850,000. North Pass Ranch boasts an array of amenities designed for a luxurious lifestyle, including a full-time ranch manager, stocked ponds perfect for fishing and casting lessons, and over 10 miles of developed trails. The property's address is Parcel 11 North Pass, Bozeman, MT 59715, and its location provides both privacy and convenient access to the vibrant city of Bozeman. This expansive land parcel presents significant potential for various commercial ventures, capitalizing on the area's growing popularity and the exclusive setting of North Pass Ranch. The property is zoned for commercial use (verification required). The unique combination of natural beauty, upscale amenities, and proximity to Bozeman makes this a truly exceptional commercial land offering. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -110.86594
    Latitude
    45.69464

    Nearby Similar for Sale

    • $550,000
      17,280 SF

      Established Archery Shop Opportunity

      Profitable archery shop with building for sale in Bozeman.
      77 Laura Louise Ln, Bozeman, MT 59718
      View Details
    • $859,555
      2,671 SF

      Versatile Mixed-Use Commercial Property

      Flex space with commercial and residential potential near Jackrabbit Crossing.
      2605 Fremont St, Bozeman, MT 59718
      View Details
    • $39,900

      Established Photography Business in Bozeman

      Turnkey photography business for sale in downtown Bozeman, Montana.
      111 S Grand Ave, Bozeman, MT 59715
      View Details
    • $2,300,000
      1,469 SF

      Bozeman Acreage with Water Features

      33+ acres near Bozeman with residential and land-use possibilities.
      3 Mallard Ln, Bozeman, MT 59718
      View Details
    • $885,300
      2,751 SF

      New Live Work Condo Complex

      Live/work condo with commercial space and residential area in Bozeman.
      2603 Fremont St, Bozeman, MT 59718
      View Details
    • New
      $2,695,000

      Bozeman Triplex: Historic Charm, Income

      Unique triplex in historic Bozeman, near Main Street and MSU.
      419 S 3Rd Ave, Bozeman, MT 59715
      View Details
    • $839,000
      0.20 Acres

      Bozeman Duplex with Income Potential

      Duplex in Bozeman, suitable for various living arrangements.
      867 Longbow Ln, Bozeman, MT 59718
      View Details
    • $849,000
      Pending

      Bozeman Duplex Near Montana State

      Versatile duplex near MSU, ideal for students or multi-generational living.
      1302 S 3Rd Ave, Bozeman, MT 59715
      View Details
    • $1,200,000
      0.17 Acres

      Two Homes in Bozeman

      Two homes on three city lots near downtown Bozeman.
      605 N Grand Ave, Bozeman, MT 59715
      View Details
    • New
      $1,745,000

      Bozeman Multifamily Investment Opportunity

      Well-maintained multifamily property near downtown Bozeman and Montana State University.
      516 W Olive St, Bozeman, MT 59715
      View Details
    • New
      $2,390,000
      Pending

      Bozeman Fourplex in Cattail Creek

      Well-appointed fourplex in Bozeman's desirable Cattail Creek neighborhood.
      3123 Warbler Way, Bozeman, MT 59718
      View Details
    • $895,000
      0.29 Acres

      Retail Space in Valley West

      New commercial development with high exposure and neighborhood accessibility.
      Tbd, Bozeman, MT 59718
      View Details

    FAQs

    What type of property is this?
    Land - Prime Montana commercial land, stunning views.
    Where is this land located?
    The property is located at Pass Bozeman, MT.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: $2,850,000 asking price.; 72.47-acre commercial land parcel.; Located in Bozeman, Montana, zip code 59715, Gallatin County.
    (406) 581-8891 Call to check price and availability
    Request Owner's contact information
    Pass Bozeman, MT 59715
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Pass
    Bozeman, MT 59715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pass Bozeman, MT 59715
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charlotte Durham
    Charlotte Durham
    Real Estate License ID: 52545
    (406) 581-8891 (303) 909-8373
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!