59718 Westlake Rd Bozeman Mt, Bozeman, MT 59718
This exceptional 15.99-acre development opportunity is located in Bozeman, Montana, at the northeast corner of Westlake Road and Davis Lane, just south of Interstate 90. The property, identified by APN 06-0904-26-2-03-01-0000, is zoned R-5, allowing for high-density residential development with compatible commercial uses. This prime location offers convenient access to Bozeman's central business district (approximately 4.7 miles away) and Bozeman Yellowstone International Airport (BZN, 6 miles south). The site benefits from full utilities and is situated near key amenities including grocery stores, retail, and dining options within a 2-3 mile radius. Its proximity to the recently opened Billings Clinic further enhances its appeal. Surrounded by six mountain ranges, including the Big Belt and Gallatin Mountains, the property provides residents with unparalleled access to outdoor recreation. This fee simple ownership presents a unique chance to capitalize on Bozeman's rapid growth and high demand for residential housing. The R-5 zoning allows for a variety of housing types and residentially supportive commercial uses, creating a walkable, community-oriented development. This is a rare opportunity to develop in one of the fastest-growing cities in the United States.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.