Available
Multifamily
Lot 1 at Urban + Farm is a ±1.40-acre development site designed to support higher-density residential growth. Positioned south of Mayfly, this site benefits from two conceptual plans created by SMA Architecture + Design. The proposed layouts include a mix of 33 residential units, available in both a three-story configuration with 71 parking spaces and a four-story option with 75 parking spaces plus 1,000 square feet of ground-floor retail.
The unit mix includes one-bedroom + den, two-bedroom, and three-bedroom options, making it a versatile investment opportunity. With seamless access to Bozeman’s retail and recreational amenities, Lot 1 is a strong candidate for those looking to develop a modern, walkable residential community.
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Property Details:
| Size | 1.4 +/- Acres |
| Zoning | B-2M |
| Use | Multifamily |
| Units | 33 total |
| Density | 24 Units Per Acre |
| Status | Fully platted with conceptual plan |
Fallon Lot 1 – Option 1:
| Buildings | 1 |
| Stories | 3 |
| Parking | 71 total spaces, 42 carports, 29 surface spaces |
| Parking Ratio | 2.2 spaces per unit |
| Retail SQFT | None |
Fallon Lot 1 – Option 2:
| Buildings | 1 |
| Stories | 4 |
| Parking | 75 total spaces, 33 detached garages, 28 surface spaces, 14 tuck-under garages |
| Parking Ratio | 2.2 spaces per unit |
| Retail SQFT | 1,000 |
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Development Highlights
- Flexible Development Options: Residential offerings include detached single-family, attached single-family, multifamily, affordable, and age-restricted housing, while commercial opportunities range from office and retail to hospitality and civic projects.
- Strategic Location: Situated minutes from Montana State University (6 minutes), downtown Bozeman (8 minutes), and Bozeman Yellowstone International Airport (20 minutes), with direct access to major employment and recreational hubs.
- High-Traffic Visibility: Huffine Lane sees approximately 30,000 vehicles per day, ensuring significant exposure for commercial developments.
- Turnkey Development Potential: Seller-executed infrastructure allows for rapid construction timelines, with construction-ready pad sites available for immediate development.
- Planned Community Amenities: 16.2± acres of parks and open space, a recreation and wellness center, a vertical farm, and an on-site fire station enhance long-term livability and sustainability within the development.
- Strong Market Demand: Bozeman continues to experience rapid population and employment growth, with increasing demand for high-quality residential and commercial space.
Urban + Farm is a rare opportunity to secure premier development land in Bozeman’s expanding west side. With strategic infrastructure, prime location, and an array of development options, this is an unparalleled offering for investors and developers looking to establish a presence in one of Montana’s most dynamic markets.
