OPPORTUNITY IN
ONE OF MONTANA’S FASTEST-GROWING MARKETS
Portal Thermaculture
Total Acreage: ±2
Zoning: NEMU
Primary Use: Mixed-Use
Status: Pending Pre-Plat Approval
Opportunity to acquire a well-located infill development site in Bozeman’s Northeast Neighborhood, one of the city’s most active areas of redevelopment and neighborhood investment.
The approximately ±2-acre property is zoned NEMU (Northeast Neighborhood Mixed Use), which supports a range of residential, mixed-use, and neighborhood commercial uses. The site offers flexibility for a future buyer to pursue a variety of development strategies depending on market conditions and development objectives.
Located along Peach Street within close proximity to downtown Bozeman, the property sits within a rapidly evolving neighborhood characterized by a growing mix of housing, neighborhood retail, restaurants, and local businesses.
The surrounding area continues to see new investment and redevelopment activity, including nearby mixed-use projects and the anticipated transition of adjacent industrial properties to higher-intensity urban uses. Most notably, the expected relocation of the Simkins-Hallin Lumber operation will unlock more than 10 acres of adjacent land for future mixed-use redevelopment, which could significantly increase residential density and neighborhood activity in the immediate area.
With flexible zoning, strong demographic growth, and continued neighborhood investment, the Bronken’s site represents a compelling opportunity for developers seeking a well-positioned infill project in one of Montana’s fastest-growing markets.
The City of Bozeman is anticipated to adopt an updated Unified Development Code (UDC) effective October 1, 2026, which is expected to materially increase the development potential of this site.
The updated UDC enhances an already valuable parcel, and positions early buyers to capture the full benefit of the code change.
A preliminary feasibility study is available upon request.
±2 acre infill development site
Zoned NEMU–Northeast Neighborhood Mixed Use
Flexible residential and mixed-use development potential
Located in Bozeman’s Northeast Neighborhood redevelopment corridor
Walkable proximity to downtown Bozeman
Surrounded by active neighborhood investment
Benefiting from anticipated 10+ acre redevelopment nearby
Strong population and housing demand in Gallatin County
One of the fastest growing cities in the United States: Bozeman is the fourth largest city in Montana and the fastest growing Micropolitan Statistical Area in the United States in 2018, 2019, and 2020.
17,740 People moved to Bozeman since 2010 - 45.8% population growth.
46% Future 10-Year job growth.
Pent-up demand for real estate, due to the increasing popularity of Bozeman as a relocation destination and as a popular college town.
124,974
Gallatin Valley’s population has increased by nearly 20 percent in the past 5 years, with population projections suggesting a continued increase of another 8% by 2027. Increased numbers of college students attending school at MSU for in-demand engineering and tech degrees, along with the substantial growth in tech companies migrating to the area, have contributed significantly to this robust population boom. Currently, over 16,900 students attend MSU.
