fort collins development opportunity

8/4/2019 Fort Collins Development Opportunity

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Benjamin Cornali1220 South College Avenue

Fort Collins, CO 80525

Cell: 970-310-3652 Email: [email protected]

DEVELOPMENT OPPORTUNITY3.86 ACRESNW Corner of Triangle Dr & Hwy 287, Fort Collins, CO

LAND PRICE:$490,000 ($2.91/sq ft)

LEGAL DESCRIPTION:TR F, SHENANDOAH PUD, FIL 1, FTC

LOCATION:Located on the northwest corner of Triangle

Drive & Hwy 287, on the south side of FortCollins midway between Downtown Fort Collinsand Loveland, CO. Overlooks Robert BensonLake and mountain views across South CollegeAvenue.

ZONING:Medium Density Mixed-Use NeighborhoodDistrict (MMN) This zoning allows for both

single and multi-family residential dwellings andsome commercial uses, including but notlimited to offices, service shops, group homes,child care centers, restaurants, etc.

FEATURES:3.86 acres (168,142 SF) with frontage on bothTriangle Drive and South College Avenue.

Prime location for easy access to both FortCollins and Loveland, CO. Lots of recentdevelopment behind this parcel with manyhomes built within last 10 years.

WATER:Fort Collins/Loveland District Water: 1 irrigationtap installed.

Information contained herein is not guaranteed. Buyer and Seller areadvised to verify all information. Price, terms and information

are subject to change.

LARIMER COUNTY PARCEL #96144-13-006


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Ben Cornali, Keller Williams Realty of NOCO, 1220 South College Avenue, Fort Collins, CO 80524

Tel: 970-310-3652 Email: [email protected]

PHOTOS

View from parcel overlooking Robert Benson Lake

View from across Triangle Drive

View from across South College Avenue (Hwy 287)

Utilities Information:

Water: FC/LVLD District: 1 irrigation tap has been installed. Sewer tap needed.

Electricity: City of Fort Collins

Gas: Xcel Energy


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STREET MAP

STREET MAPS

Fort Collins

SITE

Loveland

SITE

Strategically located midway between DowntownFort Collins & Loveland with high visibility on

South College Avenue (Hwy 287).

Lots of new construction behind this sitemanyhomes less than 10 years old.


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Larimer County Tax Parcel MapParcel #9614413006

Larimer CountyAssessor Parcel MapClose-up with Measurements

SITE

PARCEL MAPS


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CITY OF FORT COLLINS ZONING MAP

SITE

Zoning for this property is MediumDensity Mixed-Use NeighborhoodDistrict (MMN). Some of the permit-ted uses subject to administrativereview include:

Residential Single and Multi-Family

Residential Mixed use dwellings Group homes (up to 8 people) Rental houses with more than 5

tenants

Commercial Places of worship Public & Private Schools Bed & Breakfast establishments Convenience retail stores Child care centers

Additional uses are permitted subjectto Planning & Zoning Board review,including but not limited to:

Long-term care facilities Personal & business shops Offices, financial services, clinics

For more detailed zoning and plan-ning info see:www.colocode.com/ftcollins/landuse/begin.htm#top

http://www.fcgov.com/developmentreview


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COMPARABLE PROPERTIES

RECENT SALES(In order by $ per SF)

COMPARABLE PROPERTIESSOLD

Address Acreage Sale Price $ per acre Sq Footage $ per SF Sold date

SITE PROPERTY

NW corner of Triangle Dr & Hwy 287 3.86 $ 490,000.00 $ 126,943 168,142 $ 2.91 Active

6705 S College Ave 4.50 $ 645,000.00 $ 143,333 196,020 $ 3.29 4/19/2011

Pond View Ct & Hidden Pon Dr 5.49 $ 900,000.00 $ 163,934 239,144 $ 3.76 2/25/2010

Fossil Creek Pky 2.14 $ 410,000.00 $ 191,589 93,218 $ 4.40 5/14/2010

7301 SW Frontage Rd 5.11 $ 1,000,000.00 $ 195,733 222,548 $ 4.49 4/18/2011

Averages 4.31 $ 738,750.00 $ 173,647 187,733 $ 3.99


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COMPARABLE PROPERTIES

CURRENTLY ON THE MARKET(In order by $ per SF)

COMPARABLE PROPERTIESACTIVE

Address Acreage List Price $ per acre Sq Footage $ per SF DOM

SITE PROPERTY

NW Corner of Triangle Dr & Hwy 287 3.86 $ 490,000.00 $ 126,943 168,142 $ 2.91

Commercial MLS

6815 S College Ave 4.00 $ 479,000.00 $ 119,750 174,240 $ 2.75 363

NW of E Drake Rd and Timberline Rd 5.46 $ 784,080.00 $ 143,604 237,838 $ 3.30

SE of W Harmony Rd and S Taft Hill Rd 4.45 $ 750,000.00 $ 168,539 193,842 $ 3.87

SW of Triangle Dr and College Ave 3.40 $ 595,000.00 $ 175,000 37,190 $ 16.00

NW of E Horsetooth Rd and Stanford Rd 3.55 $ 625,000.00 $ 176,255 154,474 $ 4.05 146

2700 S Lemay Ave 11.20 $ 2,439,360.00 $ 217,800 487,872 $ 5.00

115 Hickory St 3.84 $ 919,987.00 $ 239,455 167,342 $ 5.50 166

SW of Mulberry and Greenfields Ct 3.08 $ 800,000.00 $ 259,740 134,165 $ 5.96SW of Triangle Dr and College Ave 1.00 $ 290,000.00 $ 290,000 43,560 $ 6.66

Residential MLS

TBD Bristlecone Dr. 3.85 $ 402,900.00 $ 104,649 167,748 $ 2.40 543

A/B 2800 Taft Hill Rd 4.51 $ 635,000.00 $ 140,798 196,020 $ 3.24 785

Hobbit and Prospect 3.17 $ 850,000.00 $ 268,139 138,085 $ 6.16 155

Averages 4.29 $ 797,527.25 $ 191,978 177698 $ 5.41 360


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GENERAL FORT COLLINS INFORMATIONCommunity Gateway Site: Website: http://www.ftcollins.com/Convention & Visitors Bureau: Website: http://visit.ftcollins.com/Poudre Valley Hospital System Website: http://www.pvhs.org

BUSINESS RESOURCESChamber of Commerce Website: http://www.fcchamber.org

City of Fort Collins Economic Health Office Website: http://www.fcgov.com/businessDowntown Business Association Website: http://www.downtownfortcollins.com/Downtown Development Authority Website: http://www.downtownfortcollins.org/Enterpreneurial Support Website: http://www.fortcollinsinnovation.com/Larimer County Business & Enterprise Website: http://www.lcbe.orgNorthern Colorado Economic Development Ctr Website: http:/www.ncedc.comRocky Mountain Innosphere Website: http://www.rmi2.orgUniverCity Connections Website: http://www.univercityconnections.orgUrban Renewal Authority Website: http://www.renewfortcollins.com

EDUCATIONPoudre School District Website: http://www.psd.k12.co.us/Colorado State University Website: http://www.colostate.eduFront Range Community College Website: http://www.frontrange.edu/

CITY OF FORT COLLINSCity of Fort Collins Website: http://www.fcgov.com

LARIMER COUNTY

Larimer County Website: http://www.co.larimer.co.us/

STATE OF COLORADOState of Colorado Website: http://www.state.co.us/

INFORMATIVE INTERNET WEBSITES FOR

FORT COLLINS, LARIMER COUNTY AND STATE OF COLORADO

INFORMATIVE INTERNET WEBSITES

fort collins development opportunity

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