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8/4/2019 Fort Collins Development Opportunity
1/8
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
8/4/2019 Fort Collins Development Opportunity
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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
8/4/2019 Fort Collins Development Opportunity
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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]
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.
8/4/2019 Fort Collins Development Opportunity
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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]
Larimer County Tax Parcel MapParcel #9614413006
Larimer CountyAssessor Parcel MapClose-up with Measurements
SITE
PARCEL MAPS
8/4/2019 Fort Collins Development Opportunity
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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]
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
8/4/2019 Fort Collins Development Opportunity
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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]
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
8/4/2019 Fort Collins Development Opportunity
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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]
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
8/4/2019 Fort Collins Development Opportunity
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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]
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