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3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150 jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150 ryans@affinityrepartners.com
LEMAY AVENUE
TRILBY ROAD
SOUTHRIDGE GOLF COURSE
FOSSIL CREEKCOMMUNITY PARK
ROBERT BENSONLAKE
RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND OPPORTUNITY
SITE SIZE
Site A: 33.50± Acres Site B: 19.15± Acres Total: 52.65± Acres
SALE PRICE
Site A: $2,250,000 Site B: $1,660,000 Total: $3,910,000
Site A: $1.54 psf or approx.$11,250 / unit based upon 200 DU
Site B: $1.99 psf or approx.$11,067 / unit based upon 150 DU
ZONING LMN - Low Density Mixed-Use
TRANSIT STOP TO OLD TOWN
TIMBERLINE ROAD
HARMONY ROAD
6750 S. COLLEGE AVENUE, FORT COLLINS, COLORADO
HARMONY ROAD
COLLINDALEGOLF COURSE
LOVELAND2± MILES
PLANNED -180 APARTMENT
UNITS
HARMONY ROAD2± MILESC
OLLEG
E AV
ENU
E
AVAILABLE FOR SALE(TOGETHER OR SEPARATELY)
WATER’S WAYPARK
SITE A33.50± Acres
AVAILABLE
SITE B19.15± Acres
N
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150ryans@affinityrepartners.com
EXECUTIVE SUMMARY
THE SITES
Residential or commercial development sites for sale, located near the corner of College
Avenue and Trilby Road in south Fort Collins (“Sites”). This opportunity is rare due to the
scarcity of large tracts of land available within Fort Collins and may be ideal for single family
lot developers, homebuilders, apartment developers, or mixed-use developers. Sale of Site
A includes house and outbuildings on the site. Property is currently leased.
AREA INFORMATION
• LOCATION: The site is located along College Avenue with quick access to HarmonyRoad and just minutes from Loveland.
• POPULATION: Fort Collins is the largest city in Northern Colorado with a population ofapproximately 165,000.
• COLORADO STATE UNIVERSITY (“CSU”): Enrollment exceeds 33,000 students withapproximately 6,700 faculty and staff members and is one of the largest employers inFort Collins.
• MAJOR EMPLOYERS: HP, Intel, Broadcom, Comcast, CSU, Woodward, New BelgiumBrewery, Odell Brewing Co., Otter Box, City of Fort Collins, Larimer County, and more.
• NEARBY AMENITIES: Extensive dining and entertainment options in south Fort Collins.Fossil Creek Park, Southridge Golf Course, Boyd Lake, and Horsetooth Reservoir are allin close proximity to the site.
PROPERTY HIGHLIGHTS• Minutes to Harmony Road, Max Transit stop, Fossil
Creek Park, Southridge Golf Course, City of Lovelandand more.
• Near an abundance of retailers, restaurants, medical,and employment on Harmony Road.
• Located approximately 3 miles from FrontRange Community College’s campus and 6.5±miles to Colorado State University’s campus.
• Quick access to Highway 392 leading to Interstate 25and Town of Windsor.
6750 S. COLLEGE AVENUE, FORT COLLINS, COLORADO
SITE SIZE Site A: 33.50± Acres Site B: 19.15± Acres
Total: 52.65± Acres
SALE PRICE
Site A: $2,250,000 Site B: $1,660,000
Total: $3,910,000Site A: $1.54 psf or approx.
$11,250 / Unit based upon 200 DU
Site B: $1.99 psf or approx.$11,067 / Unit based upon 150 DU
ZONING LMN - Low Density Mixed-Use
CURRENT MILL LEVY
Site A: 87.931 Site B: 87.437
UTILITIES In close proximity, and/or at, or adjacent to, Sites
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150 jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150 ryans@affinityrepartners.com
PROPERTY & ZONING INFORMATION
COLL
EGE
AVEN
UE
TRILBY ROAD
UTILITY INFORMATION:• WATER: 14” Water line in College Avenue adjacent to site 12” Water line in Trilby Road (see map below for approximate location) • SANITARY SEWER: 8” Sanitary sewer line in Trilby Road (see map below for approximate location)
Please note that other uses may be permitted administratively or by Planning and Zoning Board review and some of the uses listed are categorized as “secondary uses”. Please see the Fort Collins Land Use Code for a complete list of these uses and other important zoning standards. For Information from City of Fort Collins regarding permitted uses for L-M-N Zoning: Click Here
The site is zoned Low Density Mixed-Use Neighborhood District (L-M-N). The following are examples of uses permitted in the L-M-N District, subject to administrative review:
• Single-family detached dwellings.
• Single-family attached dwellings.
• Any residential use consisting in whole or in part of multi-family dwellings (limited to eight [8] or less dwelling units per building) that contain fifty (50) dwelling units or less, and seventy-five (75) bedrooms or less.
• Mixed-use dwellings.
• Child care centers.
• Places of worship or assembly with a building footprint which does not exceed a total of twenty-five thousand (25,000) square feet.
• Adult day/respite care centers.
The following are examples of uses permitted in the L-M-N District, Subject to Planning and Zoning Board review:
• Any residential use consisting in whole or in part of multi-family dwellings that contain more than eight (8) units per building, or more than fifty (50) dwelling units, or more than seventy-five (75) bedrooms.
• Long-term care facilities.
• Places of worship or assembly with a building footprint which exceeds a total of twenty-five thousand (25,000) square feet.
• Public and private schools for elementary, intermediate and high school education, and for vocational and technical training.
• Offices, financial services, clinics and artisan and photography studios.
ZONING:
SITE A
PROPERTY DETAILS:• PARCEL #: Site A: 9613200003 (Larimer County) Site B: 9613100001 (Larimer County)
• SITE SIZE: Site A: 33.5± Acres (1,455,350± SF) Site B: 19.15± Acres (834,174± SF) Total: 53.65± Acres (2,289,524± SF
• SALE PRICE: Site A: $2,250,000 (includes house and outbuildings) Site B: $1,660,000 Total: $3,910,000
• SCHOOL DISTRICT: Thompson School District
• ZONING DISTRICT: LMN - Low Density Mixed-Use Neighborhood
N
SITE B
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150ryans@affinityrepartners.com
CONCEPT LAND USE PLAN & LOCATION MAPC
OLLEG
E AV
ENU
E
CO
LLEGE A
VEN
UE
TRILBY ROADTIM
BER
LINE R
OA
D
SHIELD
S STREET
WashtimeCar WashCorkscrew Wine
& Liquor
NORTHERN COLORADO REGIONAL AIRPORT
N
HIGHWAY 392
FORT COLLINS
LOVELAND
HARMONY ROAD
SITE A ALTA Survey: click here
SITE A Full Size Land Concept Plan:
click here
LAND USE BREAKDOWN FOR SITE AAREA: GROSS 1,455,350 33.5± AC
DWELLING UNITS TYPE I BUILDINGS (7) X 8 du/bldg = 56 units TYPE II BUILDINGS (7) X 8 du/bldg = 56 units TYPE III BUILDINGS (4) X 8 du/bldg = 32 units = 144 units SINGLE FAMILY LOTS (23) X 2 du/lot = 46 units TOTAL 190 5.69 units/acre
PARKING PROVIDED GARAGE 144 spaces(FOR CONDOS ONLY) STANDARD 198 spaces TOTAL VEHICLES 342 Spaces 2.3 spaces/condo unit
AVAILABLE:52.65± ACRES
SITE A
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150 jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150 ryans@affinityrepartners.com
1-MILE 3-MILES 5-MILES
2018 Est. Population 8,577 46,421 134,515
2023 Projected Population 9,257 49,999 146,070
Average HH Income $114,473 $112,508 $97,152
Bachelor’s Degree or Higher 53.8% 57.9% 52.1%
Median Age 36.0 37.6 36.4
Source: Site To Do Business, February 2019
DEMOGRAPHICS
DEMOGRAPHICS AND ACCOLADES
FORT COLLINS ACCOLADES
FORT COLLINS HOUSING STATS
3.0% Apartment Vacancy (as of December, 2017 Source: Coloradoan. Click here for article)
Average Single Family Home Sale Price - $468,081Average Attached Home Sale Price - $308,834
(Prices reflect 2Q ‘18 |Source: The Group, Inc.)
Fort Collins is consistently recognized on “top and “best of lists.
• 5th Top Best Performing Cities: Milken Institute - Jan 2018
• 2nd Best Cities for Small Business Owners: ValuePenguin - Feb 2017
• No. 4 Community in Overall Well-Being, 2014-2015: Gallup Healthways - Feb 2016
• Top 3 Digital City: Govtech.com - Nov 2015
• Top 10 Best Metros for Female Entrepreneurs: Forbes - Oct 2015
• Ranked No. 4 Next Top 10 Cities for Tech Jobs: Fast Company - Jul 2015
• Ranked No. 9 of 2015’s “Top 10 Healthiest Cities”: Livability.com - Apr 2015
• No. 3 “50 Best College Towns to Live in Forever” list: College Ranker - Mar 2015
Fort Collins ranked within “Top 10 Rising Housing Markets” according to smartasset.com (May, 2018)
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150naiaffinity.com
For more information:
Jake Hallauer, CCIM+1 970 663 3150jakeh@affinityrepartners.com
Ryan Schaefer+1 970 663 3150ryans@affinityrepartners.com
Source: 2018 Book of Lists; Bizwest and Northern Colorado Economic Alliance
AREA EMPLOYMENTThe economy in Fort Collins is enriched with a diverse employment mix including: higher education, high-tech, healthcare, breweries, manufacturing, R&D and service-related fields. Many high-tech companies have relocated to Fort Collins due to the resources of Colorado State University and its prestigious research facilities.
Advanced Energy IndustriesAnheuser BuschBanner Health ColoradoBroadcom Ltd.City of Fort CollinsColorado State UniversityColumbine Health SystemsComcastGood Samaritan SocietyFront Range Community CollegeHewlett Packard
NOTABLE FORT COLLINS EMPLOYERS
IntelLarimer CountyMadwire/Marketing 360New Belgium Brewing Co.OtterBoxPoudre School DistrictQualfonUniversity of Colorado HealthWoodward, Inc.5)
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
UNEMPLOYMENT RATES:
NORTHERN COLORADO US COLORADO
DECEMBER, 2018
Source: Bureau of Labor Statistics