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RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 [email protected] Ryan...

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3665 John F. Kennedy Pkwy, Bldg 2, Suite 202 Fort Collins, CO 80525 +1 970 663 3150 naiaffinity.com For more information : Jake Hallauer, CCIM +1 970 663 3150 [email protected] Ryan Schaefer +1 970 663 3150 [email protected] LEMAY AVENUE TRILBY ROAD SOUTHRIDGE GOLF COURSE FOSSIL CREEK COMMUNITY PARK ROBERT BENSON LAKE 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 COLLINDALE GOLF COURSE LOVELAND 2± MILES PLANNED - 180 APARTMENT UNITS HARMONY ROAD 2 ± MILES COLLEGE AVENUE AVAILABLE FOR SALE (TOGETHER OR SEPARATELY) WATER’S WAY PARK SITE A 33.50± Acres AVAILABLE SITE B 19.15± Acres N
Transcript
Page 1: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 3150 [email protected]

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

Page 2: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 [email protected]

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.

Page 3: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 3150 [email protected]

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.

Page 4: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 [email protected]

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.

Page 5: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 3150 [email protected]

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.

Page 6: RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND … · +1 970 663 3150 jakeh@affinityrepartners.co Ryan Schaefer +1 970 663 3150 rynsffinityrepartners.com 1-MILE 3-MILES 5-MILES 2018 Est.

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 [email protected]

Ryan Schaefer+1 970 663 [email protected]

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


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