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Redevelopment Land for Mixed Use
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121 W Olive St, Fort Collins, CO 80524

Two-lot redevelopment site with Transit-Oriented Development overlay allowing up to 79,000 SF for apartments and/or mixed use.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market119

Property Features for 121 W Olive St

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Multifamily, Mixed Use, Senior Living
Listing Agency: CBRE - Fort Collins
Listed By: Annah Moore · License #CO40022278
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 1:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Fort Collins

Investment Insights

Based on property information with market context.

CBRE presents a re-development opportunity consisting of two lots totaling 32,600 SF at 121 W Olive Street and 120 W Magnolia Street in Fort Collins’ Old Town. The site is well suited for apartment and/or mixed use development, with developers able to construct up to 79,000 SF on the property.

The property is located within the Transit-Oriented Development overlay, which supports a lower parking ratio to allow for more units to be constructed. The site sits directly on the Max Transit Line, with street parking available surrounding the development. It also offers walkability and proximity to Colorado State University, with a reported walking score of 96 and biking score of 100.

This offering represents the only multi-family development site available for a fee interest in Old Town Fort Collins, positioned in the heart of historic Old Town and surrounded by restaurants, breweries, outdoor activities, and shopping.

Key Highlights

  • Two‑lot redevelopment opportunity at 121 W Olive St and 120 W Magnolia St in Fort Collins’ Old Town
  • Total site size of 32,600 SF with development capacity up to 79,000 SF for apartment and/or mixed‑use development
  • Within the Transit‑Oriented Development overlay, allowing a lower parking ratio to support more units

Property Analytics

Current Use

hotel Hotel & Motel Bohlender Funeral Chapel Social Service Agency

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Bakery Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,706
Businesses Nearby

Demographics for 80524, CO

39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-lot redevelopment site with Transit-Oriented Development overlay allowing up to 79,000 SF for apartments and/or mixed use.
Where is this residential land & home lot located?
The property is located at 121 W Olive St Fort Collins, CO.
What are key features of this property?
This property features: Two‑lot redevelopment opportunity at 121 W Olive St and 120 W Magnolia St in Fort Collins’ Old Town; Total site size of 32,600 SF with development capacity up to 79,000 SF for apartment and/or mixed‑use development; Within the Transit‑Oriented Development overlay, allowing a lower parking ratio to support more units
(970) 227-0035 Call to check price and availability
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