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    2109 W Drake Rd Fort Collins, CO 80526

    For Sale
    $1,000,000

    Land with high-value zoning near CSU and Old Town.

    Property Features for 2109 W Drake Rd

    General Information

    Standard status
    Active

    Source: POWER OF 3 REAL ESTATE Agent CATHERINE MONTGOMERY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Fort Collins Development Opportunity

    This property presents a rare opportunity at the intersection of the Drake Crossing Shopping Center, offering zoning potential of MMN. The location benefits from high traffic counts, providing excellent visibility in the heart of Fort Collins. Situated less than 3 miles from Colorado State University (CSU) and 5 miles from Old Town, the land offers possibilities for mixed-use and residential development. The high-value zoning presents strong market potential, with potential development options including mixed-use, apartments, rowhouses, and commercial spaces with strong resale values. Currently, there is one curb cut on Taft Hill, with the potential for a second on Drake. The property is located near shopping and walking trails, and it provides bike-friendly access to outdoor destinations. It also features views of the foothills, including the Horsetooth Natural area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.1157945
    Latitude
    40.5525889

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    FAQs

    What type of property is this?
    Commercial land - Land with high-value zoning near CSU and Old Town.
    Where is this commercial land located?
    The property is located at 2109 W Drake Rd Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - High-value MMN zoning with strong market potential for mixed-use and residential development.; - Prime location at the Drake Crossing Shopping Center with high traffic counts and visibility.; - Close proximity to CSU (less than 3 miles) and Old Town Fort Collins (5 miles).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2109 W Drake Rd Fort Collins, CO 80526
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