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    947 Prospect Rd Fort Collins, CO 80525

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    For Sale
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    1.07 Acres, High Visibility, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.07-acre commercial land parcel presents a unique investment opportunity in Fort Collins, Colorado. Strategically located at the southwest corner of Prospect Road and Lemay Avenue, this property boasts exceptional visibility and accessibility, with over 50,000 vehicles passing the intersection daily. Its prime location within Larimer County offers strong residential density and proximity to Colorado State University, just a five-minute drive (1.5 miles) west. The site is ideally suited for a variety of commercial uses, including banks, coffee shops, and medical facilities; however, gas/convenience stores are restricted by zoning regulations. This property is zoned within the Neighborhood Commercial District, providing flexibility for development. The address is 947 E Prospect Rd, Fort Collins, CO 80525. This is a rare chance to acquire a highly visible and well-situated parcel in a thriving Colorado community. The property's central location and high traffic counts make it an attractive proposition for businesses seeking strong exposure and convenient access. Don't miss this chance to secure a prime piece of Fort Collins real estate.

    Property Features for 947 Prospect Rd

    General Information

    Property type
    Land
    Lot Size
    46,609 SF

    HighLights

    • 1.07‑acre commercial land parcel in Fort Collins, CO.
    • High‑visibility location at the southwest corner of Prospect and Lemay Roads, with excellent access and over 50,000 cars daily.
    • Five‑minute drive to Colorado State University.
    • Ideal pad site for banks, coffee shops, or medical facilities; gas/convenience stores restricted.
    • Zoned Neighborhood Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0585842
    Latitude
    40.5668527

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    FAQs

    What type of property is this?
    Land - 1.07 Acres, High Visibility, Prime Location
    Where is this land located?
    The property is located at 947 Prospect Rd Fort Collins, CO.
    What are key features of this property?
    This property features: 1.07-acre commercial land parcel in Fort Collins, CO.; High-visibility location at the southwest corner of Prospect and Lemay Roads, with excellent access and over 50,000 cars daily.; Five-minute drive to Colorado State University.
    (303) 694-6082
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    947 Prospect Rd Fort Collins, CO 80525
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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
    947 Prospect Rd Fort Collins, CO 80525
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