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    201 Harmony Rd Fort Collins, CO 80525

    Sponsored
    For Sale
    $3,500,000

    Prime Fort Collins multifamily & commercial site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.41-acre commercial development opportunity is situated at a high-traffic intersection in Fort Collins, Colorado, at 201 E Harmony Rd, 80525. The property, zoned within the Harmony Corridor District, presents a multitude of development possibilities. Currently approved for multifamily use with a density of 116 units, the site has also been conceptually planned for townhomes. The zoning allows for a diverse range of commercial uses, including hotels, daycares, veterinary/medical clinics, shopping centers, banks, and health clubs. The site's strategic location is surrounded by significant employment centers, schools, retail establishments, and recreational amenities. Its prominent position at the corner of East Harmony Road and South College Avenue ensures high visibility and accessibility. The property's size allows for flexibility, with the potential for division into smaller, one-acre lots. The asking price for this exceptional investment opportunity is $3,500,000, representing a price per unit of $30,172.41 for the currently approved 116 multifamily units. This presents a compelling opportunity for developers seeking a prime location with diverse development potential in a thriving Colorado market. The property is located in Larimer County.

    Property Features for 201 Harmony Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    43,560 SF

    Building Details

    Units
    116

    HighLights

    • 4.41‑acre commercial development site in Fort Collins, CO at 201 E Harmony Rd, zoned for multifamily (116 units approved) and various commercial uses.
    • High‑traffic intersection with excellent visibility and accessibility.
    • Approved uses include multifamily, townhomes, hotels, shopping centers, and daycares.
    • $3,500,000 asking price; $30,172.41 per approved multifamily unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0748144
    Latitude
    40.52351218

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    FAQs

    What type of property is this?
    Multifamily property - Prime Fort Collins multifamily & commercial site.
    Where is this multifamily property located?
    The property is located at 201 Harmony Rd Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 4.41-acre commercial development site in Fort Collins, CO at 201 E Harmony Rd, zoned for multifamily (116 units approved) and various commercial uses.; High-traffic intersection with excellent visibility and accessibility.; Approved uses include multifamily, townhomes, hotels, shopping centers, and daycares.
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    201 Harmony Rd Fort Collins, CO 80525
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    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
    201 Harmony Rd Fort Collins, CO 80525
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