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2427 College Ave Fort Collins, CO 80525

OFF-MARKET Retail properties & Spaces Google Maps
30,260 SF 3.32 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 30,260 square foot restaurant property, known as South College Shops, is located at 2427-2451 South College Avenue in Fort Collins, Colorado, 80525, within Larimer County. The single-story building sits on a 3.32-acre lot and was renovated in 2024. It's zoned C – Commercial (City of Fort Collins). The land value is estimated at $500-$550 per square foot. Ample parking is provided, with a ratio of 110 spaces per 1,000 square feet. This prime location benefits from significant development activity. A King Soopers grocery store is under construction directly adjacent to the south, anticipated to open by the end of 2024. A proposed Edison multi-family development with 224 apartment units is planned immediately to the north. Furthermore, a national bank is proposing redevelopment directly to the east. The proximity to Colorado State University, approximately one mile away, with its 24,433 undergraduate students, ensures a substantial and consistent customer base. This presents a unique opportunity for a restaurant operator to establish themselves in a thriving and rapidly developing area of Fort Collins.

Property profile

Verified
Property type Retail properties & Spaces
Total area 30,260 SF
Lot 3.32 ac (144,619 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Spa & Massage Center
  • Hair Salon Nail Salon

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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