201 Harmony Rd Fort Collins, CO 80525
- Retail properties
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 201 Harmony Rd
- Lot size
- 1.00 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.075
- Latitude
- 40.5235
