1603 College Ave Fort Collins, CO 80524
- Commercial land
- 871 SF
- 0.38 lot acres
Current Use by Public Records
- Actual Verboten North / Bar
Property Details for 1603 College Ave
- Year built
- 1941
- Construction
- WOOD FRAME
- Lot size
- 0.38 lot acres
- Property size
- 871 SF
- Property type
- Commercial land
- APN
- 97021-00-012
- APU
- 9702100012
Description
This exceptional 0.75-acre commercial land parcel, located at 1603-1605 North College Avenue in Fort Collins, Colorado (zip code 80524), presents a unique investment opportunity. Currently zoned CS, the property boasts a previously approved Planned Development Plan (PDP) for a drive-thru retail establishment, although re-approval is pending. The asking price of $349,999 includes credits for two three-quarter inch water taps. This highly desirable location offers easy accessibility and proximity to the North College Marketplace, anchored by a high-volume King Soopers grocery store. The approved plan is suitable for a fast-food restaurant, but the zoning allows for modification to accommodate alternative commercial uses. The property benefits from its position within a rapidly developing area of Fort Collins, experiencing significant growth with new single-family homes and student housing currently under construction nearby. Furthermore, the presence of an active Urban Renewal Authority in the area presents additional opportunities for enhancing the trade area and maximizing the property's potential. This is a rare chance to acquire a well-situated commercial lot in a thriving Colorado market. The latitude and longitude coordinates are 40.608689 and -105.077099 respectively, within Larimer County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.077
- Latitude
- 40.6089
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
