3809 Mulberry St Fort Collins, CO 80524
- Retail space
- 1,512 SF
- 0.85 lot acres
Current Use by Public Records
- Paragon Consulting Group / Business Management Consultant
Property Details for 3809 Mulberry St
- Year built
- 1966
- Construction
- WOOD FRAME
- Lot size
- 0.85 lot acres
- Property size
- 1,512 SF
- Property type
- Retail space
- APN
- 87161-00-039
- APU
- 8716100039
Description
This exceptional 0.85-acre commercial land parcel at 3809 E. Mulberry Street in Fort Collins, Colorado, presents a prime development opportunity. Zoned Commercial Corridor in Larimer County, this property boasts high visibility on a major thoroughfare connecting I-25 to downtown Fort Collins. The site includes a 1,500 square foot building, perfect for repurposing or redevelopment. Its strategic location near American Furniture Warehouse and several hotels ensures high traffic counts and excellent visibility. The surrounding area demonstrates robust growth, with a 3-mile radius encompassing 5141 residents, 423 businesses, and 6098 employees. The average household income in Northern Colorado exceeds $122,000, indicating strong consumer spending power. Convenient access to I-25, downtown Fort Collins, Loveland (14-minute drive), and Greeley (7-minute drive) further enhances its appeal. The property is currently listed at $875,000 and has a 2023 property tax assessment of $22,179. City of Fort Collins annexation is planned, promising future development benefits. This is a rare chance to establish a thriving business in a high-growth area with strong demographics and excellent connectivity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $695,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $755,000
- Geo Method
- $710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $635,000
- Mixed-Use
- $535,000
- Hospitality
- $660,000
- Educational
- $695,000
- Residential Income
- $585,000
- Energy
- $710,000
- Income-Based Land
- $550,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.006
- Latitude
- 40.5805
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA