Property profile

2839 College Ave Fort Collins, CO 80525

OFF-MARKET
Auto shops
Property ID
US13-0042002
25,080 SF 1.47 ac lot Built 1970
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 25,080-square-foot freestanding retail building, situated on a 1.41-acre lot at 2839 S College Ave in Fort Collins, Colorado (zip code 80525), presents a rare investment opportunity. Currently configured as a convenience store, grocery store, and restaurant, the property offers significant flexibility. The asking price is $4,495,000, translating to $174.12 per square foot. The property benefits from its prime location on College Avenue, within Larimer County, and is zoned CG (General Commercial), falling within the Fort Collins Transit-Oriented Development (TOD) Overlay Zone. This zoning allows for a variety of uses and higher densities, including but not limited to retail, grocery stores, convenience stores, car washes, hospitality, entertainment venues, and drive-thru restaurants. The existing building could be repurposed to suit a new owner's vision, or the entire site could be redeveloped for a mixed-use project. This property offers substantial potential for a savvy investor seeking a high-visibility location with considerable development possibilities in a thriving Colorado market. The latitude and longitude coordinates are 40.54778341 and -105.07735457, respectively.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Construction STEEL FRAME
Total area 25,080 SF
Lot 1.47 ac (64,033 SF)
APN 97261-00-034
UPID US13-0042002

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
  • HVAC Service
  • HVAC Service
  • Alternative Medicine Practice Spa & Massage Center

Location

2839 College Ave Fort Collins, CO 80525-2578
Fort Collins metro Census 1003 FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.65M
Blend (final) Blend
$3.65M

Owner & transaction history

since 2025
Last sale
$3.5M
7 recorded transactions
2025
$3.5M
2022
$3.0M
2021
$3.1M
2013
Price N/A
2012
$1.9M
2007
$500,000
2007
$2.6M

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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