2839 College Ave Fort Collins, CO 80525-2578
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.