Fort Collins, CO 80525

OFF-MARKET

Commercial land

Property ID

US13-1584637

0.04 ac lot

Entity Owned 7-yr Hold Absentee Owner Free & Clear

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Drake on College is a transit-oriented mixed-use development in Fort Collins on approximately 7 acres, comprising a four-story hotel with 100 rooms, two multi-family residential buildings totaling 192 units, and approximately 17,500 square feet of retail space. The retail component fronts South College Avenue and West Drake Road and is configured for pedestrian and bike connectivity, with proximity to Max Line bus rapid transit access, and includes a grand promenade as part of the overall site design. The development is located near Colorado State University (CSU). The listing described a specific available retail suite size of approximately 5,000 square feet within the retail portion of the project.

Property type Commercial land

Use group VACANT COMMERCIAL LAND

Lot 0.04 ac (1,742 SF)

APN 97252-08-001

UPID US13-1584637

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Fort Collins, CO 80525

Collins metro Census 1003 FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

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AI Approach AI

$260k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$260k

since 2019

2 recorded transactions

2019

Price N/A

2016

Price N/A

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$375,000

0.22 Acres

2120 Milestone Dr

VACANT COMMERCIAL LAND

2120 Milestone Dr, Fort Collins, CO 80525-5756

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Value Estimation
$345,000

2.88 Acres

4409 Timberline Rd

VACANT COMMERCIAL LAND

4409 Timberline Rd, Fort Collins, CO 80525-3416

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Value Estimation
$470,000

9.96 Acres

156 Fairway Ln

VACANT COMMERCIAL LAND

156 Fairway Ln, Fort Collins, CO 80525-3702

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Value Estimation
$260,000

0.73 Acres

3500 John F Kennedy Pkwy

VACANT COMMERCIAL LAND

3500 John F Kennedy Pkwy, Fort Collins, CO 80525-2635

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Value Estimation
$255,000

0.61 Acres

4408 John F Kennedy Pkwy

VACANT COMMERCIAL LAND

4408 John F Kennedy Pkwy, Fort Collins, CO 80525-3274

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Value Estimation
$260,000

0.15 Acres

3500 John F Kennedy Pkwy

VACANT COMMERCIAL LAND

3500 John F Kennedy Pkwy, Fort Collins, CO 80525-2635

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