UPDATED:
11/29/2023 07:16 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 5048960
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $11,531
Tax Year 2023
Lot Size 3.740 Acres
Acres 3.74
Property Description
Management Area (GMA) zoning for the City of Fort Collins shows a proposed Low Density Mixed Use (LMN) zoning. The seller would consider rezoning proposals for specific uses utilizing Neighborhood Commercial (NC), Medium Density Mixed Use Neighborhood (MMN), or similar zoning.
The property is located on Laporte Ave. with direct access to Old Town Fort Collins via Laporte Ave. The project is 2 mi W of US Hwy 287/Old Town Fort Collins & is a short drive to CSU.
The project offers the following attributes:
? Rare infill opportunity with commercial & residential potential providing a great
opportunity to deliver walkable to City Park & Poudre High School
? Bike-able or a short drive at 2 miles +/- from Old Town Fort Collins & CSU
? Excellent views of foothills including the Aggie A & Horsetooth Rock.
? +/- 450 ft of street frontage on N. Taft Hill Rd, & substantial visibility from both N. Taft
Hill Rd & Laporte Ave.
? Strong new home price in 3-mile radius price over last 12 months with average single
family of $788,447 ($329/SF), new condominium price of $478,689 ($369/SF), & resale
townhome values of $642,618 ($404/SF).
? LMN Zoning allows for up to 9 Dwelling Units (Du) Per Gross Acre or 12 Du Per Gross
Acre for Affordable Housing
? City of Fort Collins water district has development friendly raw water policy & pricing that
keeps attractive Cash-In-Lieu water policy with pricing stable pricing currently at
$68,200 per acre-foot
? Highly attractive Cash-In-Lieu building program allows for 100% Cash-In-Lieu raw water
dedication
? Laporte Ave. roadway improvements will improve walkable access to Poudre High
School & provide easy direct bicycle & pedestrian access to Downtown Fort Collins
via Laporte Ave. Laporte Bridge Improvements include two bridges that are currently
in process.
Location
State CO
County Larimer
Zoning RR2
Interior
Fireplace N
Exterior
Fence None
Utilities Available Electricity To Lot Line, Natural Gas Available, Phone Available
Garage No
Building
Sewer Public Sewer
Water Agriculture/Ditch Water, Public
Schools
School District Poudre R-1
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Rabecca Ranaldi
Broker Associate | License ID: FA 100080855
Broker Associate License ID: FA 100080855