2000 Laporte Ave
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2000 Laporte Ave
3.74 Acres of Commercial Land Offered at $700,000 in Fort Collins, CO 80521
Executive Summary
LC Real Estate Group is pleased to present the opportunity to purchase +/- 3.74 acres, with county zoning of CC (Commercial Corridor) and RR2 (Rural Residential). The Growth 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 Avenue with direct access to Old Town Fort Collins via Laporte Avenue. The project is 2 miles west of US Highway 287/Old Town Fort Collins and is a short drive to Colorado State University. The project offers the following attributes:
• Rare infill opportunity with commercial and residential potential providing a great opportunity to deliver walkable to City Park and Poudre High School
• Bike-able or a short drive at 2 miles +/- from Old Town Fort Collins and Colorado State University
• Excellent views of foothills including the Aggie A and Horsetooth Rock
.
• +/- 450 ft of street frontage on N. Taft Hill Road, and substantial visibility from both N. Taft Hill Road and Laporte Avenue.
• 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), and 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 and 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 Avenue roadway improvements will improve walkable access to Poudre High School and provide easy direct bicycle and pedestrian access to Downtown Fort Collins via Laporte Avenue. Laporte Bridge Improvements include two bridges that are currently
in process
• Rare infill opportunity with commercial and residential potential providing a great opportunity to deliver walkable to City Park and Poudre High School
• Bike-able or a short drive at 2 miles +/- from Old Town Fort Collins and Colorado State University
• Excellent views of foothills including the Aggie A and Horsetooth Rock
.
• +/- 450 ft of street frontage on N. Taft Hill Road, and substantial visibility from both N. Taft Hill Road and Laporte Avenue.
• 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), and 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 and 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 Avenue roadway improvements will improve walkable access to Poudre High School and provide easy direct bicycle and pedestrian access to Downtown Fort Collins via Laporte Avenue. Laporte Bridge Improvements include two bridges that are currently
in process
Property Facts Under Contract
| Price | $700,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.74 AC |
| Price | $700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.74 AC |
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 3.74 AC |
| Price Per AC | $187,166 |
| Price | $700,000 |
| Price Per AC | $187,166 |
| Lot Size | 3.74 AC |
LC Real Estate Group is pleased to present the opportunity to purchase +/- 3.74 acres, with county zoning of CC (Commercial Corridor) and RR2 (Rural Residential). The Growth Management Area (GMA) zoning for the City of Fort Collins
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Bike Score ®
Very Bikeable (74)
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2000 Laporte Ave
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