RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND OPPORTUNITY

Transcription

1 RESIDENTIAL OR COMMERCIAL DEVELOPMENT LAND OPPORTUNITY 6750 S., FORT COLLINS, COLORADO COLLINDALE GOLF COURSE TIMBERLINE ROAD TRANSIT STOP TO OLD TOWN FOSSIL CREEK COMMUNITY PARK SOUTHRIDGE GOLF COURSE LEMAY AVENUE 2± MILES LOVELAND 2± MILES PLANNED APARTMENT UNITS TRILBY ROAD SITE A 33.50± Acres ROBERT BENSON LAKE AVAILABLE SITE B 19.15± Acres WATER S WAY PARK SITE SIZE AVAILABLE FOR SALE (TOGETHER OR SEPARATELY) SALE PRICE ZONING Site A: 33.50± Acres Site B: 19.15± Acres Total: 52.65± Acres Site A: $2,250,000 Site B: $1,660,000 Total: $3,910,000 Site A: $1.54 psf or approx. $11,250 / unit based upon 200 DU Site B: $1.99 psf or approx. $11,067 / unit based upon 150 DU LMN - Low Density Mixed-Use N Phone:

2 EXECUTIVE SUMMARY 6750 S., FORT COLLINS, COLORADO THE SITES Residential or commercial development sites for sale, located near the corner of College Avenue and Trilby Road in south Fort Collins ( Sites ). This opportunity is rare due to the scarcity of large tracts of land available within Fort Collins and may be ideal for single family lot developers, homebuilders, apartment developers, or mixed-use developers. Sale of Site A includes house and outbuildings on the site. Property is currently leased. AREA INFORMATION PROPERTY HIGHLIGHTS Minutes to Harmony Road, Max Transit stop, Fossil Creek Park, Southridge Golf Course, City of Loveland and more. Near an abundance of retailers, restaurants, medical, and employment on Harmony Road. Located approximately 3 miles from Front Range Community College s campus and 6.5± miles to Colorado State University s campus. Quick access to Highway 392 leading to Interstate 25 and Town of Windsor. LOCATION: The site is located along College Avenue with quick access to Harmony Road and just minutes from Loveland. POPULATION: Fort Collins is the largest city in Northern Colorado with a population of approximately 165,000. COLORADO STATE UNIVERSITY ( CSU ): Enrollment exceeds 33,000 students with approximately 6,700 faculty and staff members and is one of the largest employers in Fort Collins. MAJOR EMPLOYERS: HP, Intel, Broadcom, Comcast, CSU, Woodward, New Belgium Brewery, Odell Brewing Co., Otter Box, City of Fort Collins, Larimer County, and more. NEARBY AMENITIES: Extensive dining and entertainment options in south Fort Collins. Fossil Creek Park, Southridge Golf Course, Boyd Lake, and Horsetooth Reservoir are all in close proximity to the site. SITE SIZE SALE PRICE ZONING CURRENT MILL LEVY Site A: 33.50± Acres Site B: 19.15± Acres Total: 52.65± Acres Site A: $2,250,000 Site B: $1,660,000 Total: $3,910,000 Site A: $1.54 psf or approx. $11,250 / Unit based upon 200 DU Site B: $1.99 psf or approx. $11,067 / Unit based upon 150 DU LMN - Low Density Mixed-Use Site A: Site B: UTILITIES In close proximity, and/or at, or adjacent to, Sites Phone:

3 PROPERTY & ZONING INFORMATION PROPERTY DETAILS: PARCEL #: Site A: (Larimer County) Site B: (Larimer County) SITE SIZE: Site A: 33.5± Acres (1,455,350± SF) Site B: 19.15± Acres (834,174± SF) Total: 53.65± Acres (2,289,524± SF SALE PRICE: Site A: $2,250,000 (includes house and outbuildings) Site B: $1,660,000 Total: $3,910,000 SCHOOL DISTRICT: Thompson School District ZONING DISTRICT: LMN - Low Density Mixed-Use Neighborhood UTILITY INFORMATION: WATER: 14 Water line in College Avenue adjacent to site 12 Water line in Trilby Road (see map below for approximate location) SANITARY SEWER: 8 Sanitary sewer line in Trilby Road (see map below for approximate location) TRILBY ROAD SITE A SITE B N The site is zoned Low Density Mixed-Use Neighborhood District (L-M-N). The following are examples of uses permitted in the L-M-N District, subject to administrative review: Single-family detached dwellings. Single-family attached dwellings. Any residential use consisting in whole or in part of multi-family dwellings (limited to eight [8] or less dwelling units per building) that contain fifty (50) dwelling units or less, and seventy-five (75) bedrooms or less. Mixed-use dwellings. Child care centers. Places of worship or assembly with a building footprint which does not exceed a total of twenty-five thousand (25,000) square feet. Adult day/respite care centers. The following are examples of uses permitted in the L-M-N District, Subject to Planning and Zoning Board review: Any residential use consisting in whole or in part of multi-family dwellings that contain more than eight (8) units per building, or more than fifty (50) dwelling units, or more than seventy-five (75) bedrooms. Long-term care facilities. ZONING: Places of worship or assembly with a building footprint which exceeds a total of twentyfive thousand (25,000) square feet. Public and private schools for elementary, intermediate and high school education, and for vocational and technical training. Offices, financial services, clinics and artisan and photography studios. Please note that other uses may be permitted administratively or by Planning and Zoning Board review and some of the uses listed are categorized as secondary uses. Please see the Fort Collins Land Use Code for a complete list of these uses and other important zoning standards. For Information from City of Fort Collins regarding permitted uses for L-M-N Zoning: Click Here The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without express written consent is prohibited. Phone:

4 CONCEPT LAND USE PLAN & LOCATION MAP N SITE A TRILBY ROAD SHIELDS STREET AVAILABLE: 52.65± ACRES FORT COLLINS HIGHWAY 392 TIMBERLINE ROAD LAND USE BREAKDOWN FOR SITE A AREA: GROSS 1,455, ± AC DWELLING UNITS TYPE I BUILDINGS (7) X 8 du/bldg = 56 units TYPE II BUILDINGS (7) X 8 du/bldg = 56 units TYPE III BUILDINGS (4) X 8 du/bldg = 32 units = 144 units SINGLE FAMILY LOTS (23) X 2 du/lot = 46 units TOTAL units/acre PARKING PROVIDED GARAGE 144 spaces (FOR CONDOS ONLY) STANDARD 198 spaces TOTAL VEHICLES 342 Spaces 2.3 spaces/condo unit Corkscrew Wine & Liquor LOVELAND Washtime Car Wash NORTHERN COLORADO REGIONAL AIRPORT SITE A Full Size Land Concept Plan: click here SITE A ALTA Survey: click here The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without express written consent is prohibited. Phone:

5 DEMOGRAPHICS AND ACCOLADES DEMOGRAPHICS 1-MILE 3-MILES 5-MILES 2018 Est. Population 7,948 43, , Projected Population 8,574 46, ,254 Average HH Income $108,442 $111,430 $97,240 Bachelor s Degree or Higher 53.8% 57.2% 52.0% Median Age Daytime Employment 19,359 64,297 93,205 Source: Site To Do Business, July, 2018 FORT COLLINS ACCOLADES Fort Collins is consistently recognized on top and best of lists. 5th Top Best Performing Cities: Milken Institute - Jan nd Best Cities for Small Business Owners: ValuePenguin - Feb 2017 No. 4 Community in Overall Well-Being, : Gallup Healthways - Feb 2016 Top 3 Digital City: Govtech.com - Nov 2015 Top 10 Best Metros for Female Entrepreneurs: Forbes - Oct 2015 Ranked No. 4 Next Top 10 Cities for Tech Jobs: Fast Company - Jul 2015 Ranked No. 9 of 2015 s Top 10 Healthiest Cities : Livability.com - Apr 2015 No Best College Towns to Live in Forever list: College Ranker - Mar 2015 FORT COLLINS HOUSING STATS Fort Collins ranked within Top 10 Rising Housing Markets according to smartasset.com (May, 2018) Average Single Family Home Sale Price - $468,081 Average Attached Home Sale Price - $308,834 (Prices reflect 2Q 18 Source: The Group, Inc.) 3.0% Apartment Vacancy (as of December, 2017 Source: Coloradoan. Click here for article) The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without express written consent is prohibited. Phone:

6 AREA EMPLOYMENT The economy in Fort Collins is enriched with a diverse employment mix including: higher education, high-tech, healthcare, breweries, manufacturing, R&D and service-related fields. Many high-tech companies have relocated to Fort Collins due to the resources of Colorado State University and its prestigious research facilities. NOTABLE FORT COLLINS EMPLOYERS Advanced Energy Industries Anheuser Busch Banner Health Colorado Broadcom Ltd. City of Fort Collins Colorado State University Columbine Health Systems Comcast Good Samaritan Society Front Range Community College Hewlett Packard Intel Larimer County Madwire/Marketing 360 New Belgium Brewing Co. OtterBox Poudre School District Qualfon University of Colorado Health Woodward, Inc.5) Source: 2018 Book of Lists; Bizwest and Northern Colorado Economic Alliance UNEMPLOYMENT RATES: AS OF OCTOBER, 2018 NORTHERN COLORADO 2.9% COLORADO 3.2% US 3.7% Source: Phone: