515 S Shields St Fort Collins, CO 80521
7-9 Unit Development Opportunity
Includes plans, soil reports, traffic study, engineering reports, landscape design, etc
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Characteristics
Land/Location Information
APN: R0073458
Old/Alternate APN: 97151-06-014
Property Class: VACANT
Zoning: NCB
County Land Use Code: 1119
Census Tract: 000503
Lot Size: 0.22 acres
Lot Area: 9,584 SqFt.
School District: Poudre School District R-1
Block: 4
Lot Number: 1,2
Municipality: FORT COLLINS
Subdivision Name: CITY PARK HEIGHTS
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Condition
Awesome development opportunity.
Parcel conveniently located just south of the intersection of Mulberry Ave and Shields Street, great visibility, walking distance from all of campus and Old Town.
Zoned NCB, with utilities on site. The sale includes fully finished development plans ready to be submitted to city for approval, (including soil reports, traffic study, engineering reports, landscape design, etc).
The current plan is for 7 units (2 2-bedrooms, 5 1-bedrooms/studio), however with the latest changes in city land code, a 9 unit may be approved and the building plans can easily be adjusted to fit this.
Additionally, the NCB zoning permits various uses, such as a single-family home, offices, medical or dental clinics, service industry establishments, group homes, and fraternity or sorority chapter houses, among others.
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Numbers & Dates
Numbers
HOA: No
Taxes: $6,513 (2024)
Asking: $465,000
Dates
Investor Inspection: Drive By Any Time
Closing: March 2025
Possession: March 2025Contact
Amy McCraken
AMcCraken@JoeHomeBuyer.com
303-478-7895*HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.
*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.