203 Triangle Drive, Fort Collins, CO, 80525, US

Ridgewood Hills Land

Description

JLL Capital Markets is pleased to present a prime development opportunity located at the northwest corner of South College Avenue and Carpenter Road in Fort Collins, Colorado. This expansive 32.64-acre site offers a unique blend of suburban tranquility and urban convenience, just minutes from downtown Fort Collins, Loveland, and major transportation corridors. The property is situated within close proximity to vibrant retail, dining, entertainment options, and scenic parks and trails, providing residents with easy access to Northern Colorado's natural beauty.

The site comprises four parcels, with the following Larimer County APN numbers: 96140-00-004, 96140-00-026, 96144-13-007, and 96140-00-004. The property benefits from Medium Density Mixed-Use Neighborhood District zoning, allowing for by-right residential or multifamily development. Under MMN zoning, the minimum density requirement is 12 units per acre for properties over 20 acres, with the maximum density determined by setbacks, height limits, and parking requirements. With 26.48developable acres, the site is ideal for single-family homes, townhomes, and multifamily units.

Water access has already been secured, significantly reducing the complexity of development by only requiring tap fees to the Fort Collins/Loveland Water and Sanitation District. Additionally, the site is not located within a metro district, offering favorable operating conditions for developers and investors seeking rental residential development.

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Investment highlights

PRIME FORT COLLINS LOCATION

Situated at the northwest corner of South College Avenue and Carpenter Road, the site provides excellent access to downtown Fort Collins, I-25, and surrounding amenities, making it an ideal location for residential development.

STRONG MARKET DEMAND & GROWTH

Fort Collins continues to experience population growth and a strong demand for housing. The site is positioned to meet the growing need for attainable residential options in one of Northern Colorado's most desirable areas.

FAVORABLE DEVELOPMENT CONDITIONS

The property benefits from secured water rights (tap fees only), accessible public utilities, and a Phase I environmental assessment confirming the site is clean and development-ready, providing a streamlined path for construction.

STREAMLINED DEVELOPMENT POTENTIAL WITH BY-RIGHT ZONING

The property benefits from Medium Density Mixed-Use Neighborhood (MMN) zoning, allowing for by-right residential or multifamily development.