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1817 E Lincoln Ave
Fort Collins, CO 80524
Land For Sale
·
1.00 AC
Investment Highlights
- OPPORTUNITY ZONE-Save Cap Gains Tax
- Level Lot, everything easily demolished
- Busy arteries off Major Collector
Property Facts
Description
OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly, and a 6.4 CAP. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered to stay as-is, or demolish and redevelop. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains
Property Taxes
| Parcel Numbers | Improvements Assessment | $33,832 | |
| Land Assessment | $1,875 | Total Assessment | $35,707 |
Property Taxes
Parcel Numbers
Land Assessment
$1,875
Improvements Assessment
$33,832
Total Assessment
$35,707
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