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800 Waterglen Dr 1,344 SF Retail Building Fort Collins, CO 80524 $375,000 ($279.02/SF)
Investment Highlights
- Located just a few miles east of downtown Fort Collins, Waterglen offers convenient access to major roads
Executive Summary
This property presents a rare value-add opportunity in the heart of the Waterglen community in Northeast Fort Collins. Positioned along the edge of the neighborhood, the existing clubhouse and pool create a flexible foundation for a wide range of future uses—whether maintained as recreational amenities or repositioned as multifamily units, a daycare, professional office space, small-scale commercial, a community event venue, or a covered, year-round aquatic facility. Located just a few miles east of downtown Fort Collins, Waterglen offers convenient access to major roads and transit while maintaining a peaceful residential setting, with proximity to parks, trails, open space, and the Rocky Mountain foothills enhancing long-term appeal. The existing infrastructure allows for immediate usability and creative redevelopment potential, and the included vacant land to the north adds further expansion opportunity (the lot to the south is excluded from the sale). Additionally, the property includes a valuable water meter appraised at $105,000, which may be apportioned across future units in a redevelopment scenario.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,344 SF
Building Class
B
Year Built
2004
Price
$375,000
Price Per SF
$279.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.81 AC
Zoning
MU - Zoned mix use. See provided brochure
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 87044-08-001 | Improvements Assessment | $64,017 |
| Land Assessment | $94,662 | Total Assessment | $158,679 |
Property Taxes
Parcel Number
87044-08-001
Land Assessment
$94,662
Improvements Assessment
$64,017
Total Assessment
$158,679
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