Fort Collins, Colorado

18-Unit Townhome Development

Fully Entitled. Plans Complete. Ready to Build.

Starting at $1,200,000

What You're Buying

A complete, entitled townhome development package — land, approvals, plans, and engineering — ready for a builder to take to construction.

The Land

11+ acres in Larimer County, adjacent to 422 Loma Linda Dr, Fort Collins, CO 80524. Zoned PD — Planned Development. Boxelder Creek flows through the property.

Approved Entitlements

Planned Land Division approved and recorded. Rezoned from MR/UR-2/UR-3 to PD. File No. 23-LAND4348.

Complete Plan Sets

Full architectural plans (A2–A18), structural, MEP switching plans. Three buildings: two 8-plexes and one duplex.

Civil Engineering

Civil plan set with drainage report, grading, utility layout. Completed April 2025.

Utility Design

Water (ELCO), sewer (Boxelder Sanitation), electric (PVREA), and telecom connections all designed and defined. All-electric units — no gas.

Development Agreement

Executed agreement with Larimer County covering all conditions, fees, and requirements. Runs with the land.

11+ Acres on Boxelder Creek

This isn't a tight infill lot. The parcel is over 11 acres of land with Boxelder Creek flowing through the property — 10+ acres of private open space for future tenants and homeowners, well beyond the building footprint.

10+ Acres of Private Land

Open space, mature trees, and natural amenities beyond the building footprint.

Boxelder Creek

Natural waterway running through the property — a rare amenity for townhome living.

Future Potential

Residual land beyond the current 18-unit development may support additional lots in the future. This potential is not included in the current asking price or entitlements — it represents upside for the right buyer to explore independently.

Satellite aerial of Boxelder Townhomes 11-acre parcel with red boundary outline showing Boxelder Creek

Aerial — 11.36 acres, parcel boundary shown in red Enlarge

Property Photos

Drone View — Looking South Across the Parcel

Boxelder Creek — Stone Bridge and Canopy

Residual Land Entry

Open Meadow — Native Vegetation

Creek Corridor — Lush Meadow

Trail Through the Property

Looking North from Southern Boundary

Looking Northeast from SW Boundary

Looking Southeast from NW

Looking South from Northern Boundary

East Mulberry Street — Facing West

East Mulberry Street — Facing East

Entitlement Status

Where this project stands today.

Approved

Planned Land Division

Recorded

Final Plat / Mylar

Complete

Rezoning to PD

Submitted

Site Plan

Development Specifications

Total Units18 townhome dwellings

Buildings2 × 8-plex + 1 duplex

Unit Types3-level: garage/storage, main living, upper bedrooms

ZoningPD — Planned Development

SetbacksFront 15', Side 5', Rear 8', Hwy 14: 24'

Max Height40 feet

Fire ProtectionNFPA sprinklers required in all units

FoundationsEngineered system required (site-specific soils)

RadonPassive mitigation required per county

WaterEast Larimer County Water District (ELCO)

SewerBoxelder Sanitation District

Total Acreage11+ acres (one legal parcel)

The Numbers

Lot costs, utility fees, and construction estimates — all in one place.

Finished Lot Cost Per Townhome

$98,000

Land + utilities + civil — everything before vertical construction

Land (purchase price)$66,667

Civil / Horizontal Infrastructure$16,114

Sewer (Boxelder Sanitation)$9,000

Water (ELCO)$3,369

Electric (PVREA)$1,850

Fire Impact Fee (PVFPD)$1,000

Total Per Unit$98,000

Based on 2025–2026 published fee schedules. Water rights included in purchase price. ELCO final fee letter pending.

Estimated Construction Cost (18 Units)

$3.7M – $5.6M

$207K – $311K per unit

Hard Bids on File

Six trades with contractor bids: foundation & flatwork, framing labor, lumber & sheathing, trusses, roofing (TPO), and electrical.

Allowances (Not Yet Bid)

Plumbing, HVAC, interior finishes, landscaping, insurance, and permits. Estimated at mid-to-low finish level.

Range reflects ±20% variance. Detailed line-item pricing model available on request.

Walk Through the Pricing Model

How to read these numbers:

The $98K finished lot cost covers land, utility tap fees, civil infrastructure, and fire impact fees — everything to get a construction-ready site. The $3.7M–$5.6M construction estimate is vertical construction only: buildings, finishes, and an 8% contingency. Soft costs (design, legal, financing) are already done and included in the purchase price.