556 Cajetan St Fort Collins, CO 80524
Estimated payment $2,712/month
Highlights
- Mountain View
- Hiking Trails
- Development of land is proposed phase
About This Lot
Attention Investors & Savvy Homebuilders! Here's an exceptional opportunity in Fort Collins - 556 Cajetan St is a prime corner lot that offers unmatched development potential in a high-demand locale. Positioned just steps from New Belgium Brewery and the Poudre Whitewater Park, this property is a strategic asset in one of the city's most vibrant neighborhoods. For investors, this lot is a dream come true: it's zoned under the CCN designation and, following a major amendment process, now permits development of up to four units. We're including fully completed architectural plans for a sophisticated three-unit build with a carriage house design, all approved for permit application. This turnkey aspect allows you to build in months, not years. For the homeowner investor looking to house hack, envision building your dream single-family home with an expansive yard while leveraging rental income from additional units to offset your mortgage. And the neighborhood's allowance for non-primary short-term rentals makes this property an even more attractive income generator. The seller has 10 years experience owning short term rentals in the neighborhood and estimates gross income for all 3 units being rented full-time short-term around $275k per year. The total lot size is truly impressive: with Tract A adding 7,606 sq ft to a 5,990 sq ft buildable envelope, you're looking at over 13,000 sq ft of potential. That's plenty of yard space to create an outdoor oasis or maximize your buildable area. This is a rare, value-add opportunity in Fort Collins that combines immediate rental potential and strong investor fundamentals.
Property Details
Property Type
- Land
Lot Details
- 5,990 Sq Ft Lot
- Property fronts an alley
- Development of land is proposed phase
- Property is zoned CCN
HOA Fees
- $110 Monthly HOA Fees
Parking
- Alley Access
Schools
- Putnam Elementary School
- Poudre High School
Additional Features
- Mountain Views
- City Lot
Listing and Financial Details
- Assessor Parcel Number R1669373
Community Details
Overview
- Association fees include common amenities, trash, snow removal, management
- Old Town North 4Th Fil Subdivision
Recreation
- Hiking Trails
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $6,113 | $66,960 | $66,960 | -- |
2024 | $6,113 | $66,960 | $66,960 | -- |
2022 | $1,595 | $17,197 | $17,197 | -- |
2021 | $1,595 | $17,197 | $17,197 | $0 |
2020 | $271 | $2,900 | $2,900 | $0 |
2019 | $273 | $2,900 | $2,900 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/04/2025 04/04/25 | For Sale | $375,000 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Special Warranty Deed | $240,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,056,921 | Construction |
Source: IRES MLS
MLS Number: 1030284

APN: 97013-87-001
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