Industrial Condo with Office
For Sale
Contact for pricing
1101 ACADEMY CT, Fort Collins, CO 80550
Fully built-out industrial condo features office space and temperature-controlled production areas with a high-hazard room.
Property Size6,250 SF
Price / SF$220
Days on Market129
Property Features for 1101 ACADEMY CT
General Information
Standard status
Active
Size
6,250 SF
Class
B
Property subtype
Industrial
Zoning
I-Industrial
Lease Type
NNN
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Sprinkler System
Yes
Building Details
Year Built
2000
Year Renovated
2023
Buildings
1
Stories
1
Units
6
Listing Agency:
Colorado Commercial
Listed By:
Mark O'Donnell · License #40003801
(970) 690-8885
Source:
Crexi
Added: Jun 12
Changed: Oct 4
Last Checked: Oct 16 at 9:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Commercial
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Investment Insights
Based on property information with market context.
This fully built-out specialized industrial condominium is configured as a single contiguous suite with dedicated administrative and operational areas. The 896 SF office component is designed for staff and client-facing use, and the additional 577 SF break/kitchen area includes two ADA bathrooms and a utility/storage area. Adjacent finished materials storage includes a 1,028 SF area with a 12’ ceiling height and VCT flooring.
The main warehouse/production area provides 3,700 SF of mostly open space, supported by a 14’ x 14’ ground-level overhead door and floor drains for receiving, production, or distribution workflows. A 625 SF vinyl-walled controlled humidity room offers precise environmental conditions for sensitive materials or instrumentation. The H-3 high hazard room is approximately 504 SF and designed for the storage and/or use of H-3 classified hazardous materials, with fire-resistance-rated separation and a continuous 16-inch-high containment curb around the perimeter for secondary containment up to 4,679 gallons. The building includes heat and air conditioning in the office and finished storage areas, temperature-controlled gas-forced air heat in the warehouse, and is fully fire sprinklered.
Located in Fort Collins on the I-Industrial corridor and zoned I-Industrial, the property supports a wide range of permitted industrial activities requiring both professional office infrastructure and true industrial capability within one unit. The combination of overhead receiving access, warehouse floor drains, controlled environmental space, and code-required life-safety and hazardous containment systems makes it particularly well-suited for operations that need integrated administrative space and specialized industrial handling.
The main warehouse/production area provides 3,700 SF of mostly open space, supported by a 14’ x 14’ ground-level overhead door and floor drains for receiving, production, or distribution workflows. A 625 SF vinyl-walled controlled humidity room offers precise environmental conditions for sensitive materials or instrumentation. The H-3 high hazard room is approximately 504 SF and designed for the storage and/or use of H-3 classified hazardous materials, with fire-resistance-rated separation and a continuous 16-inch-high containment curb around the perimeter for secondary containment up to 4,679 gallons. The building includes heat and air conditioning in the office and finished storage areas, temperature-controlled gas-forced air heat in the warehouse, and is fully fire sprinklered.
Located in Fort Collins on the I-Industrial corridor and zoned I-Industrial, the property supports a wide range of permitted industrial activities requiring both professional office infrastructure and true industrial capability within one unit. The combination of overhead receiving access, warehouse floor drains, controlled environmental space, and code-required life-safety and hazardous containment systems makes it particularly well-suited for operations that need integrated administrative space and specialized industrial handling.
Key Highlights
- 6,250 SF fully built‑out industrial condo (Unit 5, 1101 Academy Court) with 896 SF office plus warehouse and production areas
- Office area includes 896 SF with heat and A/C; also includes a 577 SF break/kitchen area with 2 ADA bathrooms and utility/storage
- Warehouse/production includes 3,700 SF mostly open space with 14' x 14' ground‑level overhead door and floor drains
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,341
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,820
$1.5M
Cap Rate 7%
$1,090,586
$1.1M
Cap Rate 9%
$848,233
$848.2K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$93.8K $15.00/SF
− Vacancy
−$3.9K −$0.63/SF
EGI
$89.8K $14.37/SF
− OpEx
−$13.5K −$2.16/SF
NOI
$76.3K $12.21/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,820
Cap Rate 7%
$1,090,586
Cap Rate 9%
$848,233
Alternative Uses
Best Use
Warehouse
$1.09M
$954.3K – $1.27M
NOI $76,341 @ 7.0% cap · market cap 5.55%
Second Best
Industrial
$898.1K
$785.9K – $1.05M
NOI $62,869 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,925 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- El DON FOOD TRUCK — 1406 E Mulberry St, Fort Collins, CO 80524
- Roasted Beet — 1281 e magnolia st, fort collins, co 80524
Frequently Asked Questions
What type of property is this?
Flex space - Fully built-out industrial condo features office space and temperature-controlled production areas with a high-hazard room.
Where is this flex space located?
The property is located at 1101 ACADEMY CT Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 6,250 SF fully built‑out industrial condo (Unit 5, 1101 Academy Court) with 896 SF office plus warehouse and production areas; Office area includes 896 SF with heat and A/C; also includes a 577 SF break/kitchen area with 2 ADA bathrooms and utility/storage; Warehouse/production includes 3,700 SF mostly open space with 14' x 14' ground‑level overhead door and floor drains
