Industrial Condo with Office
1101 ACADEMY CT Fort Collins, CO 80550
1101 ACADEMY CT, Fort Collins, CO, 80550
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For Sale
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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 Market36
Property Features for 1101 ACADEMY CT
General Information
- Standard status
- Active
- Size
- 6,250 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2000
Listing Agency
Colorado Commercial
Listed by
Joe Palieri, CCIM · License #EA040005344
Source
Crexi
Added: Jun 12 Checked: Jul 17 at 4:16 am
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
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.3k | $21.96 |
| − Vacancy | −$20.3k | −$3.25 |
| EGI | $116.9k | $18.71 |
| − OpEx | −$29.2k | −$4.68 |
| NOI | $87.7k | $14.03 |
6,250 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,703 @ 7.0% cap · market cap 6.38%
Second Best
Warehouse
$1.09M
$954.3K – $1.27M
NOI $76,341 @ 7.0% cap · market cap 5.55%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lennox Stores (PartsPlus)
Big Box & Wholesale Store
Academy Boat & RV ...
Storage Facility
Erin D. Maranjian, ...
Alternative Medicine Practice
Outdoor Cover Warehouse
(Bike/Boat/Book/etc) Store
Ace's Place
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
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- El DON FOOD TRUCK — 1406 E Mulberry St, Fort Collins, CO 80524
FAQs
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