Fort Collins Automotive/Retail
For Sale
$1,000,000
425 North College Avenue Fort, Fort Collins, CO 80524
Two buildings on 0.38 acres with College Avenue frontage.
Property Size4,019 SF
Price / SF$248.82
Days on Market339
Property Features for 425 North College Avenue Fort
General Information
Standard status
Active
Size
4,019 SF
Total Parking Spaces
28
Property subtype
Retail - Automotive
Zoning
Downtown District
Building Details
Building Size
4,019 SF
Listing Agency:
RE/MAX
(970) 215-7016
Listed By:
Michelle Hickey Crawford · License #BR00233131
(970) 215-7016
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: May 9 at 4:10AM
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 RE/MAX
Investment Insights
Based on property information with market context.
Two buildings situated on 0.38 acres are available for purchase. The property features 300 feet of frontage on College Avenue and benefits from full turn access. The location experiences an average daily vehicle count of 31,898. The site is located within the Colorado Enterprise Zone, which offers tax incentives for real estate projects and businesses operating within the zone. The approved historical use for the property includes vehicle sales and automotive repair. All trade fixtures are included in the sale of the property.
Key Highlights
- 300' of College Avenue frontage with high traffic count (31,898 vehicles per day).
- Located in the Colorado Enterprise Zone, offering potential tax incentives.
- Approved historical use for vehicle sales and automotive repair.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,212,300
$1.2M
Cap Rate 7%
$865,929
$865.9K
Cap Rate 9%
$673,500
$673.5K
Market Conditions
NOI Build-Up for 4,019 SF
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.
Gross rent
$91.2K $22.68/SF
− Vacancy
−$4.6K −$1.13/SF
EGI
$86.6K $21.55/SF
− OpEx
−$26.0K −$6.46/SF
NOI
$60.6K $15.08/SF
Area
Fort Collins, CO
Vacancy
5.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,212,300
Cap Rate 7%
$865,929
Cap Rate 9%
$673,500
Alternative Uses
Best Use
Retail
$865.9K
$757.7K – $1.01M
NOI $60,615 @ 7.0% cap · market cap 6.06%
Second Best
Industrial
$577.5K
$505.3K – $673.8K
NOI $40,427 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$1.05M
$915.7K – $1.22M
NOI $73,258 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,060
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Enterprise — 200 S College Ave, Fort Collins, CO 80524, United States
- Vanworks — 900 E Lincoln Ave, Fort Collins, CO 80524
- Budget Truck Rental — 1235 N College Ave, Fort Collins, CO 80524
Frequently Asked Questions
What type of property is this?
Automotive property - Two buildings on 0.38 acres with College Avenue frontage.
Where is this automotive property located?
The property is located at 425 North College Avenue Fort Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 300' of College Avenue frontage with high traffic count (31,898 vehicles per day).; Located in the Colorado Enterprise Zone, offering potential tax incentives.; Approved historical use for vehicle sales and automotive repair.
