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    Industrial Property Near North College Title is generated by Realmo AI

    120 Hemlock, Fort Collins, CO

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    Spacious industrial property with five overhead doors and full HVAC.

    Type:INDUSTRIAL
    Property size:
    8,149 SF
    Lot size:
    0.64 Acres
    Price / SF:
    $190/SF
    Added:
    Jul 24, 2023
    Days on Market:
    1062
    Last Refresh:
    May 20 at 10:00 pm

    Property Features for 120 Hemlock

    General Information

    Standard status
    Active
    Size
    8,149 SF
    Lot size
    0.64 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Nate Heckel
    Nate Heckel

    Listing agent Nate Heckel License #FA.100065482

    Listing office Cushman & Wakefield | Fort Collins

    Listing date Jul 24, 2023

    Source Moodyscre

    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 Cushman & Wakefield | Fort Collins

    HighLights

    • Unbeatable location off North College Avenue
    • Five overhead doors for convenient access
    • Ample power supply
    • Full HVAC system
    • Spacious industrial property
    • A rare opportunity

    Overview

    Located just off North College Avenue, this industrial property offers a total of five overhead doors. The property includes ample power and full HVAC.

    Local Financial Insights For Warehouse

    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 $122.2k $15.00
    − Vacancy −$5.1k −$0.63
    EGI $117.1k $14.37
    − OpEx −$17.6k −$2.16
    NOI $99.5k $12.21
    8,149 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,536 @ 7.0% cap · market cap 6.42%
    Second Best
    Industrial
    $1.17M
    $1.02M – $1.37M (±1% cap)
    NOI $81,971 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    Office A
    $2.12M
    $1.86M – $2.48M (±1% cap)
    NOI $148,540 @ 7.0% cap · market cap 9.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Toy Shed — 1314 Red Cedar Cir, Fort Collins, CO 80524
    • Save*Mor Self Storage — 677 Linden St, Fort Collins, CO 80524
    • Alpine Moving Company — 1307 N College Ave, Fort Collins, CO 80524
    • Exodus Moving & Storage — 113 Hickory St, Fort Collins, CO 80524
    • FoCo Moving — 1046 Ten Mile Range Ln Unit C, Fort Collins, CO 80524

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.078
    Latitude
    40.6014

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    FAQs

    What type of property is this?
    Warehouse - Spacious industrial property with five overhead doors and full HVAC.
    Where is this warehouse located?
    The property is located at 120 Hemlock Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Unbeatable location off North College Avenue; Five overhead doors for convenient access; Ample power supply
    (970) 267-7724 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nate Heckel
    Nate Heckel
    Real Estate License ID: FA.100065482
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