Industrial Property Near North
For Sale
$1,550,000
120 Hemlock St, Fort Collins, CO 80524
Spacious industrial property with overhead doors and full HVAC.
Property Size8,149 SF
Price / SF$190.21
Days on Market207
Property Features for 120 Hemlock St
General Information
Standard status
Active
Size
8,149 SF
Building Details
Year Built
1966
Listing Agency:
Cushman & Wakefield
Listed By:
Nate Heckel · License #FA.040037901
(970) 412-0225
Source:
Thestrohmangroup
Added: Mar 26
Changed: Oct 10
Last Checked: Oct 7 at 3:07PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property is located off North College Avenue. The property features a total of five overhead doors. It includes ample power and full HVAC.
Key Highlights
- Unbeatable location off North College Avenue.
- Five overhead doors for convenience.
- Ample power supply.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,971
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,420
$1.6M
Cap Rate 7%
$1,171,014
$1.2M
Cap Rate 9%
$910,789
$910.8K
Market Conditions
NOI Build-Up for 8,149 SF
Gross rent
$122.2K $15.00/SF
− Vacancy
−$5.1K −$0.63/SF
EGI
$117.1K $14.37/SF
− OpEx
−$35.1K −$4.31/SF
NOI
$82.0K $10.06/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,420
Cap Rate 7%
$1,171,014
Cap Rate 9%
$910,789
Alternative Uses
Best Use
Industrial
$1.17M
$1.02M – $1.37M
NOI $81,971 @ 7.0% cap · market cap 5.29%
Second Best
Flex RnD
$1.12M
$976.1K – $1.30M
NOI $78,086 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,540 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- FOCO BBQ — 238 Osiander St C, Fort Collins, CO 80524
Frequently Asked Questions
What type of property is this?
Flex space - Spacious industrial property with overhead doors and full HVAC.
Where is this flex space located?
The property is located at 120 Hemlock St 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 convenience.; Ample power supply.
