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    Retail/Warehouse Property Near I-25 Title is generated by Realmo AI

    2715 E Mulberry St, Fort Collins, CO 80524

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    Claim this Listing
    For Sale
    $1,250,000

    Retail/warehouse with office, fenced lot, and easy highway access.

    Property size:
    5,267 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $237/SF
    Added:
    May 1, 2024
    Days on Market:
    779
    Last Refresh:
    Jan 14 at 7:00 am

    Property Features for 2715 E Mulberry St

    General Information

    Standard status
    Active
    Size
    5,267 SF
    Lot size
    0.87 Acres

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    Listing Contact
    Randy Marshall

    Listing agent Randy Marshall

    Listing office Colorado Commercial, Ltd

    Listing date May 1, 2024

    Source Exprealty

    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, Ltd

    HighLights

    • Highly visible corner lot location on E. Mulberry St.
    • Easy access to Northern Colorado and Denver via I‑25 (2 minutes away).
    • 5,267 square foot Retail/Warehouse property with 2,267 sf Retail/Office and 3,000 sf warehouse.
    • Warehouse features 18' clear height and three overhead doors (12' x 12' and two 8' x 10').
    • .87 acre lot (38,095 sf) with fenced area for outside storage or additional parking.
    • 200 amp electric service.

    Overview

    This 5,267 square foot property includes a 2,267 square foot retail/office building and a 3,000 square foot open warehouse, situated on a 0.87 acre lot. The south end of the property is fenced, offering opportunities for outside storage or additional parking. The property is located on a corner lot with high visibility from E. Mulberry St., and is located 2 minutes from I-25, providing access to Northern Colorado and Denver. The warehouse features a 12' x 12' overhead door at the front, with two additional 8' x 10' overhead doors on one side and at the back. The warehouse has an 18' clear height. The retail/office building includes one office, an open area, and two restrooms. The property has 200 amp electric service.

    Local Financial Insights For Retail

    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 $119.5k $22.68
    − Vacancy −$6.0k −$1.13
    EGI $113.5k $21.55
    − OpEx −$34.0k −$6.46
    NOI $79.4k $15.08
    5,267 SF · lease $22.68/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.13M
    $993.0K – $1.32M (±1% cap)
    NOI $79,438 @ 7.0% cap · market cap 6.36%
    Second Best
    Mixed Use
    $1.07M
    $936.3K – $1.25M (±1% cap)
    NOI $74,907 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,007 @ 7.0% cap · market cap 7.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alpine Koi and Reef Hardware & Home Improvement U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Pharmacy Gym & Fitness Center Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.129
    Latitude
    40.5818

    FAQs

    What type of property is this?
    Mixed-use property - Retail/warehouse with office, fenced lot, and easy highway access.
    Where is this mixed-use property located?
    The property is located at 2715 E Mulberry St Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Highly visible corner lot location on E. Mulberry St.; Easy access to Northern Colorado and Denver via I‑25 (2 minutes away).; 5,267 square foot Retail/Warehouse property with 2,267 sf Retail/Office and 3,000 sf warehouse.
    More about this property
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