Retail-Warehouse with Overhead
For Sale
$1,975,000
4001 S Taft Hill Rd, Fort Collins, CO 80526
A retail-forward showroom with office support and multiple overhead doors, supported by paved parking and extra yard storage.
Property Size10,500 SF
Lot Size2.00 Acres
Price / SF$188.10
Days on Market89
Property Features for 4001 S Taft Hill Rd
General Information
Standard status
Active
Size
10,500 SF
Lot size
2.00 Acres
Property subtype
Commercial
Zoning
Commercial Corridor
Additional Details
Drive-In Doors
4
Taxes and HOA fees
Annual Taxes
$36,246
Building Details
Building Size
10,500 SF
Year Built
1985
Listing Agency:
F & M Real Estate Co.
(970) 214-7612
Listed By:
Michael McCrery
(970) 214-7612
Source:
Elliman
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 29 at 12:13PM
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 F & M Real Estate Co.
Investment Insights
Based on property information with market context.
Well located 10,500 square-foot retail store featuring frontage on Taft Hill Road, set on 2+ acres with paved parking and excess yard storage. The building is laid out with a large, finished showroom area plus additional warehouse space. Interior amenities include finished offices, restrooms, and a break room. For added functionality, the property includes two mezzanines for additional storage or office use.
The site includes two 14' overhead doors and two 12' overhead doors, supporting flexible receiving and back-of-house operations. The property is zoned Commercial Corridor in Larimer County. It has historically been used as a retail store and is currently leased through the end of 2026, with availability for lease beginning in 2027.
This configuration is well-suited for operators looking for a retail-oriented sales floor paired with on-site storage and warehousing capabilities. With office space, restrooms, and multiple loading doors, the property can support customer-facing operations while maintaining practical space for inventory, fulfillment, or warehousing needs.
The site includes two 14' overhead doors and two 12' overhead doors, supporting flexible receiving and back-of-house operations. The property is zoned Commercial Corridor in Larimer County. It has historically been used as a retail store and is currently leased through the end of 2026, with availability for lease beginning in 2027.
This configuration is well-suited for operators looking for a retail-oriented sales floor paired with on-site storage and warehousing capabilities. With office space, restrooms, and multiple loading doors, the property can support customer-facing operations while maintaining practical space for inventory, fulfillment, or warehousing needs.
Key Highlights
- 10,500 SF retail store with frontage on Taft Hill Road and paved parking on 2+ acres
- Functional layout includes large finished showroom plus additional warehouse space
- Office support: finished offices, restrooms, and a break room
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
$158,363
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
8.02%
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%
$3,167,260
$3.2M
Cap Rate 7%
$2,262,329
$2.3M
Cap Rate 9%
$1,759,589
$1.8M
Market Conditions
NOI Build-Up for 10,500 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
$238.1K $22.68/SF
− Vacancy
−$11.9K −$1.13/SF
EGI
$226.2K $21.55/SF
− OpEx
−$67.9K −$6.46/SF
NOI
$158.4K $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%
$3,167,260
Cap Rate 7%
$2,262,329
Cap Rate 9%
$1,759,589
Alternative Uses
Best Use
Retail
$2.26M
$1.98M – $2.64M
NOI $158,363 @ 7.0% cap · market cap 8.02%
Second Best
Warehouse
$1.83M
$1.60M – $2.14M
NOI $128,252 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M
NOI $191,394 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80526, CO
45,624
Population
19,463
Households
2.3
Avg Household Size
35
Median Age
57%
College-Educated
98%
High-School Grad
32.0 sq mi
ZIP Area
1,426
Density / Sq Mi
$89,098
Median Household Income
$42,496
Median Earnings
$1,641
Median Rent
$520,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - A retail-forward showroom with office support and multiple overhead doors, supported by paved parking and extra yard storage.
Where is this flex space located?
The property is located at 4001 S Taft Hill Rd Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 10,500 SF retail store with frontage on Taft Hill Road and paved parking on 2+ acres; Functional layout includes large finished showroom plus additional warehouse space; Office support: finished offices, restrooms, and a break room
