Industrial Flex Unit with Overhead
309 S Summit View Dr 7 Fort Collins, CO 80524
New
309 S Summit View Dr 7, Fort Collins, CO, 80524
$320,000
For Sale
$320,000
Industrial flex space offers 16' clear height, an open layout, and a 12' x 12' overhead door.
Property Size1,500 SF
Price / SF$213.33
Days on Market3
Property Features for 309 S Summit View Dr 7
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
Realtec Commercial Real Estate- Fort Collins
(970) 229-9900
Listed by
Erik Broman · License #FA.100006880
(970) 229-9900
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 3:35AM Checked: Jul 21 at 5:52AM
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 Realtec Commercial Real Estate- Fort Collins
Investment Insights
Based on property information with market context.
This 1,500 SF industrial flex unit is designed for practical day-to-day use, featuring an open layout, a private restroom, and a 12' x 12' overhead door. The space provides 16' clear height to support a range of warehouse and light industrial needs.
The unit is well located along Mulberry with quick access to I-25 and downtown Fort Collins. Transit is minimal and the area is largely car-dependent, based on WalkScore and TransitScore indicators provided.
The configuration is straightforward for flexible operations, with the overhead door and high-clear ceiling supporting move-in and efficient use of the available interior space.
The unit is well located along Mulberry with quick access to I-25 and downtown Fort Collins. Transit is minimal and the area is largely car-dependent, based on WalkScore and TransitScore indicators provided.
The configuration is straightforward for flexible operations, with the overhead door and high-clear ceiling supporting move-in and efficient use of the available interior space.
Key Highlights
- 1,500 SF industrial/flex unit built in 1999
- 16' clear height
- 12' x 12' overhead door
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 | $22.5k | $15.00 |
| − Vacancy | −$945 | −$0.63 |
| EGI | $21.6k | $14.37 |
| − OpEx | −$3.2k | −$2.16 |
| NOI | $18.3k | $12.21 |
1,500 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$261.7K
$229.0K – $305.4K
NOI $18,322 @ 7.0% cap · market cap 5.73%
Second Best
Industrial
$215.5K
$188.6K – $251.5K
NOI $15,088 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$390.6K
$341.8K – $455.7K
NOI $27,342 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Life's a Buch
Production Facility
Pit Liquor Deodorant
(Bike/Boat/Book/etc) Store
The New Venetian Inc.
Building Supply
Switchback Powersports LLC
Auto Repair Shop
Floor Coverings International ...
Carpet & Flooring Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial flex space offers 16' clear height, an open layout, and a 12' x 12' overhead door.
Where is this flex space located?
The property is located at 309 S Summit View Dr 7 Fort Collins, CO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,500 SF industrial/flex unit built in 1999; 16' clear height; 12' x 12' overhead door
