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Two-Level Office Building
New
For Sale
$1,125,000

1301 Riverside Ave, Fort Collins, CO 80524

Reception space, enclosed offices, open work areas, and a conference room provide a mix of settings for daily business operations.

Property Size5,628 SF
Price / SF$199.89
Days on Market2

Property Features for 1301 Riverside Ave

General Information

Standard status Active
Size 5,628 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $20,560

Amenities

break room
private restrooms
secure storage
conference room

Building Details

Building Size 5,628 SF
Year Built 1978
Buildings 1
Stories 2
Listing Agency: Waypoint Real Estate
Listed By: Joshua Guernsey · License #100012659
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 9 at 6:19PM

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 Waypoint Real Estate

Investment Insights

Based on property information with market context.

This 5,628-square-foot office building occupies two levels. Its layout includes a reception foyer, private offices, open workstations, and a large conference room. A full floor is devoted to private offices, and the property also has a break room, private restrooms, secure storage, and a separate side entrance.

The building is minutes from Old Town Fort Collins at 1301 Riverside Ave.

Key Highlights

  • 5,628‑square‑foot office building across two levels
  • Full floor of private offices, plus open workstations
  • Large conference room and reception foyer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,975
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,579,500 $1.6M
Cap Rate 7%
$1,128,214 $1.1M
Cap Rate 9%
$877,500 $877.5K
Market Conditions
NOI Build-Up for 5,628 SF
Gross rent
$123.6K $21.96/SF
− Vacancy
−$18.3K −$3.25/SF
EGI
$105.3K $18.71/SF
− OpEx
−$26.3K −$4.68/SF
NOI
$79.0K $14.03/SF
Area
Fort Collins, CO
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,579,500
Cap Rate 7%
$1,128,214
Cap Rate 9%
$877,500

Alternative Uses

Best Use
Office B
$1.13M
$987.2K – $1.32M (±1% cap)
NOI $78,975 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,587 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

William D. O ... Physician Dr. Meredith A. Rawa Physician Dr. Rawa Physician Tara Zeller Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,911
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Reception space, enclosed offices, open work areas, and a conference room provide a mix of settings for daily business operations.
Where is this office building located?
The property is located at 1301 Riverside Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 5,628‑square‑foot office building across two levels; Full floor of private offices, plus open workstations; Large conference room and reception foyer
More about this property
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