College Avenue Commercial Buildings For
1307 N College Ave Fort Collins, CO 80524
For Sale
$775,000
Multiple buildings with frontage on College Avenue, suitable for commercial use.
Property Size7,050 SF
Lot Size0.41 Acres
Price / SF$109.93
Days on Market98
Property Features for 1307 N College Ave
General Information
Standard status
Active
Size
7,050 SF
Lot size
0.41 Acres
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
RE/MAX Comm. Alliance-FTC Dwtn
(970) 215-7016
Listed By:
Michelle Hickey Crawford · License #40038721
(970) 215-7016
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 1:43PM
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 RE/MAX Comm. Alliance-FTC Dwtn
Investment Insights
Based on property information with market context.
Multiple buildings are available for sale, featuring approximately 55 feet of frontage on College Avenue. The property is situated on a 0.41-acre parcel with an approximate 16-foot easement along the northern boundary. The total building square footage is estimated at 7,050 square feet. This includes a 3,300-square-foot retail building with frontage on College Avenue, a 1,500-square-foot storage space attached to the front retail building, an 1,100-square-foot office building with a kitchen, three offices, and an open workspace, and a 1,150-square-foot rear storage building. All sizes are approximate. The location experiences a traffic volume of 31,898 vehicles per day on North College Avenue (2017). The property is located in the 'C-S' Service Commercial District zone and the Colorado Enterprise Zone. The bike score is 73, indicating it is very bikeable. The walk score is 18, indicating car-dependent accessibility, and the transit score is 22, indicating minimal transit options.
Key Highlights
- High‑traffic location: 31,898 vehicles per day on N College Ave.
- Substantial price reduction to $775,000 ($110 per sf).
- Multiple buildings totaling approximately 7,050 sq ft: retail, office, and storage.
Financial Insights For Industrial
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 | $105.8k | $15.00 |
| − Vacancy | −$4.4k | −$0.63 |
| EGI | $101.3k | $14.37 |
| − OpEx | −$30.4k | −$4.31 |
| NOI | $70.9k | $10.06 |
7,050 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.77M
NOI $106,330 @ 7.0% cap · market cap 13.72%
Second Best
Office B
$1.41M
$1.24M – $1.65M
NOI $98,929 @ 7.0% cap · market cap 12.77%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,507 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Multiple buildings with frontage on College Avenue, suitable for commercial use.
Where is this storefront property located?
The property is located at 1307 N College Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: High‑traffic location: 31,898 vehicles per day on N College Ave.; Substantial price reduction to $775,000 ($110 per sf).; Multiple buildings totaling approximately 7,050 sq ft: retail, office, and storage.
