College Avenue Commercial Buildings For
For Sale
$775,000
1307 North College Avenue Fort, Fort Collins, CO 80524
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 Market179
Property Features for 1307 North College Avenue Fort
General Information
Standard status
Active
Size
7,050 SF
Class
B
Lot size
0.41 Acres
Property subtype
Mixed Use
Zoning
Service Commercial
Amenities
Substantial price reduction to $775,000 ($110 per sf average)
Multiple buildings for sale with 55’ +/- of College Avenue frontage.
0.41 acre parcel w/ 16’ +/- easement along North boundary.
Retail building YOC 1963.
Total building SF is estimated at 7,050* sf:
3,300 sf retail building w/College Ave frontage.
1,500 sf storage space attached to front retail bldg.
1,100 sf office building w/kitchen, 3 offices and open workspace.
1,150 sf rear storage building. *All sizes are approximate.
31,898 vehicles per day on N College Ave (2017).
Located in the ‘C-S’ Service Commercial District zone.
Located within the Colorado Enterprise Zone.
Right in/right out access from College Avenue.
Building Details
Building Size
7,050 SF
Year Built
1963
Listing Agency:
RE/MAX
Listed By:
Michelle Hickey Crawford · License #1414
(970) 215-7016
Source:
Remaxcommercial
Added: Apr 24
Changed: Oct 16
Last Checked: Oct 19 at 3:16AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$70,916
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,320
$1.4M
Cap Rate 7%
$1,013,086
$1.0M
Cap Rate 9%
$787,956
$788.0K
Market Conditions
NOI Build-Up for 7,050 SF
Gross rent
$105.8K $15.00/SF
− Vacancy
−$4.4K −$0.63/SF
EGI
$101.3K $14.37/SF
− OpEx
−$30.4K −$4.31/SF
NOI
$70.9K $10.06/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,320
Cap Rate 7%
$1,013,086
Cap Rate 9%
$787,956
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.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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 North College Avenue Fort 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.
