Three-Level Office
For Sale
$1,427,000
1312 S Ave 1312 College Ave 1312, Fort Collins, CO 80524
Three-level office building with six private offices and common areas within a character-filled setting.
Property Size4,558 SF
Price / SF$313.08
Days on Market166
Property Features for 1312 S Ave 1312 College Ave 1312
General Information
Standard status
Active
Size
4,558 SF
Property subtype
Office
Additional Details
Office Units
6
Taxes and HOA fees
Annual Taxes
$25,993
Amenities
Central Air
3
CC
11761.0
Building Details
Year Built
1921
Stories
3
Listing Agency:
Cushman & Wakefield
(970) 412-0225
Listed By:
Nate Heckel · License #FA.040037901
(970) 412-0225
Source:
Xome
Added: Mar 12
Changed: Aug 23
Last Checked: Aug 24 at 4:18AM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
1312 S College is a character-filled office building featuring three levels designed for professional use. The space includes six private offices along with common areas, providing a mix of enclosed work areas and shared space.
The property is described as being positioned on the edge of Old Town in Fort Collins, CO, and is offered for sale.
With a multi-level layout and multiple office rooms, the building can support a range of office configurations while remaining centralized within its existing interior arrangement.
The property is described as being positioned on the edge of Old Town in Fort Collins, CO, and is offered for sale.
With a multi-level layout and multiple office rooms, the building can support a range of office configurations while remaining centralized within its existing interior arrangement.
Key Highlights
- Three‑level office building with flexible space for professional uses
- Includes six private offices plus common areas
- Character‑filled building on the edge of Old Town
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
$63,960
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
4.48%
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%
$1,279,200
$1.3M
Cap Rate 7%
$913,714
$913.7K
Cap Rate 9%
$710,667
$710.7K
Market Conditions
NOI Build-Up for 4,558 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
$100.1K $21.96/SF
− Vacancy
−$14.8K −$3.25/SF
EGI
$85.3K $18.71/SF
− OpEx
−$21.3K −$4.68/SF
NOI
$64.0K $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 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%
$1,279,200
Cap Rate 7%
$913,714
Cap Rate 9%
$710,667
Alternative Uses
Best Use
Office B
$913.7K
$799.5K – $1.07M
NOI $63,960 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,083 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-level office building with six private offices and common areas within a character-filled setting.
Where is this office building located?
The property is located at 1312 S Ave 1312 College Ave 1312 Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,427,000.
What are key features of this property?
This property features: Three‑level office building with flexible space for professional uses; Includes six private offices plus common areas; Character‑filled building on the edge of Old Town
