Versatile Warehouse with Expansion
1415 Blue Spruce Cir Fort Collins, CO
1415 Blue Spruce Cir, Fort Collins, CO, 00000
Contact for pricing
For Sale
Contact for pricing
34,896 SF warehouse with loading docks and expansion possibilities.
Property Size34,896 SF
Lot Size2.05 Acres
Price / SF$169.07
Days on Market373
Property Features for 1415 Blue Spruce Cir
General Information
- Standard status
- Active
- Size
- 34,896 SF
- Lot size
- 2.05 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
CBRE - Fort Collins
(970) 217-4223
Listed by
Pete Kelly · License #FA.040024504
(970) 217-4223
Source
Moodyscre
Added: Jul 10, 2025 Checked: Jul 15 at 10:33 pm
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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
The property at 1415 Blue Spruce Circle offers an opportunity for buyers to operate as is or consider expansion with the adjacent lot, which is also for sale. The current building supports various uses, featuring three front-loading docks at trailer height and four additional bay doors at ground level in the rear. The location provides quick access to major transportation routes, facilitating easy transportation and accessibility for workers and semi-trucks. East Vine Drive and the Mulberry corridor are both less than 5 minutes from the property, providing convenient access to I-25 and western Fort Collins.
Key Highlights
- 3 front loading docks at trailer height and 4 rear bay doors at ground level.
- Quick access to major travel arteries.
- Opportunity for expansion with adjacent lot for sale.
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 | $523.4k | $15.00 |
| − Vacancy | −$22.0k | −$0.63 |
| EGI | $501.5k | $14.37 |
| − OpEx | −$75.2k | −$2.16 |
| NOI | $426.2k | $12.21 |
34,896 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.09M
$5.33M – $7.10M
NOI $426,237 @ 7.0% cap · market cap 7.22%
Second Best
Industrial
$5.01M
$4.39M – $5.85M
NOI $351,019 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$9.09M
$7.95M – $10.60M
NOI $636,084 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Prime Storage — 2120 midpoint dr, fort collins, co 80525
- Stow It Self Storage — 1630 Riverside Ave, Fort Collins, CO 80524
- Academy Boat & RV Storage — 1101 Academy Ct, Fort Collins, CO 80524
- Just Store It! — 1640 Riverside Ave, Fort Collins, CO 80524
- STOR-N-LOCK Self Storage — 2103 Joseph Allen Dr, Fort Collins, CO 80525
FAQs
What type of property is this?
Warehouse - 34,896 SF warehouse with loading docks and expansion possibilities.
Where is this warehouse located?
The property is located at 1415 Blue Spruce Cir Fort Collins, CO.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 3 front loading docks at trailer height and 4 rear bay doors at ground level.; Quick access to major travel arteries.; Opportunity for expansion with adjacent lot for sale.
