Medical Office
For Sale
$252,000
1424 E Horsetooth Rd 2a, Fort Collins, CO 80525
Maintained medical office property along E Horsetooth Road with standard office conversion potential.
Property Size1,119 SF
Price / SF$225.20
Days on Market93
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Property Features for 1424 E Horsetooth Rd 2a
General Information
Standard status
Active
Size
1,119 SF
Building Details
Year Built
1989
Listing Agency:
Group Harmony
Listed By:
Rhett Strom · License #IREP22798
(970) 229-0700
Source:
Thestrohmangroup
Added: Jul 15
Changed: Oct 3
Last Checked: Oct 7 at 3:54PM
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 Group Harmony
Investment Insights
Based on property information with market context.
This medical office property at 1424 E Horsetooth Rd, Suite 2A, was built in 1989 and is described as well maintained. The layout may also support conversion to standard office use. Located in Fort Collins, Colorado, the property offers an established professional setting along E Horsetooth Road.
Key Highlights
- Medical office property at 1424 E Horsetooth Rd 2A, Fort Collins, CO 80525
- Built in 1989
- Potential conversion to standard office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,702
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,040
$314.0K
Cap Rate 7%
$224,314
$224.3K
Cap Rate 9%
$174,467
$174.5K
Market Conditions
NOI Build-Up for 1,119 SF
Gross rent
$24.6K $21.96/SF
− Vacancy
−$3.6K −$3.25/SF
EGI
$20.9K $18.71/SF
− OpEx
−$5.2K −$4.68/SF
NOI
$15.7K $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%
$314,040
Cap Rate 7%
$224,314
Cap Rate 9%
$174,467
Alternative Uses
Best Use
Office B
$224.3K
$196.3K – $261.7K
NOI $15,702 @ 7.0% cap · market cap 6.23%
Second Best
Healthcare Medical
$222.4K
$194.6K – $259.4K
NOI $15,566 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$291.4K
$255.0K – $340.0K
NOI $20,397 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80525, CO
55,901
Population
25,144
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
2,389
Density / Sq Mi
$93,349
Median Household Income
$48,876
Median Earnings
$1,744
Median Rent
$563,100
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
Similar Off Market Nearby
- Dr. Kerry Hoobler-Riek — 3820 S Timberline Rd, Fort Collins, CO 80525
- Countryside Animal Hospital — 3820 S Timberline Rd, Fort Collins, CO 80525
- Harley Wendy DVM — 3820 S Timberline Rd, Fort Collins, CO 80525
- Rohn Kelly DVM — 3820 S Timberline Rd, Fort Collins, CO 80525
- Sanden Jr James V DVM — fort collins, co 80525
Frequently Asked Questions
What type of property is this?
Medical Office Space - Maintained medical office property along E Horsetooth Road with standard office conversion potential.
Where is this medical office space located?
The property is located at 1424 E Horsetooth Rd 2a Fort Collins, CO.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Medical office property at 1424 E Horsetooth Rd 2A, Fort Collins, CO 80525; Built in 1989; Potential conversion to standard office use
