Second-Floor Office
2001 S Shields St #D-3, Fort Collins, CO 80526
For Sale
$325,000
Elevator access serves a flexible professional suite with reception, support space, and a private restroom.
Property Size1,613 SF
Price / SF$201.49
Days on Market146
Property Features for 2001 S Shields St #D-3
General Information
Standard status
Size
Elevators
Property subtype
Zoning
Space & Availability
Floor
Condition
Furnished
Site & Location
Neighborhood
Public Transit
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
SORA Realty
Listed By:
Steve Stinnett
(970) 779-4861
Source:
Lovenocorealestate
Added: Jun 23
Changed: Nov 14
Last Checked: Nov 14 at 2:04PM
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 SORA Realty
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Investment Insights
Based on property information with market context.
This 1,613-square-foot office condo occupies the second floor of a 2001 building. Its plan includes six private offices, a waiting and reception area, a kitchenette with break and copy space, and a private restroom. Windows bring in natural light and provide mountain views; elevator service and a shared common-area restroom are also available.
The property is at 2001 S Shields St, north of Drake Road and just off Shields Street in Fort Collins. Nearby uses include professional offices and retail amenities, with public transportation accessible to clients and staff. The zoning designation is MMN.
The property is at 2001 S Shields St, north of Drake Road and just off Shields Street in Fort Collins. Nearby uses include professional offices and retail amenities, with public transportation accessible to clients and staff. The zoning designation is MMN.
Key Highlights
- 1,613‑square‑foot office condo on the second floor
- Six private offices, plus a waiting and reception area
- Kitchenette, break area, copy space, and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,634
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,680
$452.7K
Cap Rate 7%
$323,343
$323.3K
Cap Rate 9%
$251,489
$251.5K
Market Conditions
NOI Build-Up for 1,613 SF
Gross rent
$35.4K $21.96/SF
− Vacancy
−$5.2K −$3.25/SF
EGI
$30.2K $18.71/SF
− OpEx
−$7.5K −$4.68/SF
NOI
$22.6K $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%
$452,680
Cap Rate 7%
$323,343
Cap Rate 9%
$251,489
Alternative Uses
Best Use
Office B
$323.3K
$282.9K – $377.2K
NOI $22,634 @ 7.0% cap · market cap 6.96%
Second Best
Healthcare Medical
$320.5K
$280.5K – $374.0K
NOI $22,437 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$420.0K
$367.5K – $490.0K
NOI $29,402 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
Explore this area
Business Placement
Demographics for 80526, CO
45,624
Population
19,463
Households
2.3
Avg Household Size
35
Median Age
57%
College-Educated
98%
High-School Grad
32.0 sq mi
ZIP Area
1,426
Density / Sq Mi
$89,098
Median Household Income
$42,496
Median Earnings
$1,641
Median Rent
$520,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in Fort Collins, CO
Properties on Market for Office Units in Fort Collins
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Elevator access serves a flexible professional suite with reception, support space, and a private restroom.
Where is this office unit located?
The property is located at 2001 S Shields St #D-3 Fort Collins, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,613‑square‑foot office condo on the second floor; Six private offices, plus a waiting and reception area; Kitchenette, break area, copy space, and private restroom
