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Freestanding Two-Story Office Building
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2821 Remington St, Fort Collins, CO 80525

Separate entrances and floor-level reception areas support distinct office teams or occupants.

Property Size5,421 SF
Lot Size5,421.00 Acres
Price / SF$202.91
Days on Market8

Property Features for 2821 Remington St

General Information

Standard status Active
Size 5,421 SF
Lot size 5,421.00 Acres
Property subtype OFFICE

Amenities

storage areas
conference rooms
kitchenette
private restrooms
waiting area

Building Details

Buildings 1
Stories 2
Building Size 5,421 SF
Listing Agency: The Group, Inc.
Listed By: Rachel Bomgaars · License #FA100053381
Source: Moodyscre
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 7 at 2:56PM

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 The Group, Inc.

Investment Insights

Based on property information with market context.

This freestanding office property contains 5,421 SF across two floors. The main level measures 2,752 SF and includes private offices, conference rooms, storage, a kitchenette, restrooms, and two entrances. A reception desk serves this floor. The 2,669-SF upper level has its own reception and waiting area, private offices, and restrooms, allowing the floors to function as distinct office areas.

The property is on Remington Street in Fort Collins, near the Foothills, King Soopers, Whole Foods, and other amenities. Ample parking and reported high traffic counts support access for staff and visitors. The building has been pre-inspected and has no owner’s association dues.

Key Highlights

  • 5,421 SF of office space on two floors
  • Main floor: 2,752 SF with two entrances, offices, conference rooms, storage, kitchenette, and restrooms
  • Upper floor: 2,669 SF with reception, waiting area, private offices, and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,070
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,400 $1.5M
Cap Rate 7%
$1,086,714 $1.1M
Cap Rate 9%
$845,222 $845.2K
Market Conditions
NOI Build-Up for 5,421 SF
Gross rent
$119.0K $21.96/SF
− Vacancy
−$17.6K −$3.25/SF
EGI
$101.4K $18.71/SF
− OpEx
−$25.4K −$4.68/SF
NOI
$76.1K $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%
$1,521,400
Cap Rate 7%
$1,086,714
Cap Rate 9%
$845,222

Alternative Uses

Best Use
Office B
$1.09M
$950.9K – $1.27M (±1% cap)
NOI $76,070 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,814 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Drake Manor Management Property Management Company

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hotel & Motel Barber Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,928
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Separate entrances and floor-level reception areas support distinct office teams or occupants.
Where is this office building located?
The property is located at 2821 Remington St Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,421 SF of office space on two floors; Main floor: 2,752 SF with two entrances, offices, conference rooms, storage, kitchenette, and restrooms; Upper floor: 2,669 SF with reception, waiting area, private offices, and restrooms
(970) 290-4198 Call to check price and availability
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