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Freestanding Two-Story Office Building
For Sale
$1,100,000

2821 Remington St, Fort Collins, CO 80525

Commercial Sale, Fort Collins, CO

Property Size5,421 SF
Lot Size0.86 Acres
Price / SF$202.91
Days on Market49

Property Features for 2821 Remington St

General Information

Property type Commercial Sale
Property subtype Office
Zoning C
Accessibility Accessible Approach with Ramp
Appliances Kitchenette
Subdivision Thunderbird Estates
Lot features City Limits, Paved, Curbs, Gutters, Sidewalks
Elementary school district Poudre
Middle school district Poudre
High school district Poudre
Standard status Active
APN R1013939
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 31140

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1981
Building materials Frame, Brick, Floor: Ceramic Tile, Floor: Carpet
Roof type Flat
Listing Agency: Group Harmony
Listed By: Rachel Bomgaars · License #FA100053381
Added: Aug 21 Last Checked: Oct 8 at 1:06AM
MLS# 1066998

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding office property contains approximately 5,421 SF across two floors on a 0.86-acre parcel. The main level provides approximately 2,752 SF with reception, private offices, storage, conference rooms, a kitchenette, two entrances, and private restrooms. The upper level adds approximately 2,669 SF with a reception and waiting area, multiple offices, and private restrooms. Ceramic tile and carpet flooring, forced-air heat, central air, a flat roof, and an accessible ramp are included. Constructed in 1981, the building is zoned C and connected to public sewer.

The property is located at 2821 Remington St in Fort Collins, near the Foothills, King Soopers, Whole Foods, and other surrounding amenities. The setting offers ample parking and high traffic counts, with access suited to employees, clients, and visitors. Cable is available, and the property has no owner's association dues.

Key Highlights

  • Approximately 5,421 SF of office space across two floors
  • 0.86‑acre parcel with ample parking
  • Main floor contains approximately 2,752 SF with offices, conference rooms, storage, and kitchenette

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 - Flexible professional workspace with private offices, conference rooms, reception areas, and separate entrances across two floors.
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: Approximately 5,421 SF of office space across two floors; 0.86‑acre parcel with ample parking; Main floor contains approximately 2,752 SF with offices, conference rooms, storage, and kitchenette
More about this property
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