Industrial Flex Unit with Overhead
309 S Summit View Dr 7 Fort Collins, CO 80524
New
309 S Summit View Dr 7, Fort Collins, CO, 80524
$320,000
For Sale
$320,000
Industrial flex space offers 16' clear height, an open layout, and a 12' x 12' overhead door.
Property Size1,500 SF
Price / SF$213.33
Days on Market3
Property Features for 309 S Summit View Dr 7
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing Agency
Realtec Commercial Real Estate- Fort Collins
(970) 229-9900
Listed by
Erik Broman · License #FA.100006880
(970) 229-9900
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 3:35 am Checked: Jul 20 at 3:35 am
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 Realtec Commercial Real Estate- Fort Collins
Investment Insights
Based on property information with market context.
This 1,500 SF industrial flex unit is designed for practical day-to-day use, featuring an open layout, a private restroom, and a 12' x 12' overhead door. The space provides 16' clear height to support a range of warehouse and light industrial needs.
The unit is well located along Mulberry with quick access to I-25 and downtown Fort Collins. Transit is minimal and the area is largely car-dependent, based on WalkScore and TransitScore indicators provided.
The configuration is straightforward for flexible operations, with the overhead door and high-clear ceiling supporting move-in and efficient use of the available interior space.
The unit is well located along Mulberry with quick access to I-25 and downtown Fort Collins. Transit is minimal and the area is largely car-dependent, based on WalkScore and TransitScore indicators provided.
The configuration is straightforward for flexible operations, with the overhead door and high-clear ceiling supporting move-in and efficient use of the available interior space.
Key Highlights
- 1,500 SF industrial/flex unit built in 1999
- 16' clear height
- 12' x 12' overhead door
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 | $22.5k | $15.00 |
| − Vacancy | −$945 | −$0.63 |
| EGI | $21.6k | $14.37 |
| − OpEx | −$3.2k | −$2.16 |
| NOI | $18.3k | $12.21 |
1,500 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$261.7K
$229.0K – $305.4K
NOI $18,322 @ 7.0% cap · market cap 5.73%
Second Best
Industrial
$215.5K
$188.6K – $251.5K
NOI $15,088 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$390.6K
$341.8K – $455.7K
NOI $27,342 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Life's a Buch
Production Facility
Pit Liquor Deodorant
(Bike/Boat/Book/etc) Store
The New Venetian Inc.
Building Supply
Switchback Powersports LLC
Auto Repair Shop
Floor Coverings International ...
Carpet & Flooring Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial flex space offers 16' clear height, an open layout, and a 12' x 12' overhead door.
Where is this flex space located?
The property is located at 309 S Summit View Dr 7 Fort Collins, CO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,500 SF industrial/flex unit built in 1999; 16' clear height; 12' x 12' overhead door
