Fort Collins Industrial Flex
For Sale
$700,000
309 South Summit View Drive, Fort Collins, CO 80524
Premium industrial space in Fort Collins with versatile mezzanine.
Property Size3,900 SF
Price / SF$179.49
Days on Market210
Property Features for 309 South Summit View Drive
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Industrial
Listing Agency:
CBRE - Fort Collins
Listed By:
Matt Patyk · License #FA100026054
(970) 372-3849
Source:
Cbre
Added: Mar 25
Changed: Oct 16
Last Checked: Oct 19 at 6:18AM
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 CBRE - Fort Collins
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial space is located in Fort Collins, Colorado. The property offers two units, 9 and 14. Unit 9 includes a mezzanine area. The property is suitable for business expansion or startups and is intended to enhance operational efficiency.
Key Highlights
- Two expansive industrial units (9 & 14) available.
- Located in Fort Collins, Colorado.
- Unit 9 includes a versatile mezzanine area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,230
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,600
$784.6K
Cap Rate 7%
$560,429
$560.4K
Cap Rate 9%
$435,889
$435.9K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$58.5K $15.00/SF
− Vacancy
−$2.5K −$0.63/SF
EGI
$56.0K $14.37/SF
− OpEx
−$16.8K −$4.31/SF
NOI
$39.2K $10.06/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,600
Cap Rate 7%
$560,429
Cap Rate 9%
$435,889
Alternative Uses
Best Use
Industrial
$560.4K
$490.4K – $653.8K
NOI $39,230 @ 7.0% cap · market cap 5.60%
Second Best
Flex RnD
$533.9K
$467.1K – $622.9K
NOI $37,371 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.02M
$888.6K – $1.18M
NOI $71,089 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Premium industrial space in Fort Collins with versatile mezzanine.
Where is this flex space located?
The property is located at 309 South Summit View Drive Fort Collins, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two expansive industrial units (9 & 14) available.; Located in Fort Collins, Colorado.; Unit 9 includes a versatile mezzanine area.
