Industrial Flex Unit with Overhead
309 Summit View Dr Fort Collins, CO 80524
309 Summit View Dr, Fort Collins, CO, 80524
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For Sale
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1,500 SF industrial flex unit featuring 16’ clear height and a 12’ x 12’ overhead door.
Property Size1,500 SF
Price / SF$216.67
Days on Market113
Property Features for 309 Summit View Dr
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Industrial
Listing agency
Realtec Commercial Real Estate- Fort Collins
(970) 229-9900
Listed by
Erik Broman · License #CO FA.100006880
Source
Crexi
Added: Mar 31 Updated: Jul 20 at 6:48PM Checked: Jul 21 at 4:55AM
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 laid out with an open interior plan and includes a private restroom. The building offers 16’ clear height, providing additional vertical capability for warehouse and light flex uses. An overhead door measuring 12’ x 12’ supports loading and unloading directly into the space.
The property is located along Mulberry with quick access to I-25 and downtown Fort Collins, supporting convenient regional and local access.
Overall, the unit is positioned as a compact industrial/flex option with practical loading through a dedicated overhead door and restroom service within the space.
The property is located along Mulberry with quick access to I-25 and downtown Fort Collins, supporting convenient regional and local access.
Overall, the unit is positioned as a compact industrial/flex option with practical loading through a dedicated overhead door and restroom service within the space.
Key Highlights
- 1,500 SF industrial/flex unit with open layout
- 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 5.64%
Second Best
Industrial
$215.5K
$188.6K – $251.5K
NOI $15,088 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$390.6K
$341.8K – $455.7K
NOI $27,342 @ 7.0% cap · market cap 8.41%
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 - 1,500 SF industrial flex unit featuring 16’ clear height and a 12’ x 12’ overhead door.
Where is this flex space located?
The property is located at 309 Summit View Dr 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: 1,500 SF industrial/flex unit with open layout; 16’ clear height; 12’ x 12’ overhead door
