Warehouse Unit with
321 Hickory St #110, Fort Collins, CO 80524
For Sale
$1,540,000
Two overhead doors serve an open warehouse with a separate lobby and mezzanine office and storage area.
Property Size11,000 SF
Price / SF$140
Days on Market269
Property Features for 321 Hickory St #110
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Currently Operating
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Cushman & Wakefield
(970) 776-3900
Listed By:
Jason Ells · License #FA.040024170
(970) 231-7513
Source:
Blackfeatherrealty
Added: Feb 12
Changed: Nov 4
Last Checked: Nov 6 at 9:16PM
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 Cushman & Wakefield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,000-square-foot warehouse unit was built in 2019 and is zoned CS. Its layout includes a lobby, a large open warehouse area, three private restrooms, and a mezzanine used for office and storage space. Two overhead doors and high ceilings are among the building features. The space is currently used as a baseball training facility.
The property is just off North College Avenue. Eight parking spaces are adjacent to the unit, with additional shared parking to the south. Building signage is available above the entry.
The property is just off North College Avenue. Eight parking spaces are adjacent to the unit, with additional shared parking to the south. Building signage is available above the entry.
Key Highlights
- 11,000‑square‑foot warehouse unit built in 2019
- Two large overhead doors and high ceilings
- Open warehouse, lobby, three private restrooms, and mezzanine office/storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,360
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,687,200
$2.7M
Cap Rate 7%
$1,919,429
$1.9M
Cap Rate 9%
$1,492,889
$1.5M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$165.0K $15.00/SF
− Vacancy
−$6.9K −$0.63/SF
EGI
$158.1K $14.37/SF
− OpEx
−$23.7K −$2.16/SF
NOI
$134.4K $12.21/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,687,200
Cap Rate 7%
$1,919,429
Cap Rate 9%
$1,492,889
Alternative Uses
Best Use
Warehouse
$1.92M
$1.68M – $2.24M
NOI $134,360 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,508 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Well-served
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
$527,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Fort Collins, CO
Properties on Market for Warehouses in Fort Collins
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Save*Mor Self Storage — 677 Linden St, Fort Collins, CO 80524
- Vine Street Storage — 1034 W Vine Dr, Fort Collins, CO 80521
- FoCo Moving — 1046 Ten Mile Range Ln Unit C, Fort Collins, CO 80524
- Exodus Moving & Storage — 113 Hickory St, Fort Collins, CO 80524
- Alpine Moving Company — 1307 N College Ave, Fort Collins, CO 80524
Frequently Asked Questions
What type of property is this?
Warehouse - Two overhead doors serve an open warehouse with a separate lobby and mezzanine office and storage area.
Where is this warehouse located?
The property is located at 321 Hickory St #110 Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,540,000.
What are key features of this property?
This property features: 11,000‑square‑foot warehouse unit built in 2019; Two large overhead doors and high ceilings; Open warehouse, lobby, three private restrooms, and mezzanine office/storage area
