Downtown Office Suites with End-Cap
323 S College Ave #5 6, Fort Collins, CO 80524
For Sale
$844,800
A professional office layout offers flexible space, College Avenue access, and monument signage.
Property Size3,840 SF
Price / SF$220
Days on Market574
Property Features for 323 S College Ave #5 6
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Asking Price
Road Access
Office Units
Property Use
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Comm. Alliance-FTC Dwtn
Listed By:
Michelle Hickey Crawford · License #1414
(970) 215-7016
Source:
Blackfeatherrealty
Added: Apr 15, 2025
Changed: Nov 4
Last Checked: Nov 8 at 9:32PM
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 RE/MAX Comm. Alliance-FTC Dwtn
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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.
Suites 5 and 6 comprise 3,840 square feet of professional office space, configured together with an end-cap position that brings in natural light. The building dates to 1952, and the property is zoned DD. Comcast is identified as the IT provider. A six-month leaseback may be negotiable following a sale.
The office property is in downtown Fort Collins, with access from College Avenue and monument signage along the avenue. The combined suites are offered together; Suite 6 also has a separate lease offering for 1,488 square feet.
The office property is in downtown Fort Collins, with access from College Avenue and monument signage along the avenue. The combined suites are offered together; Suite 6 also has a separate lease offering for 1,488 square feet.
Key Highlights
- Suites 5 and 6 total 3,840 square feet and are offered together
- End‑cap position provides natural light
- Suite 6 includes 1,488 square feet and is available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,885
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,700
$1.1M
Cap Rate 7%
$769,786
$769.8K
Cap Rate 9%
$598,722
$598.7K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$84.3K $21.96/SF
− Vacancy
−$12.5K −$3.25/SF
EGI
$71.8K $18.71/SF
− OpEx
−$18.0K −$4.68/SF
NOI
$53.9K $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%
$1,077,700
Cap Rate 7%
$769,786
Cap Rate 9%
$598,722
Alternative Uses
Best Use
Office B
$769.8K
$673.6K – $898.1K
NOI $53,885 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$999.9K
$875.0K – $1.17M
NOI $69,996 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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
$527,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Fort Collins, CO
Properties on Market for Office Units in Fort Collins
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A professional office layout offers flexible space, College Avenue access, and monument signage.
Where is this office unit located?
The property is located at 323 S College Ave #5 6 Fort Collins, CO.
What is the asking price?
The asking price for this property is $844,800.
What are key features of this property?
This property features: Suites 5 and 6 total 3,840 square feet and are offered together; End‑cap position provides natural light; Suite 6 includes 1,488 square feet and is available for lease
