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    Fort Collins Medical Office Building Title is generated by Realmo AI

    375 E Horsetooth #201, Fort Collins, CO 80525

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    For Sale
    $1,600,000

    7,100 SF medical office near central Fort Collins.

    Type:Commercial
    Property size:
    7,100 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $225/SF
    Added:
    Dec 3, 2025
    Days on Market:
    186
    Last Refresh:
    Apr 5 at 8:30 pm

    Property Features for 375 E Horsetooth #201

    General Information

    Standard status
    Active
    Size
    7,100 SF
    Lot size
    0.11 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    MARK VALDEZ

    Listing agent MARK VALDEZ

    Listing office Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

    Listing date Dec 3, 2025

    Source Corcoran

    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 Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

    HighLights

    • Prime Central Fort Collins Location: Highly desirable commercial corridor offering unmatched visibility and ease of access.
    • Ideal for Medical Use: Designed with an efficient layout suitable for a wide range of medical uses.
    • Functional and Flexible Design: Supports multiple treatment rooms, private offices, administrative areas, and patient reception.
    • Strong Demographics and Traffic: Benefits from strong surrounding demographics, steady traffic counts, and convenient access.
    • Ample Parking and Accessibility: Features ample parking, neighboring retailers, and nearby residential communities.
    • Rare Investment Opportunity: Represents a rare and compelling opportunity in a market with limited medical inventory.

    Overview

    This 7,100 square foot medical office building is located in a desirable commercial corridor in central Fort Collins, near the city's central business hub and major retail destinations. The location offers visibility, ease of access, and proximity to medical, professional, and retail services. The building's layout is designed for a range of medical uses, including clinic, specialty practice, outpatient services, or professional healthcare offices. The space supports multiple treatment rooms, private offices, administrative areas, and a patient reception area, allowing for operational flow and patient experience. The property benefits from strong surrounding demographics, steady traffic counts, and convenient access from primary arterial roads. Ample parking, neighboring retailers, and nearby residential communities enhance convenience for staff and clientele. This centrally located Fort Collins medical building represents a compelling opportunity in a market with limited medical inventory.

    Local Financial Insights For Office B

    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 $155.9k $21.96
    − Vacancy −$23.1k −$3.25
    EGI $132.8k $18.71
    − OpEx −$33.2k −$4.68
    NOI $99.6k $14.03
    7,100 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.42M
    $1.25M – $1.66M (±1% cap)
    NOI $99,630 @ 7.0% cap · market cap 6.23%
    Second Best
    Healthcare Medical
    $1.41M
    $1.23M – $1.65M (±1% cap)
    NOI $98,764 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,419 @ 7.0% cap · market cap 8.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edison Electricians of Fort ... Electrical Service Select Physical Therapy ... Medical Clinic Gary S. Ranch, ... Physician Griffith Michael A PHD Physician Janice D Ort ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Debra Davidson, DVM — 3801 S Mason St, Fort Collins, CO 80525
    • South Mesa Veterinary Hospital — 3801 S Mason St, Fort Collins, CO 80525
    • Dr. Naomi Hoyer — 3801 S Mason St, Fort Collins, CO 80525, United States
    • Dean Jana DVM — 3801 s mason st, fort collins, co 80525
    • Shelly Zaloudek — 3801 S Mason St, Fort Collins, CO 80525

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.072
    Latitude
    40.5377

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    FAQs

    What type of property is this?
    Medical Office Space - 7,100 SF medical office near central Fort Collins.
    Where is this medical office space located?
    The property is located at 375 E Horsetooth #201 Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Prime Central Fort Collins Location: Highly desirable commercial corridor offering unmatched visibility and ease of access.; Ideal for Medical Use: Designed with an efficient layout suitable for a wide range of medical uses.; Functional and Flexible Design: Supports multiple treatment rooms, private offices, administrative areas, and patient reception.
    (970) 226-5511
    We can help!
    Listing Contact
    MARK VALDEZ
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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