Office Unit with Conference
For Sale
$326,250
405 Mason Ct 113, Fort Collins, CO 80524
Move-in-ready office suite with open workspace, private-room flexibility, storage, and a kitchenette.
Property Size870 SF
Price / SF$375
Days on Market71
Property Features for 405 Mason Ct 113
General Information
Standard status
Active
Size
870 SF
Additional Details
Asking Price
$326,250
Building Details
Year Built
2005
Listing Agency:
RE/MAX Comm. Alliance-FTC Dwtn
Listed By:
Michelle Hickey Crawford · License #1414
(970) 215-7016
Source:
Thestrohmangroup
Added: Aug 7
Changed: Sep 15
Last Checked: Oct 7 at 3:49PM
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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Investment Insights
Based on property information with market context.
Unit 113 offers 870 SF of office space in a building constructed in 2005. The layout combines an open work area with a spacious conference room that can also function as a large private office, along with a storage room and kitchenette.
The suite is available for occupancy now, providing a defined office configuration with flexibility for collaborative work, meetings, private use, and on-site storage.
The suite is available for occupancy now, providing a defined office configuration with flexibility for collaborative work, meetings, private use, and on-site storage.
Key Highlights
- 870 SF office unit
- Constructed in 2005
- Open workspace layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,208
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,160
$244.2K
Cap Rate 7%
$174,400
$174.4K
Cap Rate 9%
$135,644
$135.6K
Market Conditions
NOI Build-Up for 870 SF
Gross rent
$19.1K $21.96/SF
− Vacancy
−$2.8K −$3.25/SF
EGI
$16.3K $18.71/SF
− OpEx
−$4.1K −$4.68/SF
NOI
$12.2K $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%
$244,160
Cap Rate 7%
$174,400
Cap Rate 9%
$135,644
Alternative Uses
Best Use
Office B
$174.4K
$152.6K – $203.5K
NOI $12,208 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$226.5K
$198.2K – $264.3K
NOI $15,858 @ 7.0% cap · market cap 4.86%
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
2,895
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready office suite with open workspace, private-room flexibility, storage, and a kitchenette.
Where is this office units located?
The property is located at 405 Mason Ct 113 Fort Collins, CO.
What is the asking price?
The asking price for this property is $326,250.
What are key features of this property?
This property features: 870 SF office unit; Constructed in 2005; Open workspace layout
