Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Adaptable Commercial Space For Sale Title is generated by Realmo AI

    4401 Innovation #2, Fort Collins, CO 80525

    View on Map
    Claim this Listing
    For Sale
    $3,700,000

    27,318 SF commercial space suitable for various business uses.

    Type:Commercial
    Property size:
    64,784 SF
    Lot size:
    4.88 Acres
    Price / SF:
    $57/SF
    Added:
    Nov 19, 2025
    Days on Market:
    197
    Last Refresh:
    Apr 5 at 8:19 pm

    Property Features for 4401 Innovation #2

    General Information

    Standard status
    Active
    Size
    64,784 SF
    Lot size
    4.88 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    ANNAH MOORE
    ANNAH MOORE

    Listing agent ANNAH MOORE License #CO40022278

    Listing office Ccb Real Estate Llc

    Listing date Nov 19, 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 Ccb Real Estate Llc

    HighLights

    • Significant upgrades underway for a premier pickleball club (Zero Zero Two), serving as an anchor tenant.
    • 27,318 SF of space available for sale or lease.
    • Open floor plan easily adaptable for various commercial uses.
    • Benefits from increased exposure and enhanced amenities due to the new anchor tenant.
    • Located in a revitalized, high‑potential location.
    • Originally built in 1978, the building has been reconfigured into two condominium units.

    Overview

    Originally constructed in 1978, this 64,784 square foot single-story building has been reconfigured into two condominium units. Currently, 27,318 square feet is available for sale or lease. The space, previously used as a call center, features an open floor plan adaptable for various commercial uses. The property is undergoing upgrades in preparation for Zero Zero Two, a pickleball club. This anchor tenant is expected to bring energy to the site, along with property improvements. Buyers and tenants may benefit from increased exposure, enhanced amenities, and a growing community hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Qualfon Fort Collins Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.045
    Latitude
    40.5266

    Nearby Similar for Sale

    • $1,975,000
      10,500 SF

      Retail Store with Yard Storage

      10,500 SF retail store with parking and yard.
      4001 S Taft Hill Rd, Fort Collins, CO 80526
      View Details
    • $1,500,000
      6,443 SF

      Professional Office Building in Fort Collins

      Well-maintained office building in west Fort Collins, suitable for various uses.
      1000 Centre Ave, Fort Collins, CO 80526
      View Details
    • $1,050,000
      2,772 SF

      Triplex-Style Residential Income Property

      Three separate living spaces with two utility meters, positioned for owner-occupant or investor flexibility pending city approvals.
      629 Stover St, Fort Collins, CO 80524
      View Details
    • $1,415,000
      7,100 SF

      Prime Fort Collins Medical Office

      Exceptional medical office building in central Fort Collins location.
      375 E Horsetooth Rd, Fort Collins, CO 80525
      View Details
    • $995,000
      3,456 SF

      Fort Collins Fourplex Investment Opportunity

      Turnkey fourplex in a desirable Fort Collins location.
      4500 Stover St, Fort Collins, CO 80525
      View Details
    • $559,000
      2,290 SF

      Over-Under Duplex with Private Entrances

      Over-under duplex offering separate utilities, private lower entry, and a fully fenced backyard with a large patio.
      723 E Prospect Rd, Fort Collins, CO 80525
      View Details
    • $549,900

      Downtown Fort Collins Office Building

      Unique office building in the heart of downtown Fort Collins.
      500 E Oak St, Fort Collins, CO 80524
      View Details
    • $925,000
      3,862 SF

      Fort Collins Fourplex Near Hospital

      Well-maintained fourplex in prime location with strong rental history.
      1009 McHugh St, Fort Collins, CO 80524
      View Details
    • $899,000
      2,348 SF

      Old Town Fort Collins Investment

      Investment property in prime Old Town Fort Collins location.
      416 Locust St, Fort Collins, CO 80524
      View Details
    • $725,000

      Professional Office Condo For Sale

      Well-maintained office condo in desirable Fort Collins location.
      3726 S Timberline Rd, Fort Collins, CO 80525
      View Details
    • $1,650,000
      4,357 SF

      Old Town Fort Collins Quadplex

      Completely rebuilt, high-end 4-unit rental property in prime location.
      625 Peterson St, Fort Collins, CO 80524
      View Details
    • $1,550,000
      5,840 SF

      Adaptable Retail/Flex Building For Sale

      5,840 SF building with showroom, office, and warehouse space.
      819 E Mulberry Street, Fort Collins, CO 80524
      View Details

    FAQs

    What type of property is this?
    Office units - 27,318 SF commercial space suitable for various business uses.
    Where is this office units located?
    The property is located at 4401 Innovation #2 Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: Significant upgrades underway for a premier pickleball club (Zero Zero Two), serving as an anchor tenant.; 27,318 SF of space available for sale or lease.; Open floor plan easily adaptable for various commercial uses.
    (719) 264-6955
    We can help!
    Listing Contact
    ANNAH MOORE
    ANNAH MOORE
    Real Estate License ID: CO40022278
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4401 Innovation #2, Fort Collins, CO 80525
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!