Freestanding Two-Level Office
For Sale
$1,000,000
4828 S College Ave, Fort Collins, CO 80525
Flexible office layout with private rooms, a lobby, accessible entry, on-site parking, and an attached garage.
Property Size6,307 SF
Price / SF$158.55
Days on Market47
Property Features for 4828 S College Ave
General Information
Standard status
Active
Size
6,307 SF
Building Details
Year Built
1993
Buildings
1
Stories
2
Listing Agency:
Group Centerra
Listed By:
Craig C Hau
(970) 222-0077
Source:
Thestrohmangroup
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 7 at 3:09PM
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 Group Centerra
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Investment Insights
Based on property information with market context.
Freestanding office property comprising 6,307 square feet across two levels, built in 1993. The interior includes a reception lobby and multiple private offices arranged within a functional floor plan. Handicap accessibility supports convenient access for occupants and visitors, while the on-site garage provides enclosed space for parking, storage, or operational needs.
The property is located at 4828 S College Ave in Fort Collins, along College Avenue in South Fort Collins. On-site parking, prominent signage opportunities, and visibility from the commercial corridor contribute to the building’s practical office configuration. The layout and existing improvements support a range of professional office functions.
The property is located at 4828 S College Ave in Fort Collins, along College Avenue in South Fort Collins. On-site parking, prominent signage opportunities, and visibility from the commercial corridor contribute to the building’s practical office configuration. The layout and existing improvements support a range of professional office functions.
Key Highlights
- 6,307‑square‑foot office building completed in 1993
- Two‑level configuration with private offices and a welcoming lobby
- On‑site parking plus an enclosed garage for vehicles, storage, or operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,503
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,770,060
$1.8M
Cap Rate 7%
$1,264,329
$1.3M
Cap Rate 9%
$983,367
$983.4K
Market Conditions
NOI Build-Up for 6,307 SF
Gross rent
$138.5K $21.96/SF
− Vacancy
−$20.5K −$3.25/SF
EGI
$118.0K $18.71/SF
− OpEx
−$29.5K −$4.68/SF
NOI
$88.5K $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%
$1,770,060
Cap Rate 7%
$1,264,329
Cap Rate 9%
$983,367
Alternative Uses
Best Use
Office B
$1.26M
$1.11M – $1.48M
NOI $88,503 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $114,964 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 80525, CO
55,901
Population
25,144
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
2,389
Density / Sq Mi
$93,349
Median Household Income
$48,876
Median Earnings
$1,744
Median Rent
$563,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout with private rooms, a lobby, accessible entry, on-site parking, and an attached garage.
Where is this office building located?
The property is located at 4828 S College Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,307‑square‑foot office building completed in 1993; Two‑level configuration with private offices and a welcoming lobby; On‑site parking plus an enclosed garage for vehicles, storage, or operations
