Mixed-Use Property with Detached
4829 E County Road 54, Fort Collins, CO 80524
For Sale
$725,000
Pending
A one-level residence is complemented by detached work buildings, smaller outbuildings, and open-zoned acreage.
Property Size1,788 SF
Lot Size2.30 Acres
Days on Market43
Property Features for 4829 E County Road 54
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Amenities
three detached garages/shop outbuildings
heated garage
additional detached garage
sheds
chicken coop
Building Details
Year Built
Abandoned
Listing Agency:
C3 Real Estate Solutions, LLC
Listed By:
Brett Sall · License CO #100077521
(970) 685-2441
Source:
Nocoflex
Added: Sep 29
Changed: Nov 9
Last Checked: Nov 8 at 8:53PM
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 C3 Real Estate Solutions, LLC
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Investment Insights
Based on property information with market context.
Set on approximately 2.3 acres, this mixed-use property combines a 1,788-square-foot, single-level residence with three detached garage/shop buildings. Two measure approximately 864 square feet apiece; one has heat. The third is approximately 572 square feet. Additional smaller structures include sheds and a chicken coop. The residence has three bedrooms, three bathrooms, an office, kitchen and dining area, living room, and laundry/mudroom. Hot water baseboard heat, a mini-split system, and ceiling fans serve the home.
Updates include interior and exterior paint, selected flooring, lighting, ceiling fans, and blinds. The laundry room has new cabinetry and butcher block countertops; the kitchen has stainless steel appliances and added shelving. The secondary bathroom received a new tub and tile, and the roof was replaced in 2022. The property is described as having open zoning.
Updates include interior and exterior paint, selected flooring, lighting, ceiling fans, and blinds. The laundry room has new cabinetry and butcher block countertops; the kitchen has stainless steel appliances and added shelving. The secondary bathroom received a new tub and tile, and the roof was replaced in 2022. The property is described as having open zoning.
Key Highlights
- Approximately 2.3 acres with open zoning
- Two detached garage/shop buildings, approximately 864 square feet each; one is heated
- Additional detached garage measures approximately 572 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,429
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,580
$508.6K
Cap Rate 7%
$363,271
$363.3K
Cap Rate 9%
$282,544
$282.5K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$44.0K $24.60/SF
− Vacancy
−$3.3K −$1.85/SF
EGI
$40.7K $22.76/SF
− OpEx
−$15.3K −$8.53/SF
NOI
$25.4K $14.22/SF
Area
Fort Collins, CO
Vacancy
7.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,580
Cap Rate 7%
$363,271
Cap Rate 9%
$282,544
Alternative Uses
Best Use
Mixed Use
$363.3K
$317.9K – $423.8K
NOI $25,429 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$465.6K
$407.4K – $543.2K
NOI $32,592 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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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
$527,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Larimer County, CO
Properties on Market for Mixed-use properties in Larimer County
Frequently Asked Questions
What type of property is this?
Mixed-use property - A one-level residence is complemented by detached work buildings, smaller outbuildings, and open-zoned acreage.
Where is this mixed-use property located?
The property is located at 4829 E County Road 54 Fort Collins, CO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Approximately 2.3 acres with open zoning; Two detached garage/shop buildings, approximately 864 square feet each; one is heated; Additional detached garage measures approximately 572 square feet
