Well-Maintained Industrial Warehouse For
500 N Link Ln, Fort Collins, CO 80524
Industrial warehouse on oversized lot with fenced storage and parking.
Type:Industrial
Property size:
17,000 SFLot size:
1.87 AcresPrice / SF:
$244/SF- Added:
- Aug 8, 2024
- Days on Market:
- 664
- Last Refresh:
- May 12 at 9:58 pm
Property Features for 500 N Link Ln
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 1.87 Acres
- Property subtype
- Industrial
Listing agent Patty Spencer License #ER.040017338
Listing office Commercial Real Estate Brokers LLC
Listing date Aug 8, 2024
Source Crexi
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 Commercial Real Estate Brokers LLC
HighLights
- Exceptional curb appeal and attractive image.
- Oversized 81,426 SF lot with fenced outside storage and large parking area allows for future expansion or development.
- New roof with double insulation and WH skylights.
- Large parking area enhances delivery & shipping access for large trucks with drive‑in capability.
- I‑beam in WH for hoist.
- Freshly paved/re‑striped and gated parking lot with modern monument signage.
Overview
This exceptionally well-maintained light industrial warehouse is available for sale. The building is situated on an 81,426 square foot oversized lot, which includes fenced outside storage and a large parking area. These features create opportunities for future building additions or upgrades. The building presents exceptional curb appeal and an attractive image. Upgrades include a new roof with double insulation, warehouse skylights, and an I-beam in the warehouse for a hoist. The oversized parking area enhances delivery and shipping access for large trucks with drive-in capability. The building exterior is in superior shape, featuring a nicely landscaped courtyard, a freshly paved and re-striped gated parking lot, and modern monument signage. The property is located in Fort Collins, Colorado.
Local Financial Insights For Warehouse
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 | $255.0k | $15.00 |
| − Vacancy | −$10.7k | −$0.63 |
| EGI | $244.3k | $14.37 |
| − OpEx | −$36.6k | −$2.16 |
| NOI | $207.6k | $12.21 |
17,000 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.97M
$2.60M – $3.46M
NOI $207,647 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$2.44M
$2.14M – $2.85M
NOI $171,003 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$4.43M
$3.87M – $5.16M
NOI $309,876 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Arenus
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- Colonial Self Storage Co — Storage Office, 1328 E Mulberry St, Fort Collins, CO 80524
- Airpark Industrial Development LLC — 2040 Airway Ave, Fort Collins, CO 80524
- Orion Mini-Storage — 308 Commerce Dr Unit A, Fort Collins, CO 80524
- Liquid Powersports — 2200 Airway Ave ste b, Fort Collins, CO 80524
- East Lincoln Self Storage — 1611 E Lincoln Ave, Fort Collins, CO 80524
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.0487387
- Latitude
- 40.591354
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Industrial warehouse on oversized lot with fenced storage and parking.
Where is this warehouse located?
The property is located at 500 N Link Ln Fort Collins, CO.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Exceptional curb appeal and attractive image.; Oversized 81,426 SF lot with fenced outside storage and large parking area allows for future expansion or development.; New roof with double insulation and WH skylights.
