Industrial Property with Fenced
For Sale
Contact for pricing
516 North Highway 287, Fort Collins, CO 80524
Three-building industrial compound with substantial improvements and a large fenced outdoor yard.
Property Size18,120 SF
Lot Size11.21 Acres
Price / SF$151.77
Days on Market58
Property Features for 516 North Highway 287
General Information
Standard status
Active
Size
18,120 SF
Lot size
11.21 Acres
Property subtype
Industrial
Zoning
Planned Development
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Asking Price
$2,750,000
Building Details
Year Built
1995
Buildings
3
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Travis Ackerman · License #CO 100014006
(970) 222-6452
Source:
Crexi
Added: Aug 28
Changed: Oct 3
Last Checked: Oct 23 at 5:35AM
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 Cushman & Wakefield - Fort Collins, Colorado
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property includes three buildings totaling 18,120 square feet on 11.21 acres. Approximately 10.5 acres are enclosed as a fenced yard, providing a substantial outdoor component alongside the building improvements.
The property is positioned along Highway 287 in Fort Collins, with highway frontage and access connecting to Fort Collins and I-25. Its location also supports connectivity throughout Northern Colorado.
The property is positioned along Highway 287 in Fort Collins, with highway frontage and access connecting to Fort Collins and I-25. Its location also supports connectivity throughout Northern Colorado.
Key Highlights
- Three buildings totaling 18,120 SF
- 11.21‑acre industrial property
- Approximately 10.5 acres of fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,269
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,645,380
$3.6M
Cap Rate 7%
$2,603,843
$2.6M
Cap Rate 9%
$2,025,211
$2.0M
Market Conditions
NOI Build-Up for 18,120 SF
Gross rent
$271.8K $15.00/SF
− Vacancy
−$11.4K −$0.63/SF
EGI
$260.4K $14.37/SF
− OpEx
−$78.1K −$4.31/SF
NOI
$182.3K $10.06/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,645,380
Cap Rate 7%
$2,603,843
Cap Rate 9%
$2,025,211
Alternative Uses
Best Use
Industrial
$2.60M
$2.28M – $3.04M
NOI $182,269 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.72M
$4.13M – $5.50M
NOI $330,291 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
59
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Three-building industrial compound with substantial improvements and a large fenced outdoor yard.
Where is this industrial property located?
The property is located at 516 North Highway 287 Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Three buildings totaling 18,120 SF; 11.21‑acre industrial property; Approximately 10.5 acres of fenced yard
