Freestanding Flex
For Sale
Contact for pricing
811 Stockton Ave, Fort Collins, CO 80524
Industrial property combines warehouse functionality with renovated office areas.
Property Size58,020 SF
Price / SF$170.63
Days on Market145
Property Features for 811 Stockton Ave
General Information
Standard status
Active
Size
58,020 SF
Class
B
Property subtype
Industrial
Zoning
C-Commercial
Building Details
Year Built
1985
Year Renovated
2021
Buildings
1
Stories
2
Listing Agency:
Avison Young - Denver
(303) 994-4295
Listed By:
Dawn McCombs · License #CO FA.040027275
Source:
Crexi
Added: Apr 9
Changed: Aug 30
Last Checked: Aug 30 at 2:29PM
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 Avison Young - Denver
Investment Insights
Based on property information with market context.
This freestanding flex property contains 58,020 sf within a 5.12-acre site and was built in 1985. The facility combines warehouse space with renovated office areas, providing a practical configuration for manufacturing, production, and related industrial operations. C-Commercial zoning supports its commercial positioning, while the scale of the improvements provides room for integrated office and industrial functions.
Located at 811 Stockton Ave in Fort Collins, Colorado, the property is presented as an owner-user facility. The building’s mix of warehouse and office components can accommodate workflows that require both operational space and administrative areas within one structure. The 58,020 sf measurement is based on an ILC Survey dated 8/16/2020.
Located at 811 Stockton Ave in Fort Collins, Colorado, the property is presented as an owner-user facility. The building’s mix of warehouse and office components can accommodate workflows that require both operational space and administrative areas within one structure. The 58,020 sf measurement is based on an ILC Survey dated 8/16/2020.
Key Highlights
- 58,020 sf freestanding flex building
- 5.12‑acre site in Fort Collins, Colorado
- C‑Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$814,162
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,283,240
$16.3M
Cap Rate 7%
$11,630,886
$11.6M
Cap Rate 9%
$9,046,244
$9.0M
Market Conditions
NOI Build-Up for 58,020 SF
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.
Gross rent
$1.27M $21.96/SF
− Vacancy
−$188.6K −$3.25/SF
EGI
$1.09M $18.71/SF
− OpEx
−$271.4K −$4.68/SF
NOI
$814.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,283,240
Cap Rate 7%
$11,630,886
Cap Rate 9%
$9,046,244
Alternative Uses
Best Use
Office B
$11.63M
$10.18M – $13.57M
NOI $814,162 @ 7.0% cap · market cap 8.22%
Second Best
Warehouse
$10.12M
$8.86M – $11.81M
NOI $708,685 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$15.11M
$13.22M – $17.63M
NOI $1,057,589 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property combines warehouse functionality with renovated office areas.
Where is this flex space located?
The property is located at 811 Stockton Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 58,020 sf freestanding flex building; 5.12‑acre site in Fort Collins, Colorado; C‑Commercial zoning
