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    1520 Mulberry St Fort Collins, CO 80524

    Sponsored
    For Sale
    $2,250,000

    Prime Office Investment, High Visibility

    Property size:
    16,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, 16,210 square foot office building at 1520 East Mulberry Street in Fort Collins, Colorado, presents a compelling owner-user or investment opportunity. Built in 1974 and renovated in 2014, the Class B property sits on a 1.62-acre lot and boasts high visibility with 38,320 vehicles passing daily. Currently 38% occupied, the building generates $106,473 in annual gross rental income from four tenants. The remaining 10,126 square feet offers significant potential for an owner-user, adaptable to various office configurations, including medical or retail uses. Its strategic location, less than 1.5 miles from Highway 287 and 2.5 miles from I-25, ensures convenient access and strong potential for future growth. The asking price is $2,250,000, translating to $138.80 per square foot. This property offers a blend of immediate income and long-term growth potential in a thriving Colorado market. The property is zoned for office, medical, and retail uses.

    Property Features for 1520 Mulberry St

    General Information

    Property type
    Medical offices
    Square Feet
    16,210 SF
    Class
    B
    Lot Size
    70,567 SF

    Building Details

    Year Built/Renovated
    1974/2014
    Stories
    2

    HighLights

    • Excellent investment or owner‑user opportunity.
    • High‑traffic location with strong visibility.
    • Generating $106,473 in gross annual rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Plummer Insurance Insurance Agency Together Credit Union Credit Union FedEx Drop Box Mailing Service Chrysta Bairre, Career ... Consultant She Goes High Business Networking Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.04942624
    Latitude
    40.58156675

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    FAQs

    What type of property is this?
    Medical office - Prime Office Investment, High Visibility
    Where is this medical office located?
    The property is located at 1520 Mulberry St Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Excellent investment or owner-user opportunity.; High-traffic location with strong visibility.; Generating $106,473 in gross annual rental income.
    Request Owner's contact information
    1520 Mulberry St Fort Collins, CO 80524
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    Fort Collins, CO 80524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1520 Mulberry St Fort Collins, CO 80524
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