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    Turnkey Live/Work Flex Property Title is generated by Realmo AI

    921 E Prospect Rd, Fort Collins, CO 80525

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    Detached shop and garage support an on-site operation on a lot sized for equipment parking and access.

    Type:OFFICE
    Property size:
    6,600 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $181/SF
    Added:
    Jun 23, 2026
    Days on Market:
    14
    Last Refresh:
    Jul 1 at 1:57 am

    Property Features for 921 E Prospect Rd

    General Information

    Standard status
    Active
    Size
    6,600 SF
    Lot size
    0.50 Acres
    Property subtype
    OFFICE

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    Bruce Campbell
    Bruce Campbell

    Listing office Realtec Loveland

    Listing date Jun 23, 2026

    Source Moodyscre

    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 Realtec Loveland

    HighLights

    • Detached shop plus additional garage supports an on‑site live/work operation
    • Half‑acre lot provides space for trucks, trailers, and equipment parking
    • 20K–30K VPD exposure along Prospect Road for daily visibility
    • Operate on‑site to reduce lease costs and commute time
    • Minutes to I‑25 and College Avenue via central access
    • LMN zoning for built‑in flexibility

    Overview

    This turnkey live/work property is set up for operating on-site, with dedicated living space alongside a detached shop and additional garage. The arrangement provides functional separation between home and business use, making it practical for owners and operators who want to work without commuting or relying on off-site leases.

    The property sits on a half-acre lot, offering room for trucks, trailers, and equipment. It also provides strong daily exposure along Prospect Road, supporting visibility for businesses that benefit from consistent street presence.

    With central access to I-25 and College Avenue within minutes, the site is positioned for convenient regional connectivity. The LMN zoning is noted for built-in flexibility, which can be useful for a range of flex-style tenants and owner-users seeking an integrated living and commercial setup while maintaining separation between residential and business space.

    Local Financial Insights For Mixed Use

    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 $162.4k $24.60
    − Vacancy −$12.2k −$1.85
    EGI $150.2k $22.76
    − OpEx −$56.3k −$8.53
    NOI $93.9k $14.22
    6,600 SF · lease $24.60/SF/yr · vacancy 7.50% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,864 @ 7.0% cap · market cap 7.82%
    Second Best
    Office B
    $1.32M
    $1.16M – $1.54M (±1% cap)
    NOI $92,614 @ 7.0% cap · market cap 7.72%
    Theoretical Best
    Office A
    $1.72M
    $1.50M – $2.01M (±1% cap)
    NOI $120,305 @ 7.0% cap · market cap 10.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Endo Creative Marketing & Advertising Nico Cost Professional ... General Contractor Englehorn Jeff Counselor Baughman Darren Counselor Bassett Christine M Marriage Or Relationship Counselor

    Suggested Use

    Electrical Service Hotel & Motel Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Discount Store Shopping Center & Mall Real Estate Agency Cosmetic Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0599879
    Latitude
    40.5666647

    FAQs

    What type of property is this?
    Live-work space - Detached shop and garage support an on-site operation on a lot sized for equipment parking and access.
    Where is this live-work space located?
    The property is located at 921 E Prospect Rd Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Detached shop plus additional garage supports an on‑site live/work operation; Half‑acre lot provides space for trucks, trailers, and equipment parking; 20K–30K VPD exposure along Prospect Road for daily visibility
    (970) 231-6824 Call to check price and availability
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