Well-Maintained Industrial Warehouse For
For Sale
Contact for pricing
Pending
500 N Link Ln, Fort Collins, CO 80524
Industrial warehouse on oversized lot with fenced storage and parking.
Property Size17,000 SF
Lot Size1.87 Acres
Days on Market755
Property Features for 500 N Link Ln
General Information
Standard status
Pending
Size
17,000 SF
Lot size
1.87 Acres
Property subtype
Industrial
Zoning
IL - Light Industrial, Larimer County
Listing Agency:
Commercial Real Estate Brokers LLC
(970) 420-1891
Listed By:
Patty Spencer · License #ER.040017338
Source:
Crexi
Added: Aug 8, 2024
Changed: Aug 23
Last Checked: Sep 1 at 12:52AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
$207,647
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
5.00%
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%
$4,152,940
$4.2M
Cap Rate 7%
$2,966,386
$3.0M
Cap Rate 9%
$2,307,189
$2.3M
Market Conditions
NOI Build-Up for 17,000 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
$255.0K $15.00/SF
− Vacancy
−$10.7K −$0.63/SF
EGI
$244.3K $14.37/SF
− OpEx
−$36.6K −$2.16/SF
NOI
$207.6K $12.21/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
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%
$4,152,940
Cap Rate 7%
$2,966,386
Cap Rate 9%
$2,307,189
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Well-served
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Colonial Self Storage Co — Storage Office, 1328 E Mulberry St, Fort Collins, CO 80524
- East Lincoln Self Storage — 1611 E Lincoln Ave, Fort Collins, CO 80524
- Airpark Industrial Development LLC — 2040 Airway Ave, Fort Collins, CO 80524
- Liquid Powersports — 2200 Airway Ave ste b, Fort Collins, CO 80524
- Orion Mini-Storage — 308 Commerce Dr Unit A, Fort Collins, CO 80524
Frequently Asked Questions
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.
