Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    255 E Monroe Dr Fort Collins, CO 80525

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Professional office space with flexible floorplans in central Fort Collins.

    Type:Office
    Added:
    Aug 13, 2021
    Days on Market:
    1718
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 255 E Monroe Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1982

    Spaces For Lease

    at 255 E Monroe Dr Contact us

    Suite 2 $19 /Mo

    Size
    4,730 SF
    Type
    Office
    Contact us

    Suite 3 $19 /Mo

    Size
    1,982 SF
    Type
    Office
    Contact us

    Suite 1 $19 /Mo

    Size
    1,300 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Jason Ells

    Listing agent Jason Ells License #CO FA.040024170

    Listing office Cushman & Wakefield - Fort Collins, Colorado

    Listing date Aug 13, 2021

    Source Crexi

    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

    Overview

    Professional Office Space For Rent

    This professional office space is located in central Fort Collins, providing convenient access to College Avenue and Horsetooth Road. The location offers proximity to various restaurants, public transportation options, and entertainment venues. The building features ample off-street parking, along with building and monument signage opportunities. The flexible floorplans include a combination of private offices, conference rooms, and an open bullpen area suitable for cubicles. The space is ideally suited for real estate, title insurance, financial services, or other professional office users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brandon Bidwell, REALTOR® ... Real Estate Agency Philip Cooper REALTOR® ... Real Estate Agency Anali Roath, REALTOR® ... Real Estate Agency Colorado Senior Transitions ... Real Estate Agency Ryan Watson - Real ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon 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
    -105.0746127
    Latitude
    40.5404451

    Nearby Similar for Lease

    • $16 SF/Yr

      Unique Office/Flex Space Available

      Small office/flex space in high-traffic Harmony Corridor, Fort Collins.
      4803 Innovation Dr, Fort Collins, CO 80525
      View Details
    • $12 SF/Yr

      Fort Collins Retail/Industrial Space

      9768 SF retail/industrial building for lease in Fort Collins.
      6314 S College Ave, Fort Collins, CO 80525
      View Details
    • $64 SF/Yr

      Executive Office in Fort Collins

      Single executive office with shared amenities in south Fort Collins.
      4700 S College Ave, Fort Collins, CO 80525
      View Details
    • $24 SF/Yr

      Flex Space in Old Town

      Flex office/light manufacturing facility in Old Town Fort Collins.
      324 Jefferson St, Fort Collins, CO 80524
      View Details
    • $16 SF/Yr

      Professional Office Building For Lease

      Highly visible office building with premium exposure and access.
      4836 S College Ave, Fort Collins, CO 80525
      View Details
    • $35 SF/Yr

      Turnkey Restaurant Space Near CSU

      Move-in ready restaurant space with equipment and high visibility.
      460 S College Ave, Fort Collins, CO 80524
      View Details
    • $13 SF/Yr

      Functional Warehouse Units in Fort Collins

      Accessible Fort Collins warehouse units with various sizes and conditions.
      2100 Airway Ave, Fort Collins, CO 80524
      View Details
    • $16 SF/Yr

      Versatile Flex Space Available

      Functional flex space in Fort Collins, ideal for entrepreneurs.
      11 NW Frontage Rd, Fort Collins, CO 80524
      View Details
    • $13 SF/Yr

      Fort Collins Industrial Building For Rent

      Industrial building on six acres with cranes and large garage doors.
      617 N Timberline Rd, Fort Collins, CO 80524
      View Details
    • $8 SF/Yr

      Fort Collins Commercial Warehouse Space

      Warehouse space for rent in Fort Collins, Colorado.
      3700 Canal Dr, Fort Collins, CO 80524
      View Details
    • $10 SF/Yr

      Functional Flex/Manufacturing/Office Warehouse Units

      Flex, manufacturing, or office/warehouse units in Fort Collins, CO.
      409 Delozier Dr, Fort Collins, CO 80524
      View Details
    • $35 SF/Yr

      High-Traffic Retail/Service Space Available

      Modern retail/service space in Fort Collins' Harmony Corridor.
      2024 East Harmony Road, Fort Collins, CO, 80528
      View Details

    FAQs

    What type of property is this?
    Office units - Professional office space with flexible floorplans in central Fort Collins.
    Where is this office units located?
    The property is located at 255 E Monroe Dr Fort Collins, CO.
    What are key features of this property?
    This property features: Central Fort Collins location with easy access to College Avenue and Horsetooth Road.; Abundant off‑street parking.; Building and monument signage available.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Ells
    Real Estate License ID: CO FA.040024170
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!