Industrial Building Near
For Sale
Contact for pricing
SEC I-25 & Prospect Road, Fort Collins, CO 80525
Proposed industrial building with flexible spaces and outdoor storage.
Property Size24,000 SF
Price / SF$350
Days on Market930
Property Features for SEC I-25 & Prospect Road
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Tenancy
Multi
Listing Agency:
URealty Inc
Listed By:
Matt Haskell · License #CO ER040012597
(970) 690-1690
Source:
Crexi
Added: Apr 2, 2024
Changed: Oct 10
Last Checked: Oct 16 at 9:17AM
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 URealty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A proposed 24,000 square foot industrial building is planned for the southeast corner of I-25 and Prospect Road in Fort Collins. Spaces will range from 3,000 to 24,000 square feet, accommodating a large industrial user or up to 8 tenants. The property will have high visibility from the main interstate in Northern Colorado and convenient access to Prospect Road, a main route into Fort Collins. The building will feature 12’x12’ and 14’x14’ overhead doors, with the possibility of accommodating larger doors throughout the building based on user needs. Additionally, the property includes 26,000 square feet of outdoor storage.
Key Highlights
- Highly visible location off I‑25 in Northern Colorado.
- Flexible space options ranging from 3,000 to 24,000 square feet.
- Convenient access to Prospect Road.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$241,416
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,828,320
$4.8M
Cap Rate 7%
$3,448,800
$3.4M
Cap Rate 9%
$2,682,400
$2.7M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$360.0K $15.00/SF
− Vacancy
−$15.1K −$0.63/SF
EGI
$344.9K $14.37/SF
− OpEx
−$103.5K −$4.31/SF
NOI
$241.4K $10.06/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,828,320
Cap Rate 7%
$3,448,800
Cap Rate 9%
$2,682,400
Alternative Uses
Best Use
Industrial
$3.45M
$3.02M – $4.02M
NOI $241,416 @ 7.0% cap · market cap 2.87%
Second Best
Flex RnD
$3.29M
$2.87M – $3.83M
NOI $229,975 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$6.25M
$5.47M – $7.29M
NOI $437,472 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80525, CO
55,901
Population
25,144
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
2,389
Density / Sq Mi
$93,349
Median Household Income
$48,876
Median Earnings
$1,744
Median Rent
$563,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Proposed industrial building with flexible spaces and outdoor storage.
Where is this flex space located?
The property is located at SEC I-25 & Prospect Road Fort Collins, CO.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: Highly visible location off I‑25 in Northern Colorado.; Flexible space options ranging from 3,000 to 24,000 square feet.; Convenient access to Prospect Road.
