Industrial Building Near
SEC I-25 & Prospect Road Fort Collins, CO 80525
SEC I-25 & Prospect Road, Fort Collins, CO, 80525
Contact for pricing
For Sale
Contact for pricing
Proposed industrial building with flexible spaces and outdoor storage.
Property Size24,000 SF
Price / SF$350
Days on Market837
Property Features for SEC I-25 & Prospect Road
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Property subtype
- Industrial
Listing Agency
URealty Inc
(970) 776-3900
Listed by
Matt Haskell · License #CO ER040012597
Source
Crexi
Added: Apr 2, 2024 Checked: Jul 15 at 9:13 pm
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
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.
Local Financial Insights For Warehouse
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 | $360.0k | $15.00 |
| − Vacancy | −$15.1k | −$0.63 |
| EGI | $344.9k | $14.37 |
| − OpEx | −$51.7k | −$2.16 |
| NOI | $293.1k | $12.21 |
24,000 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.19M
$3.66M – $4.89M
NOI $293,148 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$3.45M
$3.02M – $4.02M
NOI $241,416 @ 7.0% cap · market cap 2.87%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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.
