Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    331 Hickory St Fort Collins, CO 80524

    • Industrial properties
    • 4,545 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ark Defense / Wholesaler / Equipment Importer

    Property Details for 331 Hickory St

    Year built
    2020
    Property size
    4,545 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.083
    Latitude
    40.6035

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      2920 Mulberry St

      Distribution properties • 2,400 SF
      2920 Mulberry St, Fort Collins, CO 80524
      View Details
    • Value Estimation by Request

      1709 Heath Pkwy

      Distribution properties
      1709 Heath Pkwy, Fort Collins, CO 80524
      View Details
    • Value Estimation by Request
      10,000 SF

      Mexico Way

      Distribution properties • 10,000 SF
      0 Mexico Way, Fort Collins, CO 80524
      View Details
    • Value Estimation by Request
      0.46 Acres

      2300 County Road 54G

      Flex space • 3,887 SF
      2300 County Road 54G, Laporte, CO 80524
      View Details
    • Value Estimation by Request
      17,810 SF

      2002-2016 Lincoln Ave

      Distribution properties • 17,810 SF
      2002-2016 Lincoln Ave, Fort Collins, CO 80524
      View Details
    • Value Estimation by Request
      4,480 SF

      7690 Carlson Ct

      Life science properties • 4,480 SF
      7690 Carlson Ct, Fort Collins, CO 80524
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Fort Collins Flex/Warehouse Opportunity

      New Construction, 10k-30k SF, 5+ Acres
      0 Mexico Way, Fort Collins, CO 80524
      View Details
    • $850,000
      2,400 SF

      East Mulberry Commercial Property

      Fort Collins Flex/Warehouse, High Visibility
      2920 Mulberry St, Fort Collins, CO 80524
      View Details
    • $1,550,000
      8,149 SF

      Hemlock Street Industrial Flex Space

      8,149 SF Flex Space, Fort Collins, CO
      120 Hemlock St, Fort Collins, CO 80524
      View Details
    • $550,000
      0.46 Acres

      Laporte Flex Space - $550K

      Two-building flex space, vacant, .46-acre lot.
      2300 County Road 54G, Laporte, CO 80524
      View Details
    • $535,000
      2,400 SF

      Fort Collins Flex Space: Prime Location

      2400 SF Flex Space, $535,000
      2649 Mulberry St, Fort Collins, CO 80524
      View Details
    • Contact for pricing
      14,000 SF

      Fort Collins Office/Warehouse Space

      Efficient office/warehouse near Interstate 25 in Fort Collins, Colorado.
      800 Stockton Ave, Fort Collins, CO 80524
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,251 SF

      Industrial Flex Space Available

      2,251 SF industrial/flex space with offices and warehouse.
      4562 Denrose Ct, Fort Collins, CO 80524
      View Details
    • $13 SF/Yr
      3,798 SF

      Flex Space with Office Buildout

      Flex space featuring reception, offices, conference room, and warehouse.
      1225 Red Cedar Cir, Fort Collins, CO 80524
      View Details
    • $9 SF/Yr
      1,500 SF

      Lincoln Plaza: Fort Collins Warehouse

      1,500 SF Industrial Space Available
      301 Lincoln Ct, Fort Collins, CO 80524
      View Details
    • $12 SF/Yr
      6,225 SF

      Fort Collins Flex Space Available

      6,225 SF Industrial Flex Space for Lease
      500 Vine Dr, Fort Collins, CO 80524
      View Details
    • $14 SF/Yr
      1,600 SF

      Fort Collins Flex/Industrial Space

      Flex/industrial space in north Fort Collins with yard option.
      225 N Lemay Ave, Fort Collins, CO 80524
      View Details
    • $12 SF/Yr
      4,800 SF

      Industrial Unit in North Fort Collins

      4,800 SF industrial unit for lease in Fort Collins.
      128 Racquette Dr, Fort Collins, CO 80524
      View Details
    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.
    331 Hickory St
    Fort Collins, CO 80524
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.