4401 Innovation Dr Fort Collins, CO 80525
- Office buildings
- 64,784 SF
- 4.88 lot acres
Current Use by Public Records
- Qualfon Fort Collins / Corporate Office
Property Details for 4401 Innovation Dr
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.88 lot acres
- Property size
- 64,784 SF
- Property type
- Office buildings
- APN
- 87314-08-019
- APU
- 8731408019
Description
This exceptional 64,784-square-foot freestanding office/flex warehouse, situated in the desirable Harmony Corridor, presents a unique investment or leasing opportunity. Built in 1978, this single-story building boasts a flexible layout, previously utilized as a call center, now adaptable to a variety of uses. The open floor plan allows for easy customization to suit diverse business needs, from traditional office space to creative office environments, coworking setups, or even R&D facilities. The property features a generous 18-foot ceiling height, providing ample vertical space. With a total of 269 parking spaces, offering a 4.26 per 1,000 square foot ratio, parking is abundant and convenient for employees and clients. The building sits on a sizable 4.88 acres of land, zoned HC, and is identified by APN 87314-08-019. The entire 64,784 square feet is currently vacant, allowing for immediate occupancy and complete control over the space's configuration. This Class B building offers a significant opportunity for businesses seeking a functional and spacious workspace in a prime location. The property is easily divisible into 20,000 square foot sections, providing flexibility for multiple tenants or expansion options. The ample power supply further enhances its suitability for a range of businesses. This is a rare opportunity to acquire a substantial, well-located property with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,180,000
- 6.5%
- $4,130,000
- 7%
- $4,250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,180,000
- Geo Method
- $5,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,600,000
- Retail
- $4,630,000
- Mixed-Use
- $4,140,000
- Hospitality
- $4,295,000
- Educational
- $4,640,000
- Residential Income
- $5,050,000
- Energy
- $4,875,000
- Income-Based Land
- $5,290,000
- Food Service
- $3,990,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.045
- Latitude
- 40.5266
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA