116 Smokey St Fort Collins, CO 80525-3803
This exceptional 4,608-square-foot flex building, situated on a 0.21-acre lot at 116 Smokey Street in Fort Collins, Colorado, presents a compelling investment opportunity. Built in 1984 and extensively renovated in 2018, the property boasts high-end finishes and is ideally located along Highway 287/South College Avenue, providing convenient access to major transportation routes and the city's urban core. The single-story building features a CS - Service Commercial zoning designation, making it suitable for a variety of uses. The property includes significant amenities, such as two 10' x 10' overhead doors and one 8' x 9' overhead door, providing ample access for loading and unloading. The interior features 20 tons of heating and air conditioning in the conditioned shop areas, ensuring a comfortable and productive work environment. A robust 600-amp electrical service is in place, catering to the needs of most businesses. Further enhancing its appeal, the property includes fenced storage and prominent signage visible from College Avenue. Its strategic location offers easy access to I-25, facilitating seamless connections to Denver and Cheyenne, while also providing convenient access to Loveland and Greeley. The asking price is $1,250,000, translating to $271.27 per square foot. This represents a rare opportunity to acquire a well-maintained, strategically located flex space in a thriving Colorado market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.