320 Olive St Fort Collins, CO 80521
- Office buildings
- 1,800 SF
- 0.17 lot acres
Current Use by Public Records
- Dr. Keri Lemmond / Psychiatrist
- Sara Tolleson, PSYD / Psychologist
- Brittani Schwintosky, PMHNP-BC, APN / Nurse Practitioner
- Sarah Green, MA, LCSW / Psychotherapist
- Dr. Jennifer Le Pont-Fowler / Psychiatrist
Property Details for 320 Olive St
- Year built
- 1976
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 1,800 SF
- Property type
- Office buildings
- APN
- 97114-17-002
- APU
- 9711417002
Description
This exceptional 3,128 square foot freestanding office building is ideally situated in Fort Collins' vibrant Old Town at 320 W Olive St, zip code 80521. The property, priced at $1,195,000 ($382.03 per square foot), offers a unique blend of functionality and location. The main floor, encompassing 2,113 square feet, features six individual offices, a welcoming reception area, two restrooms, and convenient storage space. A lower garden level adds another 1,015 square feet, comprised of three generously sized offices. The flexible layout allows for the potential to lease each floor independently, providing significant versatility for the new owner. On-site designated parking is a valuable asset, supplemented by ample street parking options. The building's prime location places it within easy reach of a variety of business services and popular downtown restaurants, enhancing its appeal and potential for attracting tenants. This rare opportunity to acquire a freestanding office building in Old Town Fort Collins presents a compelling investment prospect. The property is located in Larimer County, Colorado.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,085,000
- 6.5%
- $1,085,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,105,000
- Retail
- $1,085,000
- Mixed-Use
- $1,085,000
- Hospitality
- $1,110,000
- Educational
- $1,140,000
- Residential Income
- $1,115,000
- Energy
- $1,070,000
- Income-Based Land
- $875,000
- Food Service
- $940,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.082
- Latitude
- 40.5845
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA