3939 Automation Way Fort Collins, CO 80525-3434
- Life science properties
- 43,480 SF
- 6.38 lot acres
Current Use by Public Records
- Muller Technology CO Inc. / Automation Company
Property Details for 3939 Automation Way
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.38 lot acres
- Property size
- 43,480 SF
- Property type
- Life science properties
- APN
- 87311-09-001
- APU
- 8731109001
Description
This exceptional 43,480-square-foot industrial property, located at 3939 Automation Way in Southeast Fort Collins, Colorado, presents a unique investment opportunity. Built in 1989, this single-building facility boasts a flexible layout suitable for various manufacturing, warehouse, or flex uses. The property sits on a generous 6.38-acre lot, including 2.3 acres of excess land directly north of the building, offering significant expansion potential. A 63,914-square-foot addition is feasible, with ample associated parking already planned. The existing building features 19-foot ceilings, two 9'x9' dock-high doors, and one 14'x14' overhead door. Power is supplied by a 3-phase, 800-amp, 277/480v system. Ample parking is provided at a rate of 2.3 spaces per 1,000 square feet (approximately 100 surface spaces). The property benefits from convenient access to bike and pedestrian trails, nearby dining and shopping options, and enjoys views of the Collindale Golf Course from its oversized outdoor patio. The parking lot was recently resurfaced in May 2024. This property is offered at $9,700,000 with a NNN lease type and is currently vacant. The property's combination of existing space, expansion potential, and desirable location makes it an attractive investment for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $930,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,300,000
- 6.5%
- $1,235,000
- 7%
- $1,355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,535,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,045,000
- Retail
- $1,265,000
- Mixed-Use
- $1,020,000
- Hospitality
- $1,135,000
- Educational
- $1,020,000
- Residential Income
- $1,030,000
- Energy
- $1,135,000
- Income-Based Land
- $1,275,000
- Food Service
- $1,165,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.042
- Latitude
- 40.5336
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
