4862 Innovation Dr Fort Collins, CO 80525
- Manufacturing properties
- 37,960 SF
- 1.01 lot acres
Current Use by Public Records
- Baseline Engineering Corporation / Civil Engineer / Environmental Consultant
Property Details for 4862 Innovation Dr
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.01 lot acres
- Property size
- 37,960 SF
- Property type
- Manufacturing properties
- APN
- 86061-30-003
- APU
- 8606130003
Description
This exceptional Class A office and flex space, located at 4862 Innovation Drive in Fort Collins, Colorado, offers a unique opportunity for businesses seeking high-quality accommodations. Situated within the Oakridge Business Park, this 37,993 square foot building boasts a prime location adjacent to the Harmony Corridor, providing convenient access to a wide array of restaurants, hotels, and retail amenities. Built in 2005 and renovated in 2019, the property features 16-foot ceilings, creating a spacious and modern work environment. The building offers multiple tenancy options, with a minimum divisible space of 2,740 square feet and a maximum contiguous space of 11,364 square feet
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,215,000
- 6.5%
- $7,560,000
- 7%
- $6,445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,425,000
- Geo Method
- $6,605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,780,000
- Retail
- $6,095,000
- Mixed-Use
- $6,780,000
- Hospitality
- $6,240,000
- Educational
- $7,465,000
- Residential Income
- $7,205,000
- Energy
- $7,440,000
- Income-Based Land
- $7,005,000
- Food Service
- $5,870,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.046
- Latitude
- 40.5184
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA