120 Bockman DrFort Collins, CO 80525

  • Retail properties
  • 46,271 SF
For Lease
$12/SF/YR View listing

Property Details for 120 Bockman Dr

Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.18 AC
Property size (Sq ft)
46,271 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
97362-32-002
APU
9736232002

Description

This exceptional 46,271 square foot freestanding retail building presents a unique leasing opportunity in the thriving Midtown Fort Collins market. Located at 120 Bockman Drive, 80525, Colorado, this property boasts unparalleled visibility and accessibility. Its strategic location offers less than a half-mile proximity to the planned Foothills Mall redevelopment and the Max regional transportation system, ensuring high foot traffic and convenient access for customers. The building features a generous amount of on-site parking, catering to the needs of both employees and patrons. High traffic counts are guaranteed due to its prominent position with excellent visibility from College Avenue. Further enhancing its appeal are the existing monument and building signage opportunities, allowing for strong brand presence. The property also benefits from the numerous nearby retail and restaurant establishments, creating a vibrant and attractive commercial environment. This single-tenancy retail space is ideal for a business seeking a high-profile location with significant potential for growth and success in a bustling Colorado community. The property's size and features make it suitable for a wide range of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,251,275
    6.5%
    $15,001,177
    7%
    $13,929,665
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,618,514
    Geo Method
    $9,633,733
  • Alternative Use

    Use
    Valuation
    Residential
    $12,654,054
    Hospitality
    $11,591,046
    Educational
    $9,643,614
    Medical
    $9,975,273
    Retail
    $15,001,177
120 Bockman Dr, Fort Collins, Colorado

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5351
Longitude
-105.075
CBSA code
22660
CBSA name
FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$164,234
$558,781
$1,248,525
$1,807,306
-
$2,002,800
$4,475,000
$6,477,800

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