2000 College AveFort Collins, CO 80525

  • Retail properties
  • 18,727 SF
For Lease
$14/SF/YR View listing

Property Details for 2000 College Ave

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.36 AC
Property size (Sq ft)
18,727 SF
Property type
Retail properties
Property subtype
Banks
APN
97242-26-002
APU
9724226002

Description

This exceptional three-story office building, totaling 18,727 square feet, is situated in the vibrant Midtown Fort Collins area at 2000 South College Avenue. Boasting a Class B rating and a prime location with high visibility from College Avenue, this multi-tenant property offers a range of office suite options, accommodating businesses of various sizes. The minimum divisible space is 250 square feet, while the maximum contiguous space available is 1,771 square feet. Originally constructed in 1979 and extensively renovated in 2019, the building features a modern exterior facade and updated landscaping. Interior common area renovations are currently underway. Anchored by Chase Bank on the ground floor, this property provides convenient access and ample parking with 80 spaces available. The building includes elevators for easy access to all three floors. This location offers excellent access to Fort Collins and the broader Northern Colorado region, making it an ideal choice for businesses seeking a prominent and well-equipped office space. The property is well-suited for both small office users and larger employers requiring substantial parking and convenient access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,577,287
    6.5%
    $6,071,342
    7%
    $5,637,674
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,392,058
    Geo Method
    $3,899,006
  • Alternative Use

    Use
    Valuation
    Residential
    $5,121,404
    Hospitality
    $4,691,178
    Educational
    $3,903,005
    Medical
    $4,037,236
    Retail
    $6,071,342
2000 College Ave, Fort Collins, Colorado

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5615
Longitude
-105.076
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
$112,446
$298,223
$941,820
$1,240,043
-
$1,068,900
$3,375,700
$4,444,600

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