1125 Drake RdFort Collins, CO 80526

Property Details for 1125 Drake Rd

Year built

1987

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.53 AC

Property size (Sq ft)

9,270 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

97271-58-005

APU

9727158005

Description

This 1,440 square foot flex space, located at 1125 W Drake #B6, offers a prime location at the intersection of W. Drake Rd and S. Shields St. Built in 1987, this single-story building boasts a total of 23,234 square feet, with the available unit featuring an open layout, a reception area, convenient storage, and two private restrooms. The property is part of a larger retail and office complex, benefiting from the surrounding restaurants and retail amenities. Ample on-site parking is available for tenants and their clients. The unit is ideal for a variety of businesses seeking a versatile and well-located space. Building and monument signage opportunities are also available, providing excellent visibility for your business. The property's APN is 97271-58-005. This single-tenant space presents a unique opportunity to establish a presence in a thriving commercial area. The property is ready for immediate occupancy. Don't miss this chance to secure this well-appointed flex space in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,255,804

  6.5%

  $3,005,358

  7%

  $2,790,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,134,158

  Geo Method

  $1,930,036

• Alternative Use

  Use

  Valuation

  Residential

  $2,535,132

  Hospitality

  $2,322,167

  Educational

  $1,932,016

  Medical

  $1,998,461

  Retail

  $3,005,358

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5524

Longitude

-105.098

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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