4401 Innovation DrFort Collins, CO 80525

Property Details for 4401 Innovation Dr

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.88 AC

Property size (Sq ft)

64,784 SF

Property type

Office buildings

APN

87314-08-019

APU

8731408019

Description

This exceptional 64,784-square-foot freestanding office/flex warehouse, situated in the desirable Harmony Corridor, presents a unique investment or leasing opportunity. Built in 1978, this single-story building boasts a flexible layout, previously utilized as a call center, now adaptable to a variety of uses. The open floor plan allows for easy customization to suit diverse business needs, from traditional office space to creative office environments, coworking setups, or even R&D facilities. The property features a generous 18-foot ceiling height, providing ample vertical space. With a total of 269 parking spaces, offering a 4.26 per 1,000 square foot ratio, parking is abundant and convenient for employees and clients. The building sits on a sizable 4.88 acres of land, zoned HC, and is identified by APN 87314-08-019. The entire 64,784 square feet is currently vacant, allowing for immediate occupancy and complete control over the space's configuration. This Class B building offers a significant opportunity for businesses seeking a functional and spacious workspace in a prime location. The property is easily divisible into 20,000 square foot sections, providing flexibility for multiple tenants or expansion options. The ample power supply further enhances its suitability for a range of businesses. This is a rare opportunity to acquire a substantial, well-located property with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $17,542,300

  6.5%

  $16,192,900

  7%

  $15,036,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,011,500

  Geo Method

  $5,352,450

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $31,386,300

  Retail / Commercial

  $16,191,400

  Mixed-Use / Specialty

  $16,209,800

  Hospitality / Lodging

  $11,991,800

  Institutional / Educational

  $16,878,900

  Residential Income

  $19,748,400

  Multifamily

  $23,262,800

  Automotive / Energy

  $14,467,700

  Parking / Income-Based Land

  $4,917,350

  Restaurant / Food Service

  $8,593,450

  Healthcare / Senior Housing

  $16,544,800

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5266

Longitude

-105.045

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].