2108 Midpoint DrFort Collins, CO 80525

Property Details for 2108 Midpoint Dr

Year built

2004

Construction

WOOD FRAME

Lot size

0.81 AC

Property size (Sq ft)

7,700 SF

Property type

Office buildings

APN

87202-18-004

APU

8720218004

Description

This exceptional 8,008 square foot commercial property, located at 2108 Midpoint Drive in Fort Collins, Colorado, presents a unique investment opportunity. The building features a multi-tenant configuration, currently divided into three distinct suites, ideal for a variety of businesses. Its classification encompasses office, retail, and special purpose uses, offering flexibility for diverse tenants. The property's prime location offers easy access to Interstate 25 and the vibrant downtown Fort Collins business district, ensuring high visibility and convenient commuting for employees and clients. Situated just an hour from Denver International Airport, it benefits from excellent regional connectivity. Ample on-site parking is available for tenants and visitors, addressing a crucial need in busy commercial areas. Furthermore, the property enjoys a highly desirable location, surrounded by extensive recreational trails along the Poudre River and Spring Creek, enhancing the appeal for both employees and customers who value proximity to outdoor amenities. The property is zoned for traditional office and veterinary uses. This versatile property is available for both sale and lease, making it an attractive option for various investment strategies. The zip code is 80525.

• CAP approach

  CAP return

  Valuation

  6%

  $1,839,721

  6.5%

  $1,698,204

  7%

  $1,576,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,021,927

  Geo Method

  $636,174

• Alternative Use

  Use

  Valuation

  Residential

  $2,105,773

  Hospitality

  $1,928,877

  Educational

  $1,604,803

  Medical

  $1,659,994

  Retail

  $2,496,360

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5665

Longitude

-105.038

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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