116 Oak StFort Collins, CO 80524

  • Office properties
  • 14,382 SF
For Lease
$22/SF/YR View listing

Property Details for 116 Oak St

Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
14,382 SF
Property type
Office properties
Property subtype
Office buildings
APN
97123-18-038
APU
9712318038

Description

This exceptional 903-square-foot executive office suite is available for lease in a prime Fort Collins location at 116 E Oak St, 80524. Situated in Larimer County, Colorado, this single-tenant property offers a complete and ready-to-occupy workspace. The property is classified as both retail and office space, making it versatile for a variety of businesses. The entire 903 square feet is currently vacant, providing immediate occupancy for a new tenant. The building's convenient location in Fort Collins offers easy access to local amenities and transportation networks. This is an excellent opportunity for a business seeking a well-maintained, single-tenant space in a thriving Colorado community. The property's classification as an "Executive Office" suggests a high-quality finish and potentially desirable features for professional businesses. The address is 116 E Oak St, Fort Collins, CO 80524. Interested parties are encouraged to inquire further to explore the possibilities of this attractive commercial space. The property is ready for immediate occupancy, offering a seamless transition for businesses seeking a new location. This single-tenant space provides privacy and control, ideal for companies valuing independence and a dedicated workspace. The property's location in Fort Collins, Colorado, offers access to a vibrant business community and a strong local economy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,436,216
    6.5%
    $3,171,892
    7%
    $2,945,328
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,776,539
    Geo Method
    $1,188,241
  • Alternative Use

    Use
    Valuation
    Residential
    $3,933,146
    Hospitality
    $3,602,741
    Educational
    $2,997,438
    Medical
    $3,100,524
    Retail
    $4,662,682
116 Oak St, Fort Collins, Colorado

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5858
Longitude
-105.077
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
$121,630
$146,475
$1,063,548
$1,210,023
-
$525,000
$3,812,000
$4,337,000

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