2620 Prospect RdFort Collins, CO 80525

Property Details for 2620 Prospect Rd

Year built

1996

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.47 AC

Property size (Sq ft)

42,088 SF

Property type

Office buildings

APN

87174-20-001

APU

8717420001

Description

This single-story, 41,362 square foot office building, constructed in 1996, is situated at 2620 E Prospect Rd, Fort Collins, CO 80525, within the River Bend Business Park. The property offers a variety of office space options, including executive, creative, and traditional layouts. Currently, a single, contiguous suite of 6,439 square feet is available for lease. This represents the minimum divisible space and the maximum contiguous space currently available. The building features a total of one suite. Parking is provided at a ratio of 4.47 spaces per 1,000 square feet. Elevators are not present in this single-story building. The location provides convenient access to numerous amenities and is less than two miles from I-25, offering easy access to Denver and Denver International Airport (DIA). Enjoy proximity to the Poudre River and Spring Creek Trails. This prime Fort Collins location offers an excellent opportunity for businesses seeking modern office space in a desirable setting.

• CAP approach

  CAP return

  Valuation

  6%

  $11,396,600

  6.5%

  $10,520,000

  7%

  $9,768,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,051,800

  Geo Method

  $3,477,310

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,390,600

  Retail / Commercial

  $10,519,000

  Mixed-Use / Specialty

  $10,531,000

  Hospitality / Lodging

  $7,790,690

  Institutional / Educational

  $10,965,700

  Residential Income

  $12,829,800

  Multifamily

  $15,113,100

  Automotive / Energy

  $9,399,160

  Parking / Income-Based Land

  $3,194,640

  Restaurant / Food Service

  $5,582,880

  Healthcare / Senior Housing

  $10,748,600

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5685

Longitude

-105.028

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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