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    500 E Vine Dr

    Fort Collins, CO 80524
    • $2,000,000
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 934314
    UPDATED: 31 min ago
    $2,000,000
    • 0
      BEDS
    • 2.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sam Biller Home Team | Keller Williams Preferred Realty. Data last updated: 2021-05-09T18:38:27.917.
    www.coloradorealestatelife.com/homes/114612651
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    500 E Vine Dr Fort Collins, CO 80524

    • Price: $2,000,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 934314
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.59
    Acres
    1981
    Built
    Neighborhood:
    Vine Drive Properties
    County:
    Larimer
    Area:
    09 Fort Collins area
    Property Description
    Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.
    Exterior Features

    Construction Metal/Frame Fences Enclosed Fenced Area Lot Improvements Street PavedCurbsGuttersSidewalksStreet Light Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Refrigeration/Hvac Heating Forced Air Inclusions No Inclusions

    Property Features

    Capitalization Rate 5.53 Commercial Industrial Type Industrial/Warehouse Energy Star Certified No Gross Operating Income 138853.5600 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Fort Collins Nahb Certified No Net Operating Income 110569.3200 New Construction Status Not NewPreviously Owned Ownership Private Owner Tax Year 2019 Taxes 24484.24 Tenant Pays DepositGasElectricWaterSewerProperty TaxesBuilding Insurance Total Operating Expense 28284.2400 Zoning Commercial

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Michael Jensen of Fort Collins Real Estate, Llc.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sam Biller Home Team | Keller Williams Preferred Realty. Data last updated: 2021-05-09T18:38:27.917.
     
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