Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    821 Mountain Ave, Unit VARIOUS Berthoud, CO 80513

    Sponsored
    For Lease
    $28 SF/Yr

    COMMERCIAL - Berthoud, CO

    Type:Retail
    Days on Market:
    37
    Last Refresh:
    Jan 23 at 1:06 pm

    Property Features for 821 Mountain Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C1
    APN
    R1458027
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Building materials
    Brick, Block, Metal Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Imran Bhimani

    LC Real Estate Group, LLC (970) 402-6432

    Listing agent Imran Bhimani (970) 667-7000

    Listing date Dec 18, 2025

    MLS# 1025893

    Copyright © 2026 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Restaurant Space in Berthoud Center

    This commercial space is located in Berthoud, Colorado, within a grocery-anchored shopping center. The property is zoned C1 and suitable for restaurants, retail, and turnkey restaurant businesses. The location benefits from high traffic, mature surroundings, excellent demographics, and high household income. Previously a pizza restaurant, the space offers potential for sit-down, take-out, or delivery services. It features some existing restaurant infrastructure, including a walk-in cooler, a type 2 commercial hood, a grease trap, and two dish sinks. The property is situated in a central Berthoud location, next to the Town Hall. The landlord has initiated demolition to accommodate both a restaurant and a retail tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berthoud
    County
    Larimer
    State
    Colorado
    Longitude
    -105.08627
    Latitude
    40.3047

    Nearby Similar for Lease

    • New
      $15 SF/Yr

      Office Space in Berthoud, CO

      Well-appointed office space with historic charm and modern updates.
      512 5 St, Berthoud, CO 80513
      View Details
    • $1.00 SF/Yr

      Berthoud Flex Space For Lease

      808 SF flex space available for lease in Berthoud, CO.
      355 Mountain View Rd, Berthoud, CO 80513
      View Details
    • $8 SF/Yr
      80,968 SF

      Denver Industrial Space For Lease

      Versatile Denver industrial space; 15,858-33,843 SF available.
      2231 Clayton Pl, Berthoud, CO 80513
      View Details
    • $9 SF/Yr
      7,472 SF

      Berthoud Industrial Flex Space

      7,472 SF Flex Warehouse, Light Industrial Zoning
      806 2 St, Berthoud, CO 80513
      View Details
    • $0.50 SF/Yr
      200,000 SF

      Berthoud Warehouse: 200,000 SF

      Large industrial warehouse, divisible spaces available.
      2221 Clayton Pl, Berthoud, CO 80513
      View Details
    • $11 SF/Yr

      Berthoud Warehouse Spaces Available

      Industrial warehouse spaces near downtown Berthoud for lease.
      510 Remuda Rd, Berthoud, CO 80513
      View Details
    • $18 SF/Yr
      2,815 SF

      Industrial Space with Fenced Storage

      Industrial space featuring fenced outside storage and professional office space.
      60 Gateway Cir, Berthoud, CO 80513
      View Details
    • $1,950 /Mo
      976 SF

      Updated Downtown Berthoud Retail/Office Space

      Updated retail/office space in vibrant downtown Berthoud, Colorado.
      521 N 4 St, Berthoud, CO
      View Details
    • $11 SF/Yr
      4,000 SF

      Warehouse with Office and Parking

      Warehouse space featuring office, drive-in doors, and ample parking.
      510 Remuda Rd, Berthoud, CO
      View Details
    • $13 SF/Yr
      8,400 SF

      Industrial Space with I-25 Access

      Industrial space with secure storage and convenient highway access.
      188 Gateway Cir, Berthoud, CO 80513
      View Details
    • $9 SF/Yr
      7,472 SF

      Industrial Property in Berthoud, Colorado

      Industrial property for rent located between Fort Collins and Denver.
      806 N 2 St, Berthoud, CO
      View Details
    • Contact for pricing
      1,100 SF

      Corner Retail Space Available

      Corner retail space for rent in Berthoud, Colorado.
      229 N County Rd, Berthoud, CO
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant space in high-traffic Berthoud shopping center, some infrastructure.
    Where is this restaurant located?
    The property is located at 821 Mountain Ave, Unit VARIOUS Berthoud, CO.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Located in Berthoud's only grocery anchored shopping center.; - Mature, high traffic area with excellent demographics & high household income.; - Some existing restaurant infrastructure: walk-in cooler, type 2 commercial hood, grease trap, and 2 dish sinks.
    (970) 402-6432
    Request Owner's contact information
    821 Mountain Ave, Unit VARIOUS Berthoud, CO 80513
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    821 Mountain Ave, Unit VARIOUS
    Berthoud, CO 80513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    821 Mountain Ave, Unit VARIOUS Berthoud, CO 80513
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Imran Bhimani
    (970) 402-6432
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.