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Property profile & analytics
OFF-MARKET Estimated value $885,000
Office buildings

1918 Lemay Ave Fort Collins, CO 80525-1294

3,358 SF 0.31 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US13-0639222
Property summary
AI-generated overview

This exceptional retail property, located at 1918 S Lemay Ave in Fort Collins, Colorado, presents a compelling investment opportunity. The 4,992 square foot building, constructed in 1980, sits on a 0.62-acre lot and is currently home to seven tenants. The building features 3,358 square feet on the main and upper levels, complemented by a 1,634 square foot basement, offering versatile space for a variety of retail uses. The asking price is $800,000, translating to $160 per square foot. The property is part of a two-building campus, with the option to purchase the adjacent building as well. The campus-like setting includes attractive outdoor patio space. This property is zoned for low-density residential use (RL) in Larimer County, zip code 80524. The property's location in Fort Collins offers excellent access to a thriving community and strong retail market. This is a rare opportunity to acquire a well-occupied retail building with significant potential for growth and return on investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction WOOD FRAME
Total area 3,358 SF
Lot 0.31 ac (13,504 SF)
APN 87192-20-040
UPID US13-0639222
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MANTRA Gym & Fitness Center Alternative Medicine Practice
  • Under Pressure Therapeutics Alternative Medicine Practice Spa & Massage Center
  • Divine Essence Aesthetics Spa & Massage Center Skin Care Clinic
  • Askew & Gray Physician
  • Full Cadence Consulting Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$775k
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$885k
Owner & transaction history
Rhoades Real Estate LLC
Rhoades Real Estate LLC
since 2026
Last sale
$1.0M
6 recorded transactions
2026
$1.0M
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.1M +24.5%
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