Property profile

1002 College Ave Fort Collins, CO 80524

OFF-MARKET
Turn key restaurants
Property ID
US13-0140464
3,769 SF 0.32 ac lot Built 1973
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding restaurant is located at 1002 S. College Ave, Fort Collins, CO 80524, in Larimer County. Situated in a recently renovated (2021) iconic building, this single-tenancy property offers a truly turnkey operation. The property boasts ample parking and excellent signage visibility, crucial for attracting customers. Its prime downtown location places it directly across from the Colorado State University campus, surrounded by a vibrant mix of hotels, restaurants, and bars, ensuring high foot traffic and a strong customer base. The restaurant features a fully equipped, functional kitchen with an efficient and well-designed layout, ready for immediate operation. Fixtures, furniture, and equipment (FF&E) are negotiable, as are lease terms. This presents a unique opportunity for a restaurateur seeking a well-established and highly visible location in the heart of Fort Collins. The property's recent renovation ensures modern amenities and a contemporary aesthetic. This is an ideal opportunity for a business looking to establish or expand its presence in a thriving college town environment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,769 SF
Lot 0.32 ac (13,939 SF)
APN 97133-10-002
UPID US13-0140464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

1002 College Ave Fort Collins, CO 80524-3714
Fort Collins metro Census 700 FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2019
1 recorded transaction
2019
$590,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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