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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Residential income homes
1006 Davidson Dr Fort Collins, CO 80526-5507
Individually Owned
2-yr Hold
Property ID
US13-0360043
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1979
Construction
FRAME
Total area
5,200 SF
Lot
0.28 ac (12,197 SF)
APN
97262-35-018
UPID
US13-0360043
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.24M
Owner & transaction history
Trenton Anderson · 2 yrs held
Trenton Anderson
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+8.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Collins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Collins submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,470,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,640,000
Current use
MEDICAL BUILDING
$1,770,000
Change: +8% · Conversion: Moderate
RETAIL STORES
$1,510,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.20M (Oct 19 2023)
Last sale anchor
$1.20M
Oct 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$238 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,413
Tax year 2023
Assessed value
$62,980
Assessed 2023
Previous assessed
$62,980
+0.0% YoY
Effective rate
8.59%
On assessed value
Assessed land
$13,400
Assessed improvement
$49,580
Land market value
$200,000
Improvement market value
$740,000
Total market value
$940,000
Applied tax rate
1,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
20
Bathrooms
6
Total area
5,200 SF
Lot
0.28 ac (12,197 SF)
APN
97262-35-018
UPID
US13-0360043
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
20
Bathrooms
6
Lot
0.28 ac
Current owner
From public records · entity-resolved
Trenton Anderson
Individual
Mailing address
1006 DAVIDSON DR APT A, FORT COLLINS, CO 80526-5507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$1,200,000
Trenton Anderson
Louise M Ansell
Warranty Deed
$900,000 · Pennymac Loan Services LLC
Dec 26, 2012
—
Louise M Ansell
Ansell,louise M
Quit Claim Deed
related
$260,000 · Interbank Mortgage
Mar 15, 2005
—
Louise M Ansell
Davidson Apartments LLC
Quit Claim Deed
related
$245,000 · Citimortgage INC
Oct 16, 2002
—
Davidson Apartments LLC
Ansell,louise M
Grant Deed
related
—
Dec 7, 1999
$349,000
Jeffrey G Starke
Musante,lisa A & Richard S
Grant Deed
$67,600 · Gmac Mortgage Corp
—
—
Richard S Musante
—
Deed Of Trust
related
$207,500 · Fortress Mortgage INC
—
—
Jeffrey G Starke
—
Deed Of Trust
related
$27,362 · B & B Second Mortgage LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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