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Property profile & analytics

1075 Pennock Pl Fort Collins, CO 80524-3250

  • Turn key restaurants
  • 2,900 SF
  • 0.14 lot acres
OFF-MARKET
Last Sale
Sep 06, 2024
$870,000
Value Estimations
$890,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US13-0894745
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wing Street / Takeout Restaurant / European Restaurant
  • Mountain View Pizza LLC / Pizza Restaurant
  • Pizza Hut / Pizza Restaurant / Pizza Delivery

Property Details for 1075 Pennock Pl

Year built
1986
Construction
WOOD FRAME
Lot size
0.14 lot acres
Property size
2,900 SF
Property type
Turn key restaurants
APN
97131-38-001
APU
9713138001

Description

This exceptional turnkey restaurant opportunity in Fort Collins, Colorado, presents a rare chance to acquire a well-established commercial property. Located at 1075 Pennock Place, this single-story, freestanding building boasts 2,900 square feet on a 0.13-acre lot. Originally constructed in 1986 and extensively renovated in 2009, the property is zoned NC - Neighborhood Commercial within Larimer County. The building features a fully equipped kitchen, ready for immediate operation, along with a convenient patio area and ample parking for patrons. Its strategic location offers unparalleled access to a high-density customer base. The property enjoys close proximity to major landmarks including Poudre Valley Hospital, Woodward's global headquarters, and the Colorado State University campus, all within a short distance of downtown Fort Collins (just 2 miles away). This location ensures high visibility and consistent foot traffic, making it an ideal investment for a discerning restaurateur seeking a thriving business in a vibrant community. The property's history as a continuously operating restaurant since 1986 speaks volumes about its enduring appeal and potential for continued success. This is a truly remarkable opportunity to acquire a turnkey restaurant with established infrastructure and a prime location in a rapidly growing market. The property's single-tenancy nature offers simplicity and control, while its size and amenities provide ample space for a variety of culinary concepts.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $815,000
    ML approach
    $810,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,112,000
    Market price range: $856k - $2.08M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fort Collins
County
Larimer
State
Colorado
Longitude
-105.058
Latitude
40.5753
CBSA code
22660
CBSA name
FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,613
$18,414
$204,786
$223,200
-
$66,000
$734,000
$800,000
More about this property
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