1107 Drake Rd Fort Collins, CO 80526-6041
Property Lookup
Property profile & analytics
1107 Drake Rd Fort Collins, CO 80526-6041
- Strip malls
- 8,080 SF
- 0.59 lot acres
Property ID
US13-1201851
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.
Location Intelligence
Current Use by Public Records
- We Fix It Phone Repair / Computer & Electronic Repair / Tech Support Center
- Batteries Plus / Auto Parts Store
- Ent Credit Union / Credit Union
- Front Range Reptiles / (Bike/Boat/Book/etc) Store / Pet Store
- Ptacek Enterprises Inc / Building Supply / Electrical Service
Property Details for 1107 Drake Rd
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.59 lot acres
- Property size
- 8,080 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 97271-58-001
- APU
- 9727158001
Description
This 1,521 square foot retail space is located in Suite E-2 of the Cimarron Shopping Center at 1107 W Drake Rd, Ft Collins, CO. Situated within a vibrant shopping center, this property boasts excellent foot traffic and high visibility due to its convenient location with easy access from Shield Street. The space is ideal for financial services businesses and offers a fantastic opportunity to establish a presence in a thriving community. One space is currently available for lease, offering a great chance for businesses seeking a well-established location. Tenants benefit from the opportunity to advertise on the digital monument sign visible from Drake and Shields Streets, enhancing marketing reach. The lease terms include a first month's rent and a security deposit totaling $4,350, due at lease signing. The property is available for occupancy on December 31, 2024. The lease is a triple net (NNN) lease with a base rent of $23.00 per square foot, and additional NNN expenses of $11.26 per square foot. This presents a compelling opportunity for businesses seeking a high-traffic, well-located retail space in a flourishing Fort Collins neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $635,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $543,000
Market price range: $294k - $617k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $430,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $950,000 Change: +122% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.096
- Latitude
- 40.5522
- 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
$51,717
$143,406
$431,446
$574,852
-
$514,000
$1,546,400
$2,060,400
