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    Property profile & analytics

    1113 Drake Rd Fort Collins, CO 80526-2400

    • Turn key restaurants
    • 6,814 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $2,560,000
    Last Sale
    Mar 29, 2022
    $2,575,000
    Location Intelligence
    Property ID
    US13-0450058
    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

    • Mt. Everest Cafe / Nepalese Restaurant / Indian Restaurant
    • Alta Convenience / Convenience Store
    • Conoco / Gas Station / Diesel Fuel Supplier
    • Bitcoin Depot ATM / Atm
    • ATM / Atm

    Property Details for 1113 Drake Rd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.84 lot acres
    Property size
    6,814 SF
    Property type
    Turn key restaurants
    APN
    97271-58-004
    APU
    9727158004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,560,000
      6.5%
      $2,710,000
      7%
      $2,750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,830,000
      Geo Method
      $2,750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,875,000
      Retail
      $2,775,000
      Mixed-Use
      $2,645,000
      Hospitality
      $2,725,000
      Educational
      $2,990,000
      Residential Income
      $2,240,000
      Energy
      $2,725,000
      Income-Based Land
      $2,230,000
      Food Service
      $2,335,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.097
    Latitude
    40.5514
    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
    $64,147
    $205,149
    $505,855
    $711,004
    -
    $735,300
    $1,813,100
    $2,548,400

    Comparable in this City

    • Value Estimation
      $360,000
      1,341 SF

      4200 County Rd 38th E

      RESTAURANT • 1,341 SF
      4200 County Rd 38th E, Fort Collins, CO 80526-5006
      View Details
    • Value Estimation by Request
      2,372 SF

      1013 Ctr Ave

      RESTAURANT • 2,372 SF
      1013 Ctr Ave, Fort Collins, CO 80526-1846
      View Details
    • Value Estimation by Request
      1,839 SF

      838 Drake Rd Ste, Unit 101

      RESTAURANT • 1,839 SF
      838 Drake Rd Ste, Fort Collins, CO 80526-5539
      View Details
    • Value Estimation
      $1,140,000
      6,180 SF

      1051 Horsetooth Rd

      RESTAURANT • 6,180 SF
      1051 Horsetooth Rd, Fort Collins, CO 80526-5906
      View Details
    • Value Estimation by Request
      4,166 SF

      4791 County Rd 38th E

      RESTAURANT • 4,166 SF
      4791 County Rd 38th E, Fort Collins, CO 80526
      View Details
    • Value Estimation by Request
      2,400 SF

      200 Prospect Rd

      RESTAURANT • 2,400 SF
      200 Prospect Rd, Fort Collins, CO 80526-2002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Horsetooth Road Commercial Land

      Prime Fort Collins land, build-to-suit options.
      0 Horsetooth Rd, Fort Collins, CO 80526
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      Retail Space in Active Area

      Open retail space in active residential area, ready for vision.
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      Retail Space in Active Area

      Open retail space in an active residential area.
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    • Contact for pricing
      14.50 Acres

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      14.5 Acres, Prime Commercial Location
      I-25 & Prospect Rd Ft, Fort Collins, CO 80526
      View Details
    • $400,000
      1.32 Acres

      Land Near Horsetooth Reservoir

      1.3 acres near Horsetooth Reservoir, Lory State Park, and Rim Rock Trail.
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    • $1,000,000

      Prime Fort Collins Development Opportunity

      Land with high-value zoning near CSU and Old Town.
      2109 W Drake Rd, Fort Collins, CO 80526
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      4,275 SF

      Versatile Space in Prime Location

      Adaptable space suitable for retail or office use.
      1823-1833 E Harmony Rd, Fort Collins, CO 80526
      View Details
    • $19 SF/Yr

      Retail Space in Market Centre

      Retail space available in high-traffic Fort Collins shopping center.
      902 8, Fort Collins, CO 80526
      View Details
    • $15 SF/Yr
      2,067 SF

      Retail Space Near Drake Road

      Turn-key retail space with high visibility and foot traffic.
      838 W Drake Rd, Fort Collins, CO 80526
      View Details
    • $18 SF/Yr
      1,416 SF

      Retail/Office Suite For Rent

      Retail/office suite in Raintree Village Shopping Center available now.
      2531 S Shields St, Fort Collins, CO 80526
      View Details
    • $22 SF/Yr

      Retail/Office Suite in Fort Collins

      Retail/office suite in high-traffic shopping center for rent.
      2519 S Shields St, Fort Collins, CO 80526
      View Details
    • $16 SF/Yr
      2,400 SF

      Drake Crossing Retail Center

      Fort Collins Retail Space - 2,400 SF
      2160 Drake Rd, Fort Collins, CO 80526
      View Details
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    1113 Drake Rd
    Fort Collins, CO 80526-2400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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