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    Property profile & analytics

    1207 Platte Ave Fort Morgan, CO 80701-2948

    • Outlet malls
    • 32,960 SF
    OFF-MARKET
    Value Estimation
    $855,000
    Last Sale
    Dec 21, 2021
    Location Intelligence
    Property ID
    US13-1073638
    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

    • Murdoch's Ranch & Home Supply / Clothing Store / Hardware Store

    Property Details for 1207 Platte Ave

    Year built
    1972
    Construction
    CONCRETE
    Property size
    32,960 SF
    Property type
    Outlet malls
    APN
    R005389
    APU
    R005389

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Morgan
    County
    Morgan
    State
    Colorado
    Longitude
    -103.817
    Latitude
    40.2554
    CBSA code
    22820
    CBSA name
    FORT MORGAN, CO MICROPOLITAN 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
    $41,284
    $123,830
    $393,120
    $516,950
    -
    $443,840
    $1,409,050
    $1,852,890

    Comparable in this City

    • Value Estimation by Request
      156,257 SF

      1300 Barlow Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 156,257 SF
      1300 Barlow Rd, Fort Morgan, CO 80701-4363
      View Details
    • Value Estimation
      $710,000
      37,920 SF

      1000 Platte Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 37,920 SF
      1000 Platte Ave, Fort Morgan, CO 80701-2965
      View Details
    • Value Estimation
      $1,675,000
      14,416 SF

      19592 County Rd R7

      RESTAURANT • 14,416 SF
      19592 County Rd R7, Fort Morgan, CO 80701-4340
      View Details
    • Value Estimation by Request
      7,776 SF

      17586 County Rd T5

      RETAIL STORES (PERSONAL SERVICES) • 7,776 SF
      17586 County Rd T5, Fort Morgan, CO 80701-9215
      View Details
    • Value Estimation
      $470,000
      13,773 SF

      17590 County Rd T5

      RESTAURANT • 13,773 SF
      17590 County Rd T5, Fort Morgan, CO 80701-9215
      View Details
    • Value Estimation
      $495,000
      7,000 SF

      615 Linda St

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      615 Linda St, Fort Morgan, CO 80701-3529
      View Details

    Similar Nearby for Sale

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      Fully leased retail/office property with salon and spa tenants.
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      Three-level building with retail, event, and residential possibilities.
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      Downtown Fort Morgan Commercial Property

      Prime commercial real estate in downtown Fort Morgan along Main Street.
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    • $575,000
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      Commercial Building with Office, Warehouse

      Commercial building with office and warehouse space for sale.
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    1207 Platte Ave
    Fort Morgan, CO 80701-2948
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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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