New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Turn key restaurants
141 College Ave Fort Collins, CO 80524-2868
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-0179604
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,718 SF
Lot
0.22 ac (9,583 SF)
APN
97114-14-005
UPID
US13-0179604
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
Current use
Occupant on record · Public records
-
Grant & Hoffman Law Firm, P.C. - Fort Collins Office Law Firm
-
Francis Steven G Law Firm
-
Tree Line Builders Construction Company General Contractor
-
Tomlinson Designs, Inc Architectural Designer Interior Designer
-
Davis Davis Architects Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
141 S College LLC · 6 yrs held
141 S College LLC
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$85 / 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
$96,609
Tax year 2023
Assessed value
$962,830
Assessed 2023
Previous assessed
$569,125
+69.2% YoY
Effective rate
10.03%
On assessed value
Assessed land
$198,788
Assessed improvement
$764,042
Land market value
$712,500
Improvement market value
$2,738,500
Total market value
$3,451,000
Applied tax rate
1,110.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
12,718 SF
Lot
0.22 ac (9,583 SF)
APN
97114-14-005
UPID
US13-0179604
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
Building & site characteristics
From public records
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
141 S College LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1221 PEARL ST, BOULDER, CO 80302-5204
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
141 S College LLC
Leslie A Whitaker
Grant Deed
related
—
Dec 29, 2008
—
Whitaker Leslie A Trust
Whitaker,leslie
Quit Claim Deed
related
—
Jun 13, 2006
—
Martin H C Thiele
Thiele Barbara C Trust
Quit Claim Deed
related
—
Jun 12, 2006
—
Thiele Barbara C Trust
Thiele,barbara C
Quit Claim Deed
related
—
—
—
C B Partnership
—
Deed Of Trust
related
$500,000 · Bank Of Colorado
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 141 College Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
