Entity Owned Property summary
AI-generated overview
This exceptional 6,238 square foot, two-story office building at 1507 Riverside Avenue in Fort Collins, Colorado, presents a unique owner-user or investment opportunity. Built in 2005 and renovated in 2017, this Class B property boasts 100% occupancy as of June 1st, 2024, with six units across a 0.41-acre lot. The building's flexible design allows for various demising options, making it ideal for an owner-user seeking to occupy a portion while leasing the remainder. Its prime location on Riverside Avenue offers high visibility, enhanced by lighted monument signage, and provides convenient access to Old Town Fort Collins and Interstate 25 via Prospect Road. The property features ample natural light and is zoned E. The asking price is $1,450,000, translating to $232.45 per square foot. This single-owner building presents a strong investment opportunity with potential for a co-working space configuration. The property's APN is 8718410001.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
WOOD FRAME
Total area
6,088 SF
Lot
0.41 ac (17,860 SF)
APN
87184-10-001
UPID
US13-0589785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Publishing House
-
(Bike/Boat/Book/etc) Store Printing Service
-
Crisis Center Medical Clinic
-
Spa & Massage Center Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$530k
Owner & transaction history
since 2016
4 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$530k
Value range
$477k – $583k
±10% around blend
Estimated value / SF
$87 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$477k
blend $530k
$583k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,088 SF
Lot area
0.41 ac
Year built
2005
Stories
2
APN
87184-10-001
Assessed value
$306,900
Annual tax
$27,254
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.40M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.52M
@ 6.5% CAP return
$1.40M
@ 7% CAP return
$1.30M
4
Sales comparison
Partial preview
Sales approach indication
$2.22M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 7,480 SF
8.9 mi away · 7,296 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$530k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 50 sales
$316
-72%
Submarket 174 sales
$247
-65%
County 257 sales
$233
-63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$307k
Move the market yield to see immediate price impact.
Value / SF
$50
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$19k
$387k
$276k
$215k
$21k
$430k
$307k
$239k
$24k
$473k
$338k
$263k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$4.00M
2.7 mi · Dec 2025 · $576/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,254
Tax year 2023
Assessed value
$306,900
Assessed 2023
Previous assessed
$291,305
+5.4% YoY
Effective rate
8.88%
On assessed value
Assessed land
$20,088
Assessed improvement
$286,812
Land market value
$72,000
Improvement market value
$1,028,000
Total market value
$1,100,000
Applied tax rate
1,100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
6,088 SF
Lot
0.41 ac (17,860 SF)
APN
87184-10-001
UPID
US13-0589785
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Your membership includes if available
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- Zoning
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