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    1514 E Harmony Rd Fort Collins, CO 80525
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    1514 E Harmony Rd Fort Collins, CO 80525

    View on Map
    • Community centers
    • 16,100 SF
    • 1.88 lot acres
    For Lease
    $19 SF/Yr
    View Listing →
    Retail Space in Harmony Marketplace For Lease
    $19 SF/Yr
    3,036 SF

    Retail Space in Harmony Marketplace

    Retail space available in Safeway-anchored Harmony Marketplace shopping center.

    1514 E Harmony Rd, Fort Collins, CO
    View Listing
    Property ID
    US13-0381777
    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.
    Value Estimations
    $860,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rain Garcia, Realtor - Keller Williams Realty Northern Colorado / Real Estate Agency
    • Elizabeth Grosul, Keller Williams Realty NoCo / Real Estate Agency
    • The PSC Team of Keller Williams / Real Estate Agency
    • IV Nutrition / Spa & Massage Center / Alternative Medicine Practice
    • Double S Group @ Keller Williams Realty NoCo / Real Estate Agency

    Property Details for 1514 E Harmony Rd

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.88 lot acres
    Property size
    16,100 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    87313-56-002
    APU
    8731356002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $735,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $986,000
      Market price range: $525k - $1.15M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $785,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.051
    Latitude
    40.5252
    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
    $103,900
    $228,529
    $917,910
    $1,146,439
    -
    $819,100
    $3,290,000
    $4,109,100

    Comparable in this City

    • Value Estimation
      $560,000
      7,020 SF

      2601 Lemay Ave

      MINI-MALL • 7,020 SF
      2601 Lemay Ave, Fort Collins, CO 80525-2295
      View Details
    • Value Estimation by Request
      5,000 SF

      1526 Harmony Rd

      MINI-MALL • 5,000 SF
      1526 Harmony Rd, Fort Collins, CO 80525-8005
      View Details
    • Value Estimation
      $795,000
      12,000 SF

      4619 Mason St

      MINI-MALL • 12,000 SF
      4619 Mason St, Fort Collins, CO 80525-3742
      View Details
    • Value Estimation
      $1,295,000
      23,275 SF

      4357 Corbett Dr

      MINI-MALL • 23,275 SF
      4357 Corbett Dr, Fort Collins, CO 80525-6111
      View Details
    • Value Estimation
      $675,000
      12,580 SF

      4637 Mason St Ste A6

      MINI-MALL • 12,580 SF
      4637 Mason St Ste A6, Fort Collins, CO 80525-3743
      View Details
    • Value Estimation
      $535,000
      9,900 SF

      1414 Harmony Rd, Unit B

      MINI-MALL • 9,900 SF
      1414 Harmony Rd, Fort Collins, CO 80525-3275
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,008 SF

      Fort Collins Shopping Center For Sale

      Prime Retail Space, 8,008 SF, Ideal Location
      2108 Midpoint Dr, Fort Collins, CO 80525
      View Details
    • $1,801,800
      8,008 SF

      Retail Center Near Downtown

      Neighborhood retail center available for sale or lease.
      2108 Midpoint Dr, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      24,000 SF

      Industrial Building Near I-25

      Proposed industrial building with flexible spaces and outdoor storage.
      Sec I-25 & Prospect Rd, Fort Collins, CO 80525
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    • Contact for pricing

      Fort Collins Retail Opportunity

      Retail property located on South College Avenue in Fort Collins.
      2427 South College Ave, Fort Collins, CO 80525
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Arbor Plaza

      Retail or office space in high-traffic Fort Collins location.
      4631 S Mason St, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      1,989 SF

      Retail Space in Fort Collins

      Vibrant mixed-use village with strong tenant lineup in Fort Collins.
      2948 Council Tree Ave, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Harmony Marketplace

      Retail space available in Fort Collins' dominant community center.
      150 E Harmony Rd, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      28,000 SF

      Vibrant Mixed-Use Village Retail Space

      Retail space in a mixed-use village in Fort Collins.
      2937 Council Tree Ave, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Arbor Plaza

      High-traffic retail or office space in Fort Collins.
      4637 S Mason St, Fort Collins, CO 80525
      View Details
    • Contact for pricing

      Retail Space in Mixed-Use Development

      Retail space available in new transit-oriented mixed-use development.
      157 W Drake Rd, Fort Collins, CO 80525
      View Details
    View Listing
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    1514 E Harmony Rd
    Fort Collins, CO 80525
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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