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Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Medical Office Space
1526 Oakridge Dr Fort Collins, CO 80525-7305
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2265812
Property summary
AI-generated overview
This exceptional 6,425 square foot medical office building, situated on a 1.48-acre lot in Fort Collins, Colorado, presents a compelling investment opportunity. Built in 2003 and renovated in 2018, the single-story property boasts 64 parking spaces and is zoned HC - Harmony Corridor. Currently 100% occupied by a Fresenius Kidney Care facility under a corporate lease guaranty with a remaining term of 4+ years, and three 5-year options to extend. The property generates a strong NOI of $162,921, representing a 6.00% cap rate at an asking price of $2,715,350 ($422.62/sq ft). The tenant, a publicly traded company (FMS) with a market cap exceeding $16.37 billion, provides exceptional financial stability and long-term growth potential. Rent bumps are included in the lease agreement. This is a rare opportunity to acquire a high-quality, fully leased medical office building in a desirable location with significant upside potential.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
6,425 SF
Lot
1.48 ac (64,469 SF)
APN
86062-43-001
UPID
US13-2265812
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
-
Fresenius Kidney Care Poudre Valley Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.54M
Owner & transaction history
Smbc Leasing And Finance INC · 1 yrs held
Smbc Leasing And Finance INC
since 2025
Last sale
$2.7M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+31.4%
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
Method
Estimation
Statistic approach
$2,365,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,150,000
Current use
RESTAURANT
$2,820,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,120,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$1,725,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±10% · vs last sale $2.68M (Feb 18 2025)
Last sale anchor
$2.68M
Feb 18 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$395 / 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
$60,367
Tax year 2023
Assessed value
$669,600
Assessed 2023
Previous assessed
$429,432
+55.9% YoY
Effective rate
9.02%
On assessed value
Assessed land
$359,380
Assessed improvement
$310,220
Land market value
$1,288,100
Improvement market value
$1,111,900
Total market value
$2,400,000
Applied tax rate
1,100.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Cooling
AC.PACKAGE
Stories
1
Total area
6,425 SF
Lot
1.48 ac (64,469 SF)
APN
86062-43-001
UPID
US13-2265812
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.2M
RESTAURANT
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Cooling
Yes
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Mailing address
719 BREAKWATER DR, FORT COLLINS, CO 80525-3302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$2,675,000
Smbc Leasing And Finance INC
Foti & Foti LLC
Special Warranty Deed
$2,773,000 · Smbc Leasing And Finance INC
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.
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