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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Auto shops
1611 Lincoln Ave A Fort Collins, CO 80524-3298
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US13-0152507
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1975
Construction
STEEL FRAME
Total area
9,500 SF
Lot
0.76 ac (33,106 SF)
APN
87074-20-015
UPID
US13-0152507
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
-
National Inspection Services, LLC Association Or Organization
-
Car Lab Detailers Timnath Car Wash
-
Wollam Landscape Inc Landscaping General Contractor
-
Independent Plumbing Solutions Inc. Plumbing Service General Contractor
-
Sharky's Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$695k
Owner & transaction history
Mrh Properties LLC · 16 yrs held
Mrh Properties LLC
since 2010
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
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
$73 / 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
$35,373
Tax year 2023
Assessed value
$390,600
Assessed 2023
Previous assessed
$307,168
+27.2% YoY
Effective rate
9.06%
On assessed value
Assessed land
$55,409
Assessed improvement
$335,191
Land market value
$198,600
Improvement market value
$1,201,400
Total market value
$1,400,000
Applied tax rate
10,027.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
9,500 SF
Lot
0.76 ac (33,106 SF)
APN
87074-20-015
UPID
US13-0152507
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
1975
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Mrh Properties LLC
Entity
Mailing address
1611 E LINCOLN AVE #8, FORT COLLINS, CO 80524-2866
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2010
—
Mrh Properties LLC
Northen Family Trust
Quit Claim Deed
related
—
Jul 14, 2010
$595,000
Northen Family Trust
Keesling,kara
Warranty Deed
—
Nov 26, 2007
$336,600
1008 Centre LLC
G & R Properties LLC
Warranty Deed
$450,000 · Larimer Bank Of Commerce
Nov 26, 2007
$282,018
Fox Ridge At Severance LLC
G & R Properties LLC
Warranty Deed
—
Nov 26, 2007
$41,382
Kara Keesling
G & R Properties LLC
Warranty Deed
—
Jan 6, 2004
$500,000
G & R Properties LLC
Augustine Ents LLC
Warranty Deed
$375,000 · Home State Bank
Jan 6, 2004
$20,556
G & R Properties LLC
Augustine,ronald J & Sheila R
Grant Deed
—
—
—
1008 Centre LLC
—
Deed Of Trust
related
$450,000 · Larimer Bank Of Commerce
—
—
Mrh Properties LLC
—
Deed Of Trust
related
$150,000 · Home State Bank
—
—
G & R Properties LLC
—
Deed Of Trust
related
$80,000 · Home State Bank
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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