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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Grocery and convenience stores
1660 College Ave Fort Collins, CO 80524-1219
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0142764
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,200 SF
Lot
0.65 ac (28,314 SF)
APN
97012-61-001
UPID
US13-0142764
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
-
Hungry Pizza Take-out & Catering
-
U-Haul Neighborhood Dealer Car Rental Facility
-
The Rockies Grocery & Convenience Store
-
Valero Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$925k
Owner & transaction history
Gpm Re LLC · 4 yrs held
Gpm Re LLC
since 2021
Last sale
$28,751
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
by Request
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $29k (Oct 22 2021)
Last sale anchor
$29k
Oct 22 2021
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
$289 / 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
$32,346
Tax year 2023
Assessed value
$362,672
Assessed 2023
Previous assessed
$167,707
+116.3% YoY
Effective rate
8.92%
On assessed value
Assessed land
$118,491
Assessed improvement
$244,181
Land market value
$424,700
Improvement market value
$875,200
Total market value
$1,299,900
Applied tax rate
1,112.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
3,200 SF
Lot
0.65 ac (28,314 SF)
APN
97012-61-001
UPID
US13-0142764
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Gpm Re LLC
Entity
Mailing address
8565 MAGELLAN PKWY STE #400, RICHMOND, VA 23227-1172
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2021
$28,751
Gpm Re LLC
Epp Divestment Re LLC
Special Warranty Deed
—
Jan 11, 2021
—
Epp Divestment Re LLC
—
Deed
related
$35,058,100 · Capital One Bank NA
Nov 4, 2020
—
Epp Divestment Re LLC
Epp-colorado Acquisition LLC
Grant Deed
related
—
Jan 23, 2015
—
Epp-colorado Acquisition LLC
—
Grant Deed
related
$325,000,000 · Regions Bk
Nov 21, 2014
$850,000
Epp-colorado Acquisition LLC
Cst Metro LLC
Grant Deed
—
Aug 25, 2008
$1,552,000
Valero Diamond Metro INC
Abs Rm Investor LLC
Grant Deed
—
Mar 1, 2007
—
Abs Rm Investor LLC
—
Deed Of Trust
related
$945,000,000 · Greenwich Capital Fin'l INC
Jul 7, 2006
$5,100,000
Abs Rm Investor LLC
Albertsons LLC
Grant Deed
$1,689,279 · Greenwich Capital Fin'l INC
—
—
Epp Divestment Re LLC
—
Deed Of Trust
related
$35,058,100 · Capital One NA
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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