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Property profile & analytics
FOR LEASE
Retail space
1700 S College Ave Fort Collins, CO 80525
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-0846168
For Lease
1 / 2
$32 SF/Yr
1700 S College Ave, Fort Collins, CO 80525
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,856 SF
Lot
0.98 ac (42,689 SF)
APN
97242-17-003
UPID
US13-0846168
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
-
Dave's Hot Chicken Restaurant
-
Fort Collins Heating & Air Conditioning HVAC Service General Contractor
-
Newk's Eatery - Fort Collins Restaurant
-
FREE Rapid & PCR Testing Fort Collins Medical Laboratory Medical Clinic
-
Statum - Rapid Antigen COVID 19 Testing Fort Collins Medical Laboratory Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$867k
Blend (final)
Blend
$930k
Owner & transaction history
1700 College Ave Holdings Company L · 2 yrs held
1700 College Ave Holdings Company L
since 2023
Last sale
$866,300
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+0.4%
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
$1,060,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,300,000
Current use
OFFICE BUILDING
$1,305,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,185,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $866k (Oct 27 2023)
Last sale anchor
$866k
Oct 27 2023
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
$192 / 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
$10,858
Tax year 2023
Assessed value
$127,308
Assessed 2023
Previous assessed
$127,308
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$119,077
Assessed improvement
$8,231
Land market value
$426,800
Improvement market value
$29,500
Total market value
$456,300
Applied tax rate
11,001.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
4,856 SF
Lot
0.98 ac (42,689 SF)
APN
97242-17-003
UPID
US13-0846168
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
RETAIL STORES Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
1
Units
4
Lot
0.98 ac
Current owner
From public records · entity-resolved
1700 College Ave Holdings Company L
Entity
Free & Clear · 2 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
—
1700 College Ave Holdings Company L
1700 College LLC
Ground Lease
related
—
Jan 11, 2012
$866,300
1700 College LLC
Yovanoff,robert & Karen
Grant Deed
—
Feb 22, 2010
—
Robert Yovanoff
—
Trustees Deed
related
$25,000 · Home State Bank
Nov 2, 2007
$420,000
Robert Yovanoff
Stouffer,r H
Grant Deed
$315,000 · Home State Bank
Feb 22, 2005
—
R H Stouffer
Stouffer Ptshp
Quit Claim Deed
related
—
—
—
Stouffer Partnership
—
Deed Of Trust
related
$847,500 · Centennial Bank Of The West
—
—
Robert Yovanoff
—
Deed Of Trust
related
$500,000 · 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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