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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Turn key restaurants
1802 College Ave Fort Collins, CO 80524-1333
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-1038333
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,322 SF
Lot
0.35 ac (15,420 SF)
APN
98363-12-001
UPID
US13-1038333
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
-
Taqueria del Barrio Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$670k
Owner & transaction history
Salta Aridni LLC · 2 yrs held
Salta Aridni LLC
since 2023
Last sale
$610,000
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
$740,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $610k (Dec 20 2023)
Last sale anchor
$610k
Dec 20 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
$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
$11,205
Tax year 2023
Assessed value
$131,103
Assessed 2023
Previous assessed
$102,196
+28.3% YoY
Effective rate
8.55%
On assessed value
Assessed land
$34,429
Assessed improvement
$96,674
Land market value
$123,400
Improvement market value
$346,500
Total market value
$469,900
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
2,322 SF
Lot
0.35 ac (15,420 SF)
APN
98363-12-001
UPID
US13-1038333
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
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Salta Aridni LLC
Entity
Free & Clear · 2 yrs held
Mailing address
912 9TH AVE, GREELEY, CO 80631-1114
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$610,000
Salta Aridni LLC
H & H Properties LLC
Special Warranty Deed
—
Aug 10, 2020
$400,000
H & H Properties LLC
1802 N Clg Invs LLC
Grant Deed
$320,000 · Western St Bk
May 22, 2018
—
1802 N Clg Invs LLC
—
Deed
related
$2,479 · Seaworth Properties LLC
Nov 1, 2010
—
1802 North College Invs LLC
—
Trustees Deed
related
$75,000 · First National Bank Omaha
Nov 1, 2004
—
1802 North Clg Investments LLC
—
Trustees Deed
related
$160,000 · First National Bank
Aug 27, 2003
—
1802 North College Investments
Perez,mary M
Grant Deed
related
—
—
—
1802 North College Invs LLC
—
Deed Of Trust
related
—
—
—
1802 N Clg Invs LLC
—
Deed Of Trust
related
$2,479 · Seaworth Properties LLC
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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