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Property profile & analytics
FOR SALE
Medical Office Space
2121 E Harmony Rd Fort Collins, CO 80528
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-1401847
For Sale
1 / 9
Contact for pricing
2121 E Harmony Rd, Fort Collins, CO 80528
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
18,066 SF
Lot
20.06 ac (873,683 SF)
APN
86052-40-901
UPID
US13-1401847
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
-
Surgical Specialists Of The Rockies Medical Clinic
-
Northern Colorado Allergy And Asthma Clinic Medical Clinic
-
Arthritis & Rheumatology Clinic of Northern Colorado Medical Clinic
-
Cancer Patient Navigation - Northern Colorado Medical Clinic Hospital
-
Arthritis and Rheumatology Clinic: Michael Thakor MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.87M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$3.02M
Owner & transaction history
Journey Homes LLC · 5 yrs held
Journey Homes LLC
since 2020
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%
$4,190,000
6.5%
$3,865,000
7%
$3,590,000
Blend value · Realmo final
$3.02M
Range $2.71M – $3.32M · ±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
$167 / 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
$161,053
Tax year 2023
Assessed value
$1,764,095
Assessed 2023
Previous assessed
$1,207,612
+46.1% YoY
Effective rate
9.13%
On assessed value
Assessed land
$111,522
Assessed improvement
$1,652,573
Land market value
$399,720
Improvement market value
$5,923,200
Total market value
$6,322,920
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
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
3
Units
26
Rooms
1
Total area
18,066 SF
Lot
20.06 ac (873,683 SF)
APN
86052-40-901
UPID
US13-1401847
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
2000
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
3
Units
26
Rooms
1
Lot
20.06 ac
Current owner
From public records · entity-resolved
Journey Homes LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2121 E HARMONY RD UNIT #200, FORT COLLINS, CO 80528-3401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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 3, 2022
—
Twin Owis Lllp
—
Deed
related
$400,000 · First Western Trust Bank
Dec 30, 2020
$190,000
Journey Homes LLC
Vdw Investments LLC
Grant Deed
—
Jan 31, 2020
$1,590,000
Fort Collins Medical Offices L
Bonzrus Properties LLC
Grant Deed
$1,351,500 · First Citizens Bk
May 5, 2016
$1,239,000
Twin Owls Lllp
Velusamy Kailasam
Special Warranty Deed
$628,983 · First Western Trust Bank
May 4, 2016
$861,000
Twin Owls Lllp
Nose-z LLC
Grant Deed
—
Jul 9, 2012
$6,000,000
Poudre Valley Health Care INC
Harmony Valley Cardiac Invs Ll
Grant Deed
—
Jun 23, 2010
—
Harmony Valley Cardiac Invs Ll
Luckasen,gary J
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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