New search
Property profile & analytics
OFF-MARKET
Bars & Pubs
215 College Ave Ste A Fort Collins, CO 80524-2540
Entity Owned
15-yr Hold
Free & Clear
Property ID
US13-0083693
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,424 SF
Lot
0.15 ac (6,534 SF)
APN
97111-25-050
UPID
US13-0083693
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
-
Resharp Sharpening Service
-
Downtown Ace Hardware Building Supply Hardware & Home Improvement
-
FOCO DOCO Fort Collins Donut & Coffee Co Bakery Discount Store
-
Scrumpy's Hard Cider Bar and Pub, Home of Summit Hard Cider Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lacollege LLC · 15 yrs held
Lacollege LLC
since 2011
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$35,074
Tax year 2023
Assessed value
$354,889
Assessed 2023
Previous assessed
$260,797
+36.1% YoY
Effective rate
9.88%
On assessed value
Assessed land
$136,013
Assessed improvement
$218,876
Land market value
$487,500
Improvement market value
$784,500
Total market value
$1,272,000
Applied tax rate
1,110.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
6,424 SF
Lot
0.15 ac (6,534 SF)
APN
97111-25-050
UPID
US13-0083693
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
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lacollege LLC
Entity
Free & Clear · 15 yrs held
Mailing address
709 BOULDER CIR, FORT COLLINS, CO 80524-9252
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2011
—
Lacollege LLC
Wilkins,bernhard C
Grant Deed
related
—
Nov 2, 2009
—
Lacollege LLC
Tomcat Partners LLC
Grant Deed
$425,000 · Western State Bank
Oct 20, 2009
$7,500
Silvia M Wilkins
Jig Commercial LLC
Warranty Deed
—
Oct 20, 2009
$131,300
Bernhard C Wilkins
Jig Commercial LLC
Warranty Deed
—
Oct 20, 2009
$750,000
Tomcat Partners LLC
North College Investments LLC
Warranty Deed
$425,000 · Western State Bank
Dec 4, 2008
$16,583
David C Fry
Treasurer Of Larimer County
Certificate Of Purchase
—
Nov 4, 2008
—
North College Investments LLC
Fox Ridge At Severance LLC
Grant Deed
related
—
Nov 21, 2007
—
215 North College Avenue LLC
Bernth,daniel R
Quit Claim Deed
related
—
Jul 7, 2005
$617,500
Fox Ridge At Severance LLC
215 North College LLC
Warranty Deed
$463,125 · Western State Bank
Aug 22, 2000
$360,000
215 North College LLC
Hernandez,hector A
Grant Deed
$300,000 · Hays Trust
—
—
Lacollege LLC
—
Deed Of Trust
related
$395,893 · Western 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.
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?”
You own 215 College Ave Ste A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
