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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Bowling alleys
217 Horsetooth Rd Fort Collins, CO 80525-3007
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US13-0763414
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1972
Construction
STEEL FRAME
Total area
28,317 SF
Lot
1.93 ac (84,158 SF)
APN
97351-00-017
UPID
US13-0763414
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
-
Tack Room Lounge Bar & Pub
-
IVP Colorado Association / Organization
-
Chipper's Axe Throwing Family Recreation Center
-
Chipper's Lanes Horsetooth Bowling Alley
-
Your Access to and Control Over Information IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$817k
Blend (final)
Blend
$770k
Owner & transaction history
Bowl Fort Collins LLC · 19 yrs held
Bowl Fort Collins LLC
since 2007
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
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$27 / 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
$55,935
Tax year 2023
Assessed value
$621,054
Assessed 2023
Previous assessed
$621,054
+0.0% YoY
Effective rate
9.01%
On assessed value
Assessed land
$78,120
Assessed improvement
$542,934
Land market value
$280,000
Improvement market value
$1,946,000
Total market value
$2,226,000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
28,317 SF
Lot
1.93 ac (84,158 SF)
APN
97351-00-017
UPID
US13-0763414
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
1972
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Bowl Fort Collins LLC
Entity
Mailing address
217 W HORSETOOTH RD, FORT COLLINS, CO 80525-3007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Apr 11, 2007
—
Bowl Fort Collins LLC
Horsetooth Center Props LLC
Quit Claim Deed
related
$1,512,000 · First Community Bank
Jul 30, 2004
—
Horsetooth Center Props LLC
—
Trustees Deed
related
$100,000 · Home State Bank
Jan 6, 2004
$2,285,000
Horsetooth Center Props LLC
Mmh INC
Trustees Deed
$2,335,500 · Home State Bank
Jan 6, 2004
$3,639,000
Mmh INC
Dayton Family LLP
Warranty Deed
—
Aug 4, 1999
$18,400
Fort Collins City (co)
Sayton Family LLP
Grant Deed
—
—
—
Horsetooth Center Props LLC
—
Deed Of Trust
related
$200,000 · Home State Bank
—
—
Horsetooth Center Props LLC
—
Deed Of Trust
related
$125,000 · 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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