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Property profile & analytics
FOR LEASE
Office buildings
221 East Mountain Ave Fort Collins, CO 80524
Trust Owned
2-yr Hold
Free & Clear
Property ID
US13-0009622
For Lease
$24 SF/Yr
221 East Mountain Ave, Fort Collins, CO 80524
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,408 SF
APN
97123-67-001
UPID
US13-0009622
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
-
Cline Williams Wright Johnson & Oldfather, LLP Law Firm
-
Elevations Credit Union Credit Union
-
The Front Row on Mountain Condominium Complex
-
CRISP & GREEN Restaurant
-
F45 Training Fort Collins Downtown Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
The Ronald D Sagall Revocable Trust · 2 yrs held
The Ronald D Sagall Revocable Trust
since 2024
Last sale
$1.5M
6 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Jun 13 2024)
Last sale anchor
$1.50M
Jun 13 2024
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
$42 / 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
$301,039
Tax year 2023
Assessed value
$2,982,510
Assessed 2023
Previous assessed
$2,982,510
+0.0% YoY
Effective rate
10.09%
On assessed value
Assessed land
$282,906
Assessed improvement
$2,699,604
Land market value
$1,014,000
Improvement market value
$9,676,000
Total market value
$10,690,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Cooling
AC.PACKAGE
Stories
2
Rooms
15
Total area
35,408 SF
APN
97123-67-001
UPID
US13-0009622
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Cooling
Yes
Stories
2
Rooms
15
Current owner
From public records · entity-resolved
The Ronald D Sagall Revocable Trust
Trust
Free & Clear · 2 yrs held
Mailing address
221 E 417TH FT, FORT COLLINS, CO 80524
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$1,500,000
The Ronald D Sagall Revocable Trust
Douglas M Coors
Warranty Deed
—
Jan 9, 2023
—
Richards Family Trust
Martina T Richards
Intrafamily Transfer
related
—
Dec 10, 2021
$1,025,000
Nicole M Byer
221 East Mountain Ave Condos LLC
Special Warranty Deed
—
Jun 14, 2021
$671,800
John T Tregenza
221 East Mountain Ave Condos LLC
Special Warranty Deed
$346,000 · Elevations Cu
May 25, 2021
—
221 East Mountain Ave Condos LLC
Elevations Credit Union
Correction Deed
related
—
Apr 27, 2021
$9,473,100
221 East Mountain Avenue Condos LLC
Elevations Credit Union
Special Warranty Deed
$12,648,000 · Elevations Cu
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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