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Property profile & analytics
OFF-MARKET
Estimated value
$7,805,000
Outlet malls
2268 Harmony Rd Fort Collins, CO 80528-3412
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0533794
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,457 SF
Lot
2.3 ac (100,188 SF)
APN
87323-62-001
UPID
US13-0533794
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.39M
Blend (final)
Blend
$7.81M
Owner & transaction history
Amg Of Ft Collins LLC · 4 yrs held
Amg Of Ft Collins LLC
since 2022
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.4M
+51.2%
Medical building
$4.9M
+17.3%
Apartment house (5+ units)
$4.8M
+13.7%
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
$7,725,000
ML approach
$7,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,350,000
Change: +51% · Conversion: Easy
MEDICAL BUILDING
$4,925,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,775,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$7.81M
Range $7.02M – $8.59M · ±10% · vs last sale $7.90M (Jun 30 2022)
Last sale anchor
$7.90M
Jun 30 2022
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
$540 / 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
$90,933
Tax year 2023
Assessed value
$1,004,400
Assessed 2023
Previous assessed
$1,004,400
+0.0% YoY
Effective rate
9.05%
On assessed value
Assessed land
$559,032
Assessed improvement
$445,368
Land market value
$2,003,700
Improvement market value
$1,596,300
Total market value
$3,600,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
14,457 SF
Lot
2.3 ac (100,188 SF)
APN
87323-62-001
UPID
US13-0533794
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Amg Of Ft Collins LLC
Entity
Mailing address
3301 MOORE LN, FORT COLLINS, CO 80526-2106
Ownership since
2022
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
Jun 30, 2022
$7,900,000
Amg Of Ft Collins LLC
Via Estrada Of Fort Collins LLC
Special Warranty Deed
—
Aug 29, 2017
—
Via Estrada Of Ft Collins LLC
—
Deed
related
$3,200,000 · Tiaa Fsb
Feb 16, 2011
—
Cfm Harmony LLC
—
Deed Of Trust
related
$20,500,000 · Union Bank & Trust
Nov 9, 2010
—
Cfm Harmony LLC
—
Deed Of Trust
related
$20,500,000 · Union Bank & Trust
Mar 17, 2009
—
Cfm Harmony LLC
—
Grant Deed
related
$15,250,000 · Union Bank & Trust
Dec 11, 2008
—
Cfm Harmony LLC
—
Grant Deed
related
$20,500,000 · Union Bank & Trust
Jan 17, 2008
$6,170,000
Via Estrada Of Fort Collins LLC
Cfm Harmony LLC
Special Warranty Deed
$3,135,000 · Midfirst Bank
—
—
Via Estrada Of Ft Collins LLC
—
Deed Of Trust
related
$3,200,000 · Tiaa Fsb
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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