Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Specialty properties
2335 Shields St Fort Collins, CO 80526-1802
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-2657493
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2001
Construction
WOOD FRAME
Total area
4,464 SF
Lot
0.3 ac (13,155 SF)
APN
97224-09-006
UPID
US13-2657493
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
-
Raintree Animal Hospital Veterinary Clinic
-
Dr. John Arnold Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$595k
Owner & transaction history
Raintree Investment Props LLC · 9 yrs held
Raintree Investment Props LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$740,000
+5.3%
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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$705,000
Current use
COMMERCIAL (GENERAL)
$740,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$133 / 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
$31,073
Tax year 2023
Assessed value
$348,722
Assessed 2023
Previous assessed
$237,800
+46.6% YoY
Effective rate
8.91%
On assessed value
Assessed land
$73,349
Assessed improvement
$275,373
Land market value
$262,900
Improvement market value
$987,000
Total market value
$1,249,900
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2001
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
4,464 SF
Lot
0.3 ac (13,155 SF)
APN
97224-09-006
UPID
US13-2657493
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
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$740,000
OFFICE BUILDING
Est. value
$695,000
MEDICAL BUILDING
Est. value
$695,000
VETERINARY, ANIMAL HOSPITAL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
2001
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Raintree Investment Props LLC
Entity
Mailing address
2335 S SHIELDS ST, FORT COLLINS, CO 80526-1802
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
—
Raintree Invs Prop LLC
—
Deed
related
$963,000 · Wells Fargo Bk
Mar 13, 2020
—
Raintree Investments Properties LLC
—
Deed
related
$905,224 · First Citizens Bank & Trust Co
Feb 16, 2017
—
Raintree Investment Props LLC
Raintree Investment Props LLC
Quit Claim Deed
related
$963,000 · Wells Fargo Bk
Aug 14, 2008
$1,160,000
Robinson Family Invs LLC
Magnuson Holdings LLC
Warranty Deed
$586,350 · Home State Bank
Mar 4, 2005
—
Mojo Investments LLC
Magnuson Holdings LLC
Quit Claim Deed
related
—
Mar 4, 2005
$600,000
Home State Bank
Mojo Investments LLC
Warranty Deed
related
—
Aug 26, 2004
—
Magnuson Holdings LLC
—
Trustees Deed
related
$50,150 · First National Bank
Apr 1, 2002
$100,070
Magnuson Holdings LLC
Magnuson,larry R
Quit Claim Deed
related
—
Sep 12, 2001
—
Larry Magnuson
—
Trustees Deed
related
$684,000 · Centennial Bank Of The West
—
—
Raintree Invs Prop LLC
—
Deed Of Trust
related
$905,224 · First Citizens Bk
—
—
Larry R Magnuson
—
Deed Of Trust
related
$100,000 · Centennial Bank Of The West
—
—
Magnuson Holdings LLC
—
Deed Of Trust
related
$684,000 · Centennial Bank Of The West
—
—
Magnuson Holdings LLC
—
Deed Of Trust
related
$921,501 · First National Bank
—
—
Raintree Invs Prop LLC
—
Deed Of Trust
related
$963,000 · Wells Fargo Bk
—
—
Robinson Family Invs LLC
—
Deed Of Trust
related
$482,000 · Front Range Regular Economic
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 2335 Shields St?
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.
