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Property profile & analytics
FOR LEASE
Turn key restaurants
2400 E Harmony Rd Fort Collins, CO 80528
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US13-1050221
For Lease
1 / 2
$1,310,000
2400 E Harmony Rd, Fort Collins, CO 80528
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Property summary
AI-generated overview
This turnkey restaurant space, located at 2400 E Harmony Rd #101 in Fort Collins, Colorado, presents a unique opportunity for immediate occupancy. Situated within The Villaggio, this single-tenancy retail space benefits from its adjacency to new residential developments, major healthcare facilities, and prominent office parks such as Harmony Technology Park and the HP/Broadcom campus. The high-visibility location on Harmony Road boasts exceptional traffic counts and demographics, ensuring significant customer reach. Easy access to I-25 further enhances its accessibility and convenience. The property offers two prime signage opportunities, allowing for effective marketing to both eastbound and westbound traffic. This Larimer County property is categorized as a restaurant within the retail sector and is ready for immediate use, making it an ideal choice for established or aspiring restaurateurs seeking a thriving location with excellent visibility and convenient access. The space is located in zip code 80528.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
WOOD FRAME
Total area
10,135 SF
Lot
0.29 ac (12,807 SF)
APN
87323-14-003
UPID
US13-1050221
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
-
Masa Hibachi Steakhouse & Sushi | Japanese | Thai - Harmony location 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
$1.31M
Owner & transaction history
Harmony Executive Park II LLC · 14 yrs held
Harmony Executive Park II LLC
since 2012
5 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
$129 / 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
$103,531
Tax year 2023
Assessed value
$1,142,393
Assessed 2023
Previous assessed
$833,750
+37.0% YoY
Effective rate
9.06%
On assessed value
Assessed land
$71,340
Assessed improvement
$1,071,053
Land market value
$255,700
Improvement market value
$3,838,900
Total market value
$4,094,600
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
2007
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
10,135 SF
Lot
0.29 ac (12,807 SF)
APN
87323-14-003
UPID
US13-1050221
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
2007
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Harmony Executive Park II LLC
Entity
Mailing address
144 N MASON ST UNIT #4, FORT COLLINS, CO 80524-7103
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
—
Harmony Executive Park II LLC
—
Deed
related
$3,348,750 · Independent Bank
Jul 3, 2017
—
Harmony Executive Park II LLC
—
Grant Deed
related
$4,000,000 · Guaranty Bk
Jan 27, 2012
—
Harmony Executive Park II LLC
Harmony Executive Park LLC
Special Warranty Deed
$4,500,000 · Firstbank
Nov 25, 2008
—
Harmony Executive Park LLC
—
Grant Deed
related
$1,114,945 · United Western Bank
—
—
Harmony Executive Park II LLC
—
Deed Of Trust
related
$500,000 · Guaranty Bk
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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