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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2633 College Ave Fort Collins, CO 80525-2137

    • Specialty properties
    • 5,504 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2774294
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Julia Donnelly - Aspen Grove Veterinary Care / Veterinarian
    • Aspen Grove Veterinary Care / Veterinarian / Animal Hospital
    • Dr. Sarah Dietrick - Aspen Grove Veterinary Care / Veterinarian
    • The Cabins at Aspen Grove / Veterinarian / Dog Day Care Center
    • Dr. Bobby Cawthron - Aspen Grove Veterinary Care / Veterinarian

    Property Details for 2633 College Ave

    Year built
    1995
    Construction
    WOOD FRAME
    Lot size
    0.29 lot acres
    Property size
    5,504 SF
    Property type
    Specialty properties
    APN
    97261-27-003
    APU
    9726127003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $430,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $891,000
      Market price range: $377k - $1.36M

    • Alternative Use

      Use
      Estimation
      VETERINARY, ANIMAL HOSPITAL
      $870,000
      Current use
      MEDICAL BUILDING
      $1,085,000
      Change: +25% Conversion: Difficult
      RESTAURANT
      $1,040,000
      Change: +20% Conversion: Difficult
      OFFICE BUILDING
      $925,000
      Change: +6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $915,000
      Change: +5% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $765,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.078
    Latitude
    40.5513
    CBSA code
    22660
    CBSA name
    FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,751
    $35,740
    $364,235
    $399,975
    -
    $128,100
    $1,305,500
    $1,433,600

    Comparable in this City

    • Value Estimation by Request
      1,196 SF

      4900 College Ave

      VETERINARY, ANIMAL HOSPITAL • 1,196 SF
      4900 College Ave, Fort Collins, CO 80525-3789
      View Details
    • Value Estimation
      $1,280,000
      3,628 SF

      2550 Stover St, Unit H

      VETERINARY, ANIMAL HOSPITAL • 3,628 SF
      2550 Stover St, Fort Collins, CO 80525-4643
      View Details
    • Value Estimation by Request
      54,945 SF

      125 College Ave

      Restaurants • 54,945 SF
      125 College Ave, Fort Collins, CO 80525
      View Details
    • Value Estimation
      $625,000
      3,794 SF

      1103 Oak Park Dr Ste, Unit 101

      VETERINARY, ANIMAL HOSPITAL • 3,794 SF
      1103 Oak Park Dr Ste, Fort Collins, CO 80525-6273
      View Details
    • Value Estimation by Request
      2,160 SF

      3644 Timberline Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,160 SF
      3644 Timberline Rd, Fort Collins, CO 80525-3162
      View Details
    • Value Estimation by Request
      12,634 SF

      2451 Timberline Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 12,634 SF
      2451 Timberline Rd, Fort Collins, CO 80525-4130
      View Details

    Similar Nearby for Sale

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      Proposed Industrial Building Near I-25

      Proposed industrial building with high visibility and flexible space options.
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      Fort Collins Church on 4.36 Acres

      9,984 SF church on 4.36 acres in Fort Collins.
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      Fully Leased NNN Property

      Fully leased NNN property with development potential in Fort Collins.
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    Similar Nearby for Lease

    • Contact for pricing
      22,000 SF

      Midtown Fort Collins Location Available

      Located in Midtown Fort Collins with high traffic and ample parking.
      2601 S College Ave, Fort Collins, CO 80525
      View Details
    • $34 SF/Yr
      12,190 SF

      Fort Collins Retail Space Available

      Prime storefront, high traffic, 1,350 SF vacant.
      250 Harmony Rd, Fort Collins, CO 80525
      View Details
    • Contact for pricing
      503,038 SF

      Front Range Village Office Suites

      Fort Collins Executive Office Space Available
      0 Harmony Rd. & Ziegler Rd, Fort Collins, CO 80525
      View Details
    • $23 SF/Yr
      45,600 SF

      Fort Collins Class A Office Space

      Prime Office Suites, Mountain Views
      3711 John F Kennedy Pkwy, Fort Collins, CO 80525
      View Details
    • $17 SF/Yr
      41,362 SF

      River Bend Office Space Available

      Fort Collins Office: 6,439 SF Available
      2620 Prospect Rd, Fort Collins, CO 80525
      View Details
    • $16 SF/Yr
      15,400 SF

      Fort Collins Retail Space for Lease

      High-traffic location, ample parking, updated space.
      7620 College Ave, Fort Collins, CO 80525
      View Details
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    2633 College Ave
    Fort Collins, CO 80525-2137
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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