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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Residential income homes
3032 Sumac St Fort Collins, CO 80526-5767
Individually Owned
4-yr Hold
Property ID
US13-2581233
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
FRAME
Total area
3,168 SF
Lot
0.24 ac (10,454 SF)
APN
97212-20-015
UPID
US13-2581233
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
-
IRISH HANDYMAN/REMODELING Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$435k
Blend (final)
Blend
$690k
Owner & transaction history
Eric Danielson · 4 yrs held
Eric Danielson
since 2021
Last sale
$687,956
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+8.1%
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
$695,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,000,000
Current use
MEDICAL BUILDING
$1,080,000
Change: +8% · Conversion: Moderate
RETAIL STORES
$920,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $688k (Nov 23 2021)
Last sale anchor
$688k
Nov 23 2021
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
$218 / 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
$4,679
Tax year 2023
Assessed value
$54,940
Assessed 2023
Previous assessed
$54,940
+0.0% YoY
Effective rate
8.52%
On assessed value
Assessed land
$13,400
Assessed improvement
$41,540
Land market value
$200,000
Improvement market value
$620,000
Total market value
$820,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
4
Bathrooms
4
Total area
3,168 SF
Lot
0.24 ac (10,454 SF)
APN
97212-20-015
UPID
US13-2581233
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
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
1971
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
4
Bathrooms
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
Eric Danielson
Individual
Mailing address
3032 SUMAC ST, FORT COLLINS, CO 80526-5767
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Nov 23, 2021
—
Eric Danielson
Eric Hutchinson
Intrafamily Transfer
related
$469,000 · Better Mortgage Corporation
Jul 23, 2021
$687,956
Eric Hutchinson
United Colorado LLC
Special Warranty Deed
—
Jul 21, 2021
$605,000
United Colorado LLC
Janet E Mcmillen Rev Tr
Warranty Deed
—
Aug 30, 2011
—
Mcmillen Janet E Living Trust
Mcmillen,janet E
Quit Claim Deed
related
$166,480 · Jpmorgan Chase Bank NA
Feb 21, 2006
—
Mcmillen Janet E Trust
Mcmillen,janet E
Quit Claim Deed
related
—
—
—
Clairer H Mcmillen
—
Deed Of Trust
related
$185,000 · Conal Companies Of Colorado
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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