345 E Mountain Ave Fort Collins, CO 80521
Property profile & analytics
345 E Mountain Ave Fort Collins, CO 80521
- Life science properties
- 10,500 SF
- 0.22 lot acres
Property ID
US13-2804151
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.
Location Intelligence
Current Use by Public Records
- Fusebox Studio / Photography Service / (Bike/Boat/Book/etc) Store
- Thermo Fisher Scientific / Production Facility
- Lava Converters / Car Wash
Property Details for 345 E Mountain Ave
- Year built
- 1901
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 10,500 SF
- Property type
- Life science properties
- APN
- 97123-16-005
- APU
- 9712316005
Description
This exceptional investment opportunity presents a rare chance to acquire a 10,500 square foot, single-tenant, net-leased office building located at 345 E Mountain Ave in the heart of Fort Collins, Colorado's vibrant downtown district. The property sits on a sizable 0.22-acre lot (APN 9712316005) and is currently 100% occupied by Thermo Fisher Scientific (Life Technologies Corporation), offering immediate cash flow and future upside potential. The building boasts a desirable location on Mountain Avenue, a highly sought-after area known for its strong tenant demand. The building itself features eight private offices, a conference room, a kitchen, and substantial open workshop space spread across two floors. Convenient access to an exclusive parking area and alley access via an overhead rear door adds significant value. The asking price is $2,500,000, translating to $238.10 per square foot. This property is zoned for Downtown District use, ensuring flexibility for future development or continued operation as a high-performing office space. This is a unique opportunity to acquire a stable, income-producing asset in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $639,000
Market price range: $187k - $1.37M -
Alternative Use
- Use
- Estimation
- R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
- $555,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.073
- Latitude
- 40.5866
- 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
$66,418
$79,515
$585,035
$664,550
-
$285,000
$2,096,900
$2,381,900
