Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3636 Manhattan Ave Fort Collins, CO 80526-3273
    Back to Search
    Property profile & analytics

    3636 Manhattan Ave, Fort Collins, CO 80526-3273

    View on Map
    • Theaters & concert halls
    • 32,460 SF
    • 7.64 lot acres
    Off-Market
    Property ID
    US13-2848980
    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.
    Value Estimations
    $865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AMC Fort Collins 10 / Cinema / Theater & Performing Art Venue

    Property Details for 3636 Manhattan Ave

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    7.64 lot acres
    Property type
    Theaters & concert halls
    APN
    97351-61-001
    APU
    9735161001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 25, 2013 $4,200,000 Imago Ents INC Carmike Fort Collins Ltd Grant Deed —
    Aug 18, 2009 $3,000,000 Carmike Fort Collins Ltd Spirit Master Funding II LLC Grant Deed $2.5M · First Bank
    Nov 16, 2005 $3,962,300 Spirit Master Funding II LLC Ap Consolidated Theatres II Warranty Deed · related $4M · Citibank NA
    — — Carmike Fort Collins Ltd — Deed Of Trust · related $2.5M · First Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $865,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.081
    Latitude
    40.5367
    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
    $77,815
    $742,335
    $118,380
    $860,715
    -
    $2,660,700
    $424,300
    $3,085,000

    Comparable in this City

    • Value Estimation by Request
      2,369 SF

      2206 Overland Trl

      THEATER (MOVIE)
      2206 Overland Trl, Fort Collins, CO 80526
      View Details
    • Value Estimation
      $550,000
      17,931 SF

      2525 Worthington Ave

      THEATER (MOVIE)
      2525 Worthington Ave, Fort Collins, CO 80526-1864
      View Details
    • Value Estimation by Request
      2.86 Acres

      2600 Raintree Dr

      PARKING LOT
      2600 Raintree Dr, Fort Collins, CO 80526-2464
      View Details
    • Value Estimation by Request
      6.80 Acres

      2600 Raintree Dr

      PARKING LOT
      2600 Raintree Dr, Fort Collins, CO 80526-2464
      View Details
    • Value Estimation by Request
      0.89 Acres

      6029 Shields St

      WAREHOUSE, STORAGE
      6029 Shields St, Fort Collins, CO 80526-9633
      View Details
    • Value Estimation by Request
      0.11 Acres

      Fort

      VACANT COMMERCIAL LAND
      Fort, Collins, CO 80526
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Prime Fort Collins Development Opportunity

      Land with high-value zoning near CSU and Old Town.
      2109 W Drake Rd, Fort Collins, CO 80526
      View Details
    • $899,900

      Iconic Horsetooth Reservoir Location

      Commercial land parcel near Horsetooth Reservoir available for sale or lease.
      4025 W County Road 38, Fort Collins, CO 80526
      View Details
    • $300,000

      Vacant Land Near Fort Collins

      4.39 acre vacant lot outside Fort Collins city limits.
      7321 S Shields St, Fort Collins, CO 80526
      View Details
    • $120,000

      Waterfront Land with Mountain Views

      Unique .46-acre land with mountain and lake views.
      4109 Edith Dr, Fort Collins, CO 80526
      View Details
    • $325,000
      1.32 Acres

      Land Near Lory State Park

      1.3 acres near Lory State Park with utilities available.
      4808 Brookside Dr, Fort Collins, CO 80526
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Professional Office Suites Available

      Office suites for lease, ideal for medical or general office.
      2001 S Shields St, Fort Collins, CO 80526
      View Details
    • $18 SF/Yr
      1,163 SF

      Retail Space in Fort Collins

      Retail space available in well-maintained Fort Collins shopping center.
      1119 W Drake Rd W, Fort Collins, CO 80526
      View Details
    • Contact for pricing
      1,201 SF

      Office Space in Market Centre

      Office space available in a busy Fort Collins shopping center.
      902 W Drake Rd, Fort Collins, CO 80526
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3636 Manhattan Ave
    Fort Collins, CO 80526-3273
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3636 Manhattan Ave, Fort Collins, CO, 80526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!