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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Retail space
3701 Mason St Fort Collins, CO 80525-3056
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2458714
Property summary
AI-generated overview
This exceptional 6,963-square-foot retail space presents a prime opportunity in the vibrant Midtown Fort Collins area. Located at 3701 South Mason Street, 80525, Colorado, this single-story building offers unparalleled visibility and accessibility. Its strategic location directly abuts busy shopping centers and is conveniently situated near South College Avenue, a major thoroughfare known for its high foot traffic. A nearby MAX transit stop further enhances accessibility for customers and employees. The property features a spacious, open layout ideal for a variety of retail uses, including a large showroom area. A significant advantage is the inclusion of a warehouse space complete with an overhead door, providing efficient loading and unloading capabilities for inventory management. The entire 6,963 square feet is currently vacant, offering a blank canvas for a new business to establish its presence. This property is a rare find, combining high visibility, convenient location, and functional space to create an exceptional investment opportunity. The building has no elevators.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
STEEL FRAME
Total area
6,940 SF
Lot
0.67 ac (29,316 SF)
APN
97351-19-013
UPID
US13-2458714
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
-
Furniture Consignments by Kristynn Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.54M
Owner & transaction history
371 Mason LLC · 1 yrs held
371 Mason LLC
since 2025
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+25.0%
Apartment house (5+ units)
$2.3M
+23.5%
Office building
$1.9M
+0.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,745,000
6.5%
$1,610,000
7%
$1,495,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,855,000
Current use
MEDICAL BUILDING
$2,320,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,290,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,865,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,695,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10% · vs last sale $1.57M (Feb 2 2025)
Last sale anchor
$1.57M
Feb 2 2025
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
$222 / 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
$23,187
Tax year 2023
Assessed value
$262,344
Assessed 2023
Previous assessed
$262,344
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$81,775
Assessed improvement
$180,569
Land market value
$293,100
Improvement market value
$647,200
Total market value
$940,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,940 SF
Lot
0.67 ac (29,316 SF)
APN
97351-19-013
UPID
US13-2458714
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
RETAIL STORES Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1994
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
371 Mason LLC
Entity
Mailing address
217 W HORSETOOTH RD, FORT COLLINS, CO 80525-3007
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$1,565,000
371 Mason LLC
Mason Street Property LLC
Warranty Deed
$939,000 · Alpine Bank
May 24, 2018
—
Mason Street Properyt LLC
—
Deed
related
$655,000 · Great Western Bank
Apr 15, 2008
$1,085,000
Mason Street Property LLC
South Mason Street LLC
Warranty Deed
related
$792,000 · First Community Bank
—
—
South Mason Street LLC
—
Deed Of Trust
related
$623,117 · Guaranty Bank
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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