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    Property profile & analytics

    373 Drake Rd, Unit 5DN Fort Collins, CO 80526-2881

    • Office buildings
    • 1,233 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US13-0843599
    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

    • Carmen Salon / Beauty Salon
    • Barton Trishelle OD / Optometrist
    • Fort Collins Family Eye Care / Optometrist / Eye Care Center
    • Eye Spa / Skin Care Clinic
    • Sarah Mattingley Licensed Massage Therapist / Massage Therapist

    Property Details for 373 Drake Rd

    Year built
    1976
    Construction
    WOOD FRAME
    Lot size
    0.03 lot acres
    Property size
    1,233 SF
    Property type
    Office buildings
    APN
    97261-30-005
    APU
    9726130005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $200,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $250,000
      Mixed-Use
      $240,000
      Hospitality
      $265,000
      Educational
      $245,000
      Residential Income
      $205,000
      Energy
      $190,000
      Income-Based Land
      $210,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.083
    Latitude
    40.5517
    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
    $4,613
    $6,891
    $52,006
    $58,897
    -
    $24,700
    $186,400
    $211,100

    Comparable in this City

    • Value Estimation by Request
      32,872 SF

      2243 Ctr Ave

      OFFICE BUILDING • 32,872 SF
      2243 Ctr Ave, Fort Collins, CO 80526-6050
      View Details
    • Value Estimation
      $310,000
      9,100 SF

      Fort

      OFFICE BUILDING • 9,100 SF
      Fort, Collins, CO 80526
      View Details
    • Value Estimation
      $485,000
      3,757 SF

      1030 Ctr Ave

      OFFICE BUILDING • 3,757 SF
      1030 Ctr Ave, Fort Collins, CO 80526-1849
      View Details
    • Value Estimation by Request
      73,027 SF

      2150 Ctr Ave Bldg C

      OFFICE BUILDING • 73,027 SF
      2150 Ctr Ave Bldg C, Fort Collins, CO 80526-8118
      View Details
    • Value Estimation
      $590,000
      6,010 SF

      1002 Drake Rd

      OFFICE BUILDING • 6,010 SF
      1002 Drake Rd, Fort Collins, CO 80526-5568
      View Details
    • Value Estimation
      $300,000
      1,010 SF

      363 Drake Rd

      OFFICE BUILDING • 1,010 SF
      363 Drake Rd, Fort Collins, CO 80526-6323
      View Details

    Similar Nearby for Sale

    • $2,640,000
      12,209 SF

      Fort Collins Office Building

      Office building for sale in Fort Collins, Colorado.
      313 W Drake Rd, Fort Collins, CO 80526
      View Details
    • Contact for pricing
      0.50 Acres

      Horsetooth Road Commercial Land

      Prime Fort Collins land, build-to-suit options.
      0 Horsetooth Rd, Fort Collins, CO 80526
      View Details
    • $350,000
      0.03 Acres

      Move-in Ready Fort Collins Office

      First-floor office suite in Spring Creek Business Park.
      2001 S Shields St, Fort Collins, CO 80526
      View Details
    • $1,075,000

      Fort Collins Office Space Available

      Office space near Colorado State University with lease extension.
      1006 Centre Ave, Fort Collins, CO 80526
      View Details
    • $675,000
      3,397 SF

      Fort Collins Medical Office Condo

      Prime Medical/Dental Office, Owner/User
      383 Drake Rd, Fort Collins, CO 80526
      View Details
    • $350,000

      Move-in Ready Office Suite

      First-floor office suite in Spring Creek Business Park for sale.
      Shields St, Fort Collins, CO 80526
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      3,041 SF

      Fort Collins Office Space Available

      Office space for rent near CSU Campus in Fort Collins.
      2301 Research Blvd, Fort Collins, CO 80526
      View Details
    • $24 SF/Yr

      Modern Office Space For Lease

      High-visibility office space with modern layout in excellent condition.
      4101 S Taft Hill Rd E, Fort Collins, CO 80526
      View Details
    • $18 SF/Yr
      16,032 SF

      Drake Road Office Space Available

      Prime Market Centre location, 1,201 sq ft.
      902 Drake Rd, Fort Collins, CO 80526
      View Details
    • $15 SF/Yr
      2,328 SF

      Poudre Valley Plaza Office Suites

      Move-in ready suites, prime location.
      1015 Horsetooth Rd, Fort Collins, CO 80526
      View Details
    • $15 SF/Yr

      Professional Office Suites For Lease

      Office suites available along Horsetooth Corridor in Fort Collins.
      1015 211, Fort Collins, CO 80526
      View Details
    • $12 SF/Yr
      1,101 SF

      Midtown Fort Collins Office Space

      Second-floor office space in a serene, accessible Midtown location.
      2629 Redwing Rd, Fort Collins, CO 80526
      View Details
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    373 Drake Rd, Unit 5DN
    Fort Collins, CO 80526-2881
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    Realmo Value Estimation

    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.

    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.

    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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