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Property profile & analytics
OFF-MARKET
Estimated value
$12,460,000
Manufacturing properties
3842 Redman Dr Fort Collins, CO 80524-9235
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US13-0582076
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
STEEL FRAME
Total area
159,950 SF
Lot
31.13 ac (1,356,023 SF)
APN
87090-00-031
UPID
US13-0582076
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
-
Super Vacuum Manufacturing Co. Industrial Manufacturer Production Facility
-
SVI Graphics Printing Service (Bike/Boat/Book/etc) Store
-
Ikon Fire Factory Production Facility
-
Oelo Lighting Solutions Electrical Service General Contractor
-
Command Light Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.53M
Blend (final)
Blend
$12.46M
Owner & transaction history
Super Vacuum Manufacturing INC · 14 yrs held
Super Vacuum Manufacturing INC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.46M
Range $11.21M – $13.71M · ±10%
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
$78 / 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
$382,018
Tax year 2023
Assessed value
$4,127,917
Assessed 2023
Previous assessed
$2,527,988
+63.3% YoY
Effective rate
9.25%
On assessed value
Assessed land
$1,134,972
Assessed improvement
$2,992,945
Land market value
$4,068,000
Improvement market value
$10,727,400
Total market value
$14,795,400
Applied tax rate
10,027.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
159,950 SF
Lot
31.13 ac (1,356,023 SF)
APN
87090-00-031
UPID
US13-0582076
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
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
31.13 ac
Current owner
From public records · entity-resolved
Super Vacuum Manufacturing INC
Entity
Mailing address
3842 REDMAN DR, FORT COLLINS, CO 80524-9235
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
—
Super Vacuum Manufacturing Co INC
—
Deed
related
$591,500 · Kansas City Financial Corp
Dec 2, 2011
—
Super Vacuum Manufacturing INC
Saddlenotch LLC
Grant Deed
related
—
Nov 3, 2011
$4,726,000
Super Vacuum Mfg Co INC
Saddlenotch LLC
Grant Deed
$7,460,000 · Umb Bank NA
Nov 3, 2011
$4,324,000
Bonfire LLC
Saddlenotch LLC
Grant Deed
$1,275,000 · Umb Bank Colorado
Dec 27, 2004
—
Saddlenotch LLC
—
Deed Of Trust
related
$1,300,000 · J P Morgan Chase Bank
—
—
Saddlenotch LLC
—
Deed Of Trust
related
$250,000 · J P Morgan Chase Bank
—
—
Saddlenotch LLC
—
Deed Of Trust
related
$1,450,000 · J P Morgan Chase Bank
—
—
Saddlenotch LLC
—
Deed Of Trust
related
$300,000 · Bank One NA
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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