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Property profile & analytics
OFF-MARKET
Office buildings
417 Mtn Ave Fort Collins, CO 80521-2604
Entity Owned
~
Est. High Equity
Property ID
US13-0140450
Property summary
AI-generated overview
This exceptional 3,502 square foot executive office building presents a unique investment opportunity in the heart of Fort Collins, Colorado. Located at 417 W Mountain Ave, this single-story, 1959-built property boasts a desirable location near Old Town. The building features a spacious entry and reception area, complemented by eight or more private offices, a dedicated conference room, a convenient kitchenette, and private restrooms. Multiple secure storage areas are available, including basement-level storage. The property includes twelve parking spaces in a rear lot, a significant advantage in this vibrant area. Currently, short-term leases are in place. The building's heating system was upgraded with new furnaces in 2025, ensuring efficient and reliable climate control. This well-maintained property offers a blend of classic charm and modern functionality, making it an ideal investment for discerning buyers seeking a strong presence in a thriving downtown location. The property's address is 417 W Mountain Ave, Fort Collins, CO 80521, within Larimer County. The asking price is $1,700,000.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,502 SF
Lot
0.21 ac (9,148 SF)
APN
97114-11-008
UPID
US13-0140450
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
-
Craig Heacock MD Physician
-
Fort Collins Family Law Law Firm Child Welfare Organization
-
Law Offices of Paul M. Gaide Law Firm
-
Kneeland & Lazure Law Law Firm
-
Mind Over Matters LLC Psychotherapist Hypnotherapy Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
West Mountain Avenue LLC
West Mountain Avenue LLC
since 2025
Last sale
$1.4M
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$23,580
Tax year 2023
Assessed value
$241,335
Assessed 2023
Previous assessed
$177,712
+35.8% YoY
Effective rate
9.77%
On assessed value
Assessed land
$75,330
Assessed improvement
$166,005
Land market value
$270,000
Improvement market value
$595,000
Total market value
$865,000
Applied tax rate
1,110.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
5
Total area
3,502 SF
Lot
0.21 ac (9,148 SF)
APN
97114-11-008
UPID
US13-0140450
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
5
Lot
0.21 ac
Current owner
From public records · entity-resolved
West Mountain Avenue LLC
Entity
Mailing address
417 W MTN AVE, FORT COLLINS, CO 80521-2604
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
$1,350,000
West Mountain Avenue LLC
417 Mountain LLC
Special Warranty Deed
$850,000 · 417 Mountain LLC
Jul 19, 2022
—
417 Mountain LLC
—
Deed
related
$300,000 · First Western Trust Bank
Aug 1, 2006
—
417 Mountain LLC
Apt Aylward & Kneeland LLP
Quit Claim Deed
related
—
Jan 3, 2000
$311,000
Apt Aylward
Farm Credit Svcs Of Mountain
Grant Deed
$250,000 · Farm Credit Svcs Of Mountain
—
—
Apt Aylward
—
Deed Of Trust
related
$240,000 · Wells Fargo Bank West NA
—
—
417 Mountain LLC
—
Deed Of Trust
related
$550,000 · Wells Fargo 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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