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Property profile & analytics
OFF-MARKET
Estimated value
$7,300,000
Grocery and convenience stores
425 College Ave Fort Collins, CO 80524-2901
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-2277432
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1966
Total area
25,850 SF
Lot
1.74 ac (75,794 SF)
APN
97114-25-001
UPID
US13-2277432
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
-
Lucky's Market Grocery & Convenience Store Food Market
-
Motherlove Herbal Company (Bike/Boat/Book/etc) Store Specialty Food Shop
-
J & M Precision Automotive, Auto Repair and Maintenance Auto Repair Shop
-
Northern Lights Coffee Roasters Take-out & Catering Cafe & Coffee Shop
-
Fresh Produce Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.30M
CAP Approach
CAP
$6.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.30M
Owner & transaction history
425SC LLC · 2 yrs held
425SC LLC
since 2024
Last sale
$7.3M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.4M
+32.2%
Medical building
$8.8M
+2.6%
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
$7,300,000
ML approach
$7,300,000
CAP Approach
CAP Return
Estimation
6%
$6,500,000
6.5%
$6,000,000
7%
$5,570,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,590,000
Current use
RESTAURANT
$11,355,000
Change: +32% · Conversion: Easy
MEDICAL BUILDING
$8,810,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,535,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$8,175,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$7.30M
Range $6.57M – $8.03M · ±10% · vs last sale $7.30M (Aug 9 2024)
Last sale anchor
$7.30M
Aug 9 2024
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
$282 / 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
$181,655
Tax year 2023
Assessed value
$1,803,038
Assessed 2023
Previous assessed
$1,049,510
+71.8% YoY
Effective rate
10.07%
On assessed value
Assessed land
$742,140
Assessed improvement
$1,060,898
Land market value
$2,660,000
Improvement market value
$3,802,500
Total market value
$6,462,500
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
25,850 SF
Lot
1.74 ac (75,794 SF)
APN
97114-25-001
UPID
US13-2277432
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
$8.6M
RESTAURANT
Est. value
$11.4M
MEDICAL BUILDING
Est. value
$8.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.5M
OFFICE BUILDING
Est. value
$8.2M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1966
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
425SC LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2725 ROCKY MTN AVE STE #200, LOVELAND, CO 80538-8717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
$7,300,000
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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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