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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Office buildings
4703 Boardwalk Dr B1 Fort Collins, CO 80525-3766
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0990930
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
WOOD FRAME
Total area
3,226 SF
Lot
0.13 ac (5,663 SF)
APN
96011-82-001
UPID
US13-0990930
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
-
Morgan Merriman, Realtor Real Estate Agency
-
Aspen Homes Real Estate Agency
-
Housing Solutions Real Estate Real Estate Agency
-
Jennifer Fields Realtor @ RE/MAX Alliance Real Estate Agency
-
Sound Relief Tinnitus & Hearing Center | Audiologist Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$900k
Owner & transaction history
Jfanning Properties LLC · 1 yrs held
Jfanning Properties LLC
since 2024
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+24.5%
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$865,000
Current use
MEDICAL BUILDING
$1,080,000
Change: +25% · Conversion: Easy
RETAIL STORES
$865,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$785,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Dec 24 2024)
Last sale anchor
$900k
Dec 24 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
$279 / 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
$22,695
Tax year 2023
Assessed value
$256,959
Assessed 2023
Previous assessed
$218,892
+17.4% YoY
Effective rate
8.83%
On assessed value
Assessed land
$61,743
Assessed improvement
$195,216
Land market value
$221,300
Improvement market value
$699,700
Total market value
$921,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,226 SF
Lot
0.13 ac (5,663 SF)
APN
96011-82-001
UPID
US13-0990930
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
OFFICE BUILDING Current
Est. value
$865,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$785,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
2000
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Jfanning Properties LLC
Entity
Mailing address
895 DEER MDW DR, LOVELAND, CO 80537-2400
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
$900,000
Jfanning Properties LLC
Fanning Family Properties LLC
Warranty Deed
$765,000 · Jpmorgan Chase Bank NA
Oct 11, 2000
$520,000
Fanning Family Properties LLC
Vaughan,allan E
Grant Deed
$280,500 · Wells Fargo Bank West NA
—
—
Fanning Family Properties LLC
—
Deed Of Trust
related
$279,000 · Centennial Bank Of The West
—
—
Fanning Family Properties LLC
—
Deed Of Trust
related
$485,000 · Bank One NA
—
—
Fanning Family Properties LLC
—
Deed Of Trust
related
$50,000 · 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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