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Financial
Distress signals
Property profile

702 Drake Rd Bldg B Fort Collins, CO 80526

OFF-MARKET
Medical Office Space
Property ID
US13-0968199
7,096 SF 0.21 ac lot Built 2000
Last sale Feb 2013 · $1,276,596
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional opportunity presents three individual commercial lots, each spanning 6,800 square feet, located in the heart of Fort Collins, Colorado. Situated at 702 West Drake Road, Building H, in Larimer County, zip code 80526 (40.5543101, -105.0895835), these lots are zoned E and offer significant development potential. Each lot allows for approximately 5,250 buildable square feet, or the possibility of combining all three for a larger development of 20,000-25,000 square feet. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$426k
Assessed land$101k
Assessed improvement$325k
Effective rate8.95%

Value estimate

· Oct 2026
$400k
$360k – $440k
CAP approach$1.52M
Submarket $/SF estimate$1.04M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$341/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$235 – $440

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLARIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.5
Law Firm15.0
Building Supply14.1

Location

702 Drake Rd Bldg B Fort Collins, CO 80526-5563
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1006 Ctr, Fort Collins, CO 80526-1849 $880,000 Jun 2024 3,005 SF
1721 Harmony, Fort Collins, CO 80526-7611 $700,000 May 2023 1,772 SF
1028 Ctr, Fort Collins, CO 80526-1849 $1,575,000 Jan 2020 3,384 SF
838 Drake Rd, Fort Collins, CO 80526-5539 $525,000 Aug 2019 1,930 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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