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    Property profile & analytics

    719 Lemay Ave Fort Collins, CO 80524-3251

    • Drive through restaurants
    • 3,289 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US13-2222819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wendy's / Fast Food Restaurant / Hamburger Restaurant
    • Riverside Shopping Center / Business Center

    Property Details for 719 Lemay Ave

    Year built
    1985
    Lot size
    0.92 lot acres
    Property size
    3,289 SF
    Property type
    Drive through restaurants
    APN
    97131-28-004
    APU
    9713128004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $475,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $580,000
      Mixed-Use
      $465,000
      Hospitality
      $495,000
      Educational
      $600,000
      Residential Income
      $505,000
      Energy
      $430,000
      Income-Based Land
      $510,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.058
    Latitude
    40.5771
    CBSA code
    22660
    CBSA name
    FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,936
    $122,453
    $290,495
    $412,948
    -
    $438,900
    $1,041,200
    $1,480,100

    Comparable in this City

    • Value Estimation
      $535,000
      4,754 SF

      234 College Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,754 SF
      234 College Ave, Fort Collins, CO 80524-3494
      View Details
    • Value Estimation by Request
      1,135 SF

      501 College Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,135 SF
      501 College Ave, Fort Collins, CO 80524-3001
      View Details
    • Value Estimation
      $810,000
      4,069 SF

      421 Cowan St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,069 SF
      421 Cowan St, Fort Collins, CO 80524-2956
      View Details
    • Value Estimation by Request
      1,245 SF

      726 Lemay Ave, Unit A

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,245 SF
      726 Lemay Ave, Fort Collins, CO 80524-3203
      View Details
    • Value Estimation by Request
      6,492 SF

      1675 College Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,492 SF
      1675 College Ave, Fort Collins, CO 80524-1220
      View Details
    • Value Estimation by Request
      1,500 SF

      732 Lemay Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      732 Lemay Ave, Fort Collins, CO 80524-3243
      View Details

    Similar Nearby for Sale

    • $349,999
      2,500 SF

      Fort Collins Retail Opportunity

      Retail property near King Soopers with drive-thru potential.
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      0.91 Acres

      Drive-Thru Commercial Opportunity in Fort Collins

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      Turn-key bar & restaurant, prime location.
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      Renovated restaurant space near Colorado State University campus.
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      Prime Old Town Fort Collins Retail

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      3,300 SF

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      Restaurant space with premium exposure in Downtown Fort Collins.
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    Similar Nearby for Lease

    • $15 SF/Yr
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      Downtown Fort Collins Gem

      Restaurant & Office Space Available
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    • $26 SF/Yr
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      Prime Old Town Fort Collins restaurant/retail space.
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      View Details
    • $120 SF/Yr

      Restaurant Space in Old Town

      Restaurant space with shared patio in vibrant Old Town.
      234 N College Ave, Fort Collins, CO 80524
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    • $17 SF/Yr
      3,721 SF

      Former Restaurant Space Near CSU

      Restaurant space with dining area, bar, and pick-up window.
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      View Details
    • $28 SF/Yr
      2,690 SF

      Fort Collins Restaurant Space For Lease

      Turn-key bar/restaurant, prime location
      122 Laurel St, Fort Collins, CO 80524
      View Details
    • Contact for pricing
      4,595 SF

      Former Restaurant Space on College

      4,595 SF former restaurant space available for rent.
      4306 S College Ave, Fort Collins, CO 80524
      View Details
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    Fort Collins, CO 80524-3251
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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