Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Warehouses
901 Smithfield Dr Fort Collins, CO 80524-8624
Individually Owned
2-yr Hold
Free & Clear
Property ID
US13-2305627
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Total area
12,000 SF
Lot
1.48 ac (64,469 SF)
APN
87161-07-020
UPID
US13-2305627
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
-
Aspen Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.80M
Owner & transaction history
American Builders & Contractors Sup · 2 yrs held
American Builders & Contractors Sup
since 2024
Last sale
$2.8M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.1M
+85.9%
Retail stores
$4.0M
+81.2%
Apartment house (5+ units)
$4.0M
+80.1%
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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
$2,130,000
6.5%
$1,970,000
7%
$1,825,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,200,000
Current use
MEDICAL BUILDING
$4,090,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$3,985,000
Change: +81% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,960,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$3,795,000
Change: +72% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,925,000
Change: +33% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,955,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Apr 25 2024)
Last sale anchor
$2.80M
Apr 25 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
$233 / 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
$58,215
Tax year 2023
Assessed value
$613,800
Assessed 2023
Previous assessed
$613,800
+0.0% YoY
Effective rate
9.48%
On assessed value
Assessed land
$71,926
Assessed improvement
$541,874
Land market value
$257,800
Improvement market value
$1,942,200
Total market value
$2,200,000
Applied tax rate
10,022.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,000 SF
Lot
1.48 ac (64,469 SF)
APN
87161-07-020
UPID
US13-2305627
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
WAREHOUSE, STORAGE Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1997
Cooling
Yes
Stories
1
Units
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
American Builders & Contractors Sup
Individual
Free & Clear · 2 yrs held
Mailing address
ABC PKWY, BELOIT, WI 53511
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
$2,800,000
American Builders & Contractors Sup
Sjs Properties LLC
Special Warranty Deed
—
Feb 22, 2021
$2,200,000
Sjs Properties LLC
Rw Properties Rllp
Special Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 901 Smithfield Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
