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Property profile & analytics
FOR SALE
Office buildings
921 E Prospect Rd Fort Collins, CO 80525
Individually Owned
16-yr Hold
Free & Clear
Property ID
US13-0380048
For Sale
1 / 2
$1,200,000
921 E Prospect Rd, Fort Collins, CO 80525
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
WOOD FRAME
Total area
2,671 SF
Lot
0.53 ac (22,869 SF)
APN
97241-42-001
UPID
US13-0380048
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
-
Endo Creative Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Nico Cost Professional Services General Contractor
-
Englehorn Jeff Counselor
-
Baughman Darren Counselor
-
Bassett Christine M Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
James L Cox II · 16 yrs held
James L Cox II
since 2010
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,858
Tax year 2023
Assessed value
$87,170
Assessed 2023
Previous assessed
$53,072
+64.2% YoY
Effective rate
7.87%
On assessed value
Assessed land
$19,791
Assessed improvement
$67,379
Land market value
$114,400
Improvement market value
$461,100
Total market value
$575,500
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
For Sale
Year built
1965
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
2,671 SF
Lot
0.53 ac (22,869 SF)
APN
97241-42-001
UPID
US13-0380048
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
Building & site characteristics
From public records
Year built
1965
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
6
Bathrooms
3
Lot
0.53 ac
Current owner
From public records · entity-resolved
James L Cox II
Individual
Free & Clear · 16 yrs held
Mailing address
921 E PROSPECT RDB, FORT COLLINS, CO 80525-1110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2010
$4,106
James L Cox II
Treasurer Of Larimer County
Redemption Deed
—
Dec 7, 2006
$993
Shirley Langley
Treasurer Of Larimer County
Trustees Deed
related
—
—
—
James L Cox II
—
Loan Modification
related
—
—
—
James L Cox II
—
Deed Of Trust
related
$59,707 · First Mainstreet Bank 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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