Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    103 E 42Nd St, Unit 109 Loveland, CO 80538

    Sponsored
    For Lease
    $16 SF/Yr

    COMMERCIAL - Loveland, CO

    Type:Office
    Lot size:
    0.37 Acres
    Days on Market:
    85
    Last Refresh:
    Jan 22 at 10:06 pm

    Property Features for 103 E 42Nd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    R3
    APN
    R1095315
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.37 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Building materials
    Frame, Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Jerico Devlin

    LC Real Estate Group, LLC (970) 402-6432 [email protected]

    Listing agent Jerico Devlin (970) 667-7000

    Listing date Oct 30, 2025

    Copyright © 2026 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    High Visibility Loveland Office Space

    This high visibility office space is located in a convenient north Loveland location, offering direct access to US Hwy 287/N. Garfield Ave. The property is situated in a well-established corridor that needs service and professional office uses, with proximity to many retailers and restaurants. It benefits from high traffic and visibility, featuring monument signage on US Highway 287 and paved off-street parking. Suite 109, formerly a massage therapy space, includes a potential display or conference room that can be easily converted to offices or workspaces. It is ideal for legal, chiropractor, physical therapy, insurance, or other office uses. The unit will be delivered with new paint and new LED lighting. Co-tenants include a private medical clinic and computer repair. The lot size is 0.37 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oh So Boho ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.07693
    Latitude
    40.43536

    Nearby Similar for Lease

    • New
      $11 SF/Yr
      49,658 SF

      Versatile Commercial Property, Loveland, CO

      Prime location with highway access, adaptable for various business needs.
      3850 Grant Ave, Loveland, CO 80538
      View Details
    • $11 SF/Yr

      Loveland Commercial Office/Warehouse Space

      Move-in ready office and warehouse space in accessible West Loveland.
      2707 W Eisenhower Blvd, Loveland, CO 80537
      View Details
    • $18 SF/Yr

      Premier Lakefront Medical/Wellness Office

      High-visibility medical/wellness office space with lakefront location and highway access.
      762 W Eisenhower Blvd, Loveland, CO 80537
      View Details
    • $16 SF/Yr

      Move-in Ready Office Suites

      Excellent location with high visibility in central Loveland, Colorado.
      3780 N Garfield Ave, Loveland, CO 80538
      View Details
    • $9 SF/Yr
      10,890 SF

      Loveland Industrial Office/Warehouse Space

      Industrial office/warehouse for lease featuring office space and warehouse.
      6748 N Franklin Ave, Loveland, CO 80538
      View Details
    • $19 SF/Yr
      9,148 SF

      Downtown Loveland Renovated Office Suites

      Luxury office suites in a renovated downtown Loveland commercial building.
      102 E 1St St, Loveland, CO 80537
      View Details
    • $15 SF/Yr

      Loveland Office Space with Lake Views

      Well-appointed office space with high-end finishes and functional layout.
      550 W Eisenhower Blvd, Loveland, CO 80537
      View Details
    • $175 SF/Yr

      Loveland Flex/Manufacturing/Office Warehouse Space

      Functional flex, manufacturing, or office/warehouse space in Loveland, CO.
      418 8Th St SE, Loveland, CO 80537
      View Details
    • $16 SF/Yr
      66,647 SF

      Updated Office Space For Rent

      Functional office space with high visibility near US Hwy 34.
      1712 Topaz Dr, Loveland, CO 80537
      View Details
    • $13 SF/Yr
      9,148 SF

      Loveland Office-Retail Space for Lease

      Office and retail space available for lease in Loveland, Colorado.
      425 E Eisenhower Blvd, Loveland, CO 80537
      View Details
    • $18 SF/Yr

      West Loveland Office Space For Rent

      Office space with mountain views, suitable for medical or professional use.
      3214 W Eisenhower Blvd Unit, Loveland, CO 80537
      View Details
    • $14 SF/Yr
      37,462 SF

      Industrial/Flex Unit Near Airport

      Functional industrial/flex unit with office and warehouse space for lease.
      6397 Aviation Cir, Loveland, CO 80538
      View Details

    FAQs

    What type of property is this?
    Office space - Convenient location with highway access, ideal for professional office uses.
    Where is this office space located?
    The property is located at 103 E 42Nd St, Unit 109 Loveland, CO.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location with direct access to US Hwy 287/N. Garfield Ave.; - **Benefit from Monument signage on US Highway 287.**; - Paved off-street parking.
    (970) 402-6432
    Request Owner's contact information
    103 E 42Nd St, Unit 109 Loveland, CO 80538
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 E 42Nd St, Unit 109
    Loveland, CO 80538
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    103 E 42Nd St, Unit 109 Loveland, CO 80538
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jerico Devlin
    (970) 402-6432
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.