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    2677 N Taft Ave Loveland, CO 80538

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    For Sale
    $695,000

    SINGLE_FAMILY - Loveland, CO

    Type:Office
    Lot size:
    0.40 Acres
    Added:
    Dec 1, 2025
    Days on Market:
    153
    Last Refresh:
    May 3 at 9:06 am

    Property Features for 2677 N Taft Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    R3-UD
    Rooms
    Basement
    Basement
    Crawl Space
    Accessibility
    Accessible Approach with Ramp
    Appliances
    No Inclusions
    Standard status
    Active
    APN
    R1046489
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    11688

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water front
    1

    Building Details

    Year built
    1974
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Michael Jensen
    Michael Jensen

    Listing agent Michael Jensen

    Listing office Fort Collins Real Estate, LLC 500 E. Oak St., Fort Collins, CO

    Listing date Dec 1, 2025

    MLS# 1048151

    Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property with High Visibility

    Located along a well-traveled corridor, this property offers exceptional flexibility and visibility, making it suitable for a variety of commercial uses. The building has been refreshed with new exterior updates, enhancing curb appeal and ensuring a clean, modern look. The grounds feature updated landscaping that frames the property and offers opportunities for client engagement. The newly striped parking lot provides organization, functionality, and ample parking. The building is in excellent condition, offering a versatile layout that can support professional offices, medical or wellness practices, tech or creative firms, retail showroom concepts, or specialty service businesses, maybe a coffee shop or similar with outdoor seating. Large windows provide abundant light and water views, and an adaptable floor plan makes it easy to customize the space to meet operational needs. The property is located in Loveland, with convenient access to Fort Collins and the Hwy 34 corridor. The property's location gives businesses the room and flexibility to scale. The lot size is 0.4 acres. The zoning is R3-UD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Plenty Wellness Specialty Food Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.097197
    Latitude
    40.41886

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    FAQs

    What type of property is this?
    Specialty property - Flexible commercial space suitable for various businesses in a high-traffic area.
    Where is this specialty property located?
    The property is located at 2677 N Taft Ave Loveland, CO.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: High‑visibility location on a major thoroughfare with easy access to Loveland, Fort Collins, and Highway 34.; Flexible opportunity for purchase or lease, suitable for a wide range of commercial uses (office, medical, retail, etc.).; Updated exterior and landscaping provide modern curb appeal and a professional image.
    (970) 222-8136
    We can help!
    Listing Contact
    Michael Jensen
    Michael Jensen
    Learn More
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    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
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    2677 N Taft Ave, Loveland, CO 80538

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