Loveland Office with High
For Sale
$395,000
1047 N Lincoln Ave, Loveland, CO 80537
Centrally located office space suitable for medical or professional use.
Property Size2,809 SF
Price / SF$263.33
Days on Market236
Property Features for 1047 N Lincoln Ave
General Information
Standard status
Active
Size
2,809 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,478
Building Details
Building Size
2,809 SF
Year Built
1935
Listing Agency:
Colorado Real Estate Pros
Listed By:
Brad Sawatzky
(970) 690-2444
Source:
Elliman
Added: Mar 5
Changed: Oct 25
Last Checked: Oct 26 at 4:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Real Estate Pros
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Investment Insights
Based on property information with market context.
This centrally located office space, situated between downtown Loveland and US-34, offers high visibility. The interior features hardwood floors and trim, creating a functional workspace. The layout includes a spacious reception/waiting room and 11 offices/exam rooms, several of which are equipped with plumbing. The property's layout is suited for various uses, including medical or professional offices. Previously used as a chiropractic office, the space is currently occupied by an appraisal office. The property includes 12 additional deeded parking spaces. The space is divisible into two sections of 1,200 to 1,500 square feet.
Key Highlights
- Central location between downtown Loveland and US‑34 offers high visibility.
- Fluid layout with spacious reception/waiting room and 11 offices/exam rooms (several with plumbing) provides versatile use.
- Includes 12 additional deeded parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,634
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,680
$432.7K
Cap Rate 7%
$309,057
$309.1K
Cap Rate 9%
$240,378
$240.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$37.8K $25.17/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$36.1K $24.04/SF
− OpEx
−$14.4K −$9.61/SF
NOI
$21.6K $14.42/SF
Area
Larimer County, CO
Vacancy
4.50%
Lease Rate
$25.17 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,680
Cap Rate 7%
$309,057
Cap Rate 9%
$240,378
Alternative Uses
Best Use
Healthcare Medical
$309.1K
$270.4K – $360.6K
NOI $21,634 @ 7.0% cap · market cap 5.48%
Second Best
Office B
$303.8K
$265.8K – $354.4K
NOI $21,264 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$402.6K
$352.3K – $469.7K
NOI $28,184 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,736
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80537, CO
43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Ambulatory Equine Medicine Inc — Loveland, CO 80539
- Seward M C DVM — 1403 Monroe Ave, Loveland, CO 80538
- Matt Jones, DVM — 1403 Monroe Ave, Loveland, CO 80538
Frequently Asked Questions
What type of property is this?
Medical Office Space - Centrally located office space suitable for medical or professional use.
Where is this medical office space located?
The property is located at 1047 N Lincoln Ave Loveland, CO.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Central location between downtown Loveland and US‑34 offers high visibility.; Fluid layout with spacious reception/waiting room and **11 offices/exam rooms (several with plumbing) provides versatile use.**; Includes 12 additional deeded parking spaces.
