Add Listing
    For Sale
    • 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

    402-406 8Th St SE Loveland, CO 80537

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $469,000

    Rare commercial property with historic structures in SE Loveland.

    Lot size:
    0.51 Acres

    Property Features for 402-406 8Th St SE

    General Information

    Lot size
    0.51 Acres

    We can help!

    Listing Contact
    Julie Norris
    Source: Remaxcommercial

    Listing Agency: RE/MAX Listing Agent: Julie Norris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Unique Commercial Property in Loveland

    This rare and unique commercial property is located in unincorporated Larimer County, specifically in southeast Loveland. The property consists of two separate parcels that once formed a small community with several homes. Two original structures dating back to the 1850s are still standing. The parcel at 402 8th Street SE spans 0.27 acres and features an 1850s structure of approximately 558 square feet. Utilities are easily accessible, and the zoning is currently CC. The parcel at 406 8th Street SE covers 0.24 acres and includes an 860 square foot single-family residence with an 1850s shed/garage. This parcel is currently zoned CC/RR2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0722795
    Latitude
    40.3852344

    Nearby Similar for Sale

    • $2,100,000
      12,060 SF

      Loveland Retail/Showroom Opportunity

      Remodeled retail space with showroom potential and abundant parking.
      1601 N Lincoln Ave, Loveland, CO 80538
      View Details
    • $450,000
      2,000 SF

      Versatile Loveland Commercial Property

      Three-unit office with storage, work-live potential in Loveland, Colorado.
      217 12Th St SW, Loveland, CO 80537
      View Details
    • $1,475,000
      6,310 SF

      Three-Story Office Building with Lake Views

      Well-maintained office building with gym, parking, and lake views.
      504 W Eisenhower Blvd, Loveland, CO 80537
      View Details
    • New
      $599,900
      2,963 SF

      Loveland Multifamily Property with ADU

      Multifamily property featuring a finished basement ADU for flexible living.
      4774 Degas Dr, Loveland, CO 80538
      View Details
    • $350,000
      1,822 SF

      Loveland Flex Condo For Sale

      1,822 SF flex condo with fenced yard and overhead door.
      2105 E 11Th St, Loveland, CO 80537
      View Details
    • $695,000
      0.40 Acres

      Commercial Property with High Visibility

      Flexible commercial space suitable for various businesses in a high-traffic area.
      2677 N Taft Ave, Loveland, CO 80538
      View Details
    • New
      $550,000
      2,173 SF

      Loveland Duplex: Investment or Owner-Occupancy

      Duplex in Loveland with renovated units and income potential.
      1112 Gard Pl, Loveland, CO 80537
      View Details
    • $1,500,000
      4,800 SF

      New Hangar at Growing Airport

      New 4,800 SF hangar at Northern Colorado Regional Airport.
      5261 Gulf Stream Ct, Loveland, CO 80538
      View Details
    • $299,000
      0.11 Acres

      Charming Office Near Old Town

      Stand-alone office with character near downtown Loveland.
      1001 Cleveland Ave, Loveland, CO 80537
      View Details
    • $1,060,000
      4,736 SF

      Loveland Fourplex Investment Opportunity

      Fully rented fourplex in Loveland near amenities and commuter routes.
      414 Mulberry Dr, Loveland, CO 80538
      View Details
    • New
      $475,000
      2,696 SF

      Loveland Ranch Home with Garage

      Well-maintained 3-bedroom ranch in Arbor Meadows community, Loveland, CO.
      558 Magpie Dr, Loveland, CO 80537
      View Details
    • $1,295,000
      0.42 Acres

      Architectural Masterpiece with Serene Gardens

      Frank Lloyd Wright inspired design with tranquil waters and lush gardens.
      2683 N Taft Ave, Loveland, CO 80538
      View Details

    FAQs

    What type of property is this?
    Commercial land - Rare commercial property with historic structures in SE Loveland.
    Where is this commercial land located?
    The property is located at 402-406 8Th St SE Loveland, CO.
    What is the asking price?
    The asking price for this property is $469,000.
    What are key features of this property?
    This property features: - Rare commercial property opportunity in unincorporated Larimer County.; - Two separate parcels totaling .51 acres.; - Includes two original 1850s structures.
    Request Owner's contact information
    402-406 8Th St SE Loveland, CO 80537
    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.
    402-406 8Th St SE
    Loveland, CO 80537
    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
    402-406 8Th St SE Loveland, CO 80537
    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
    Julie Norris
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!