Sign Up Successful!
You now have access to more from Realmo!
    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

    5590 E Harmony Rd Timnath, CO

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $882,090

    Commercial lots available for sale or build-to-suit.

    Lot size:
    0.68 Acres

    Property Features for 5590 E Harmony Rd

    General Information

    Lot size
    0.68 Acres

    We can help!

    Listing Contact
    Travis Ackerman
    Travis Ackerman
    Source: Moodyscre

    Listing Agent: Travis Ackerman

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

    Learn more

    Overview

    Commercial Lots on Harmony Road

    Two commercial lots, each 0.675 acres in size, are available for sale or build-to-suit, offering options for a total of 1.35 acres. The sale price is $30.00 per square foot. Situated less than one mile from I-25 on Harmony Road, the location is suitable for professional service businesses such as dental offices, retail shops, or quick-service restaurants. The site benefits from traffic generated by a nearby car wash, which enhances visibility and accessibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Timnath
    County
    Larimer
    State
    Colorado
    Longitude
    -104.9852533
    Latitude
    40.5291491

    Nearby Similar for Sale

    • $539,890
      707 SF

      Retail Space Near Harmony Road

      Retail property with excellent access and visibility near Harmony Road.
      Harmony Rd, Timnath, CO 80547
      View Details
    • $22,851,675

      Mixed-Use Development in Timnath, CO

      Upscale mixed-use development with retail, office, and communal spaces.
      5451 E Harmony Rd, Timnath, CO 80547
      View Details
    • $2,256,075

      Timnath Warehouse with Drive-In Access

      Warehouse in Timnath, Colorado, featuring a drive-in and high ceilings.
      5000 Goodman St, Timnath, CO 80547
      View Details
    • $2,256,075
      10,027 SF

      Timnath Warehouse with Drive-In Access

      10,027 SF warehouse featuring drive-in access and high ceilings.
      5000 Goodman Rd, Timnath, CO 80547
      View Details
    • $764,100

      Timnath Warehouse with Drive-In Access

      Warehouse in Timnath, Colorado, featuring a drive-in and varied height.
      5000 Goodman St, Timnath, CO 80547
      View Details
    • $676,350

      Timnath Warehouse with Drive-In Access

      Warehouse in Timnath, Colorado with drive-in and high ceilings.
      5000 Goodman St, Timnath, CO 80547
      View Details
    • $945,504

      Timnath Warehouse with Drive-Ins

      Warehouse in Timnath, CO, featuring two drive-in doors.
      5000 Goodman St, Timnath, CO 80547
      View Details
    • $1,168,650

      Timnath Warehouse with Drive-Ins

      Warehouse in Timnath featuring two drive-in doors.
      5000 Goodman St, Timnath, CO 80547
      View Details
    • $539,890

      Specialty Property in Timnath, Colorado

      Specialty property available for sale in Timnath, Colorado.
      5451 E Harmony Rd, Timnath, CO 80547
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lots available for sale or build-to-suit.
    Where is this commercial land located?
    The property is located at 5590 E Harmony Rd Timnath, CO.
    What is the asking price?
    The asking price for this property is $882,090.
    What are key features of this property?
    This property features: - Located less than one mile from I-25, providing excellent accessibility.; - Suitable for various commercial uses: dental offices, retail shops, or quick-service restaurants.; - High visibility and accessibility due to steady traffic flow from a nearby car wash.
    (970) 776-3900
    Request Owner's contact information
    5590 E Harmony Rd Timnath, CO
    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.
    5590 E Harmony Rd
    Timnath, CO
    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
    5590 E Harmony Rd Timnath, CO
    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
    Travis Ackerman
    Travis Ackerman
    Real Estate License ID: CO 100014006
    (970) 776-3900
    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.