Versatile Industrial and Office
For Sale
$3,050,000
599 W 71st, Loveland, CO 80538
14,130 SF industrial and office space in Loveland, CO.
Property Size14,130 SF
Lot Size1.64 Acres
Price / SF$215.85
Days on Market700
Property Features for 599 W 71st
General Information
Standard status
Active
Size
14,130 SF
Lot size
1.64 Acres
Property subtype
Commercial
Amenities
Central air
Metal Roof
Central Air Cooling
Forced Air Heating
Radiant Heating
Building Details
Year Built
2012
Listing Agency:
Cushman Wakefield
(970) 776-3900
Listed By:
NATE HECKEL · License #FA.040037901
(970) 412-0225
Source:
Corcoran
Added: Nov 18, 2024
Changed: Oct 16
Last Checked: Oct 19 at 6:43AM
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 Cushman Wakefield
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 599 West 71st Street offers 14,130 square feet of industrial and office space. The expansive layout provides room for a variety of industrial processes and office configurations, making it suitable for companies looking to optimize their workspace. Its location ensures connectivity and accessibility, positioning businesses in a dynamic and thriving area.
Key Highlights
- 14,130 sq ft of versatile industrial and office space.
- Prime location offering excellent connectivity and accessibility.
- Ideal for businesses seeking a strategic base of operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,300
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,506,000
$2.5M
Cap Rate 7%
$1,790,000
$1.8M
Cap Rate 9%
$1,392,222
$1.4M
Market Conditions
NOI Build-Up for 14,130 SF
Gross rent
$195.8K $13.86/SF
− Vacancy
−$16.8K −$1.19/SF
EGI
$179.0K $12.67/SF
− OpEx
−$53.7K −$3.80/SF
NOI
$125.3K $8.87/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,506,000
Cap Rate 7%
$1,790,000
Cap Rate 9%
$1,392,222
Alternative Uses
Best Use
Industrial
$1.79M
$1.57M – $2.09M
NOI $125,300 @ 7.0% cap · market cap 4.11%
Second Best
Flex RnD
$1.66M
$1.45M – $1.94M
NOI $116,350 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$3.79M
$3.32M – $4.42M
NOI $265,490 @ 7.0% cap · market cap 8.70%
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
198
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Food For Thought Catering — 235 W 67th Ct, Loveland, CO 80538
Frequently Asked Questions
What type of property is this?
Flex space - 14,130 SF industrial and office space in Loveland, CO.
Where is this flex space located?
The property is located at 599 W 71st Loveland, CO.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 14,130 sq ft of versatile industrial and office space.; Prime location offering excellent connectivity and accessibility.; Ideal for businesses seeking a strategic base of operations.
