Industrial Building with Outdoor
For Sale
$6,160,000
200 W 69th, Loveland, CO 80538
Proposed industrial building with fenced outdoor storage near Highway 287.
Property Size17,600 SF
Lot Size2.31 Acres
Price / SF$350
Days on Market716
Property Features for 200 W 69th
General Information
Standard status
Active
Size
17,600 SF
Lot size
2.31 Acres
Property subtype
Commercial
Building Details
Year Built
2025
Listing Agency:
Cushman & Wakefield
(970) 776-3900
Listed By:
TRAVIS ACKERMAN · License #100014006
(970) 222-6452
Source:
Corcoran
Added: Sep 18, 2024
Changed: Jul 6
Last Checked: Sep 2 at 8:12PM
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
Investment Insights
Based on property information with market context.
A proposed 17,600 square foot industrial building is available at Longview Commercial Center. The property includes 17,065 square feet of fenced outdoor storage. An optional 3,400 square foot mezzanine can be added. The building features eight overhead doors. The location is just off Highway 287, conveniently situated between Fort Collins and Loveland.
Key Highlights
- 17,600 sq ft industrial building in Longview Commercial Center
- Benefit from 17,065 sq ft of fenced outdoor storage
- Convenient location between Fort Collins and Loveland, just off Highway 287
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$189,514
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,790,280
$3.8M
Cap Rate 7%
$2,707,343
$2.7M
Cap Rate 9%
$2,105,711
$2.1M
Market Conditions
NOI Build-Up for 17,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$243.9K $13.86/SF
− Vacancy
−$21.0K −$1.19/SF
EGI
$223.0K $12.67/SF
− OpEx
−$33.4K −$1.90/SF
NOI
$189.5K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,790,280
Cap Rate 7%
$2,707,343
Cap Rate 9%
$2,105,711
Alternative Uses
Best Use
Warehouse
$2.71M
$2.37M – $3.16M
NOI $189,514 @ 7.0% cap · market cap 3.08%
Second Best
Industrial
$2.23M
$1.95M – $2.60M
NOI $156,070 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$4.72M
$4.13M – $5.51M
NOI $330,689 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Under-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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Proposed industrial building with fenced outdoor storage near Highway 287.
Where is this warehouse located?
The property is located at 200 W 69th Loveland, CO.
What is the asking price?
The asking price for this property is $6,160,000.
What are key features of this property?
This property features: 17,600 sq ft industrial building in Longview Commercial Center; Benefit from 17,065 sq ft of fenced outdoor storage; Convenient location between Fort Collins and Loveland, just off Highway 287
