Office
For Sale
Contact for pricing
123 S Cleveland, Loveland, CO 80537
Office property near Loveland restaurants, galleries, parks, and boutique retail.
Property Size3,312 SF
Price / SF$198.97
Days on Market386
Property Features for 123 S Cleveland
General Information
Standard status
Active
Size
3,312 SF
Property subtype
OFFICE
Listing Agency:
CBRE - Fort Collins
(970) 372-3007
Listed By:
Peter Kast · License #EA.000227001
(970) 222-8814
Source:
Moodyscre
Added: Oct 3, 2025
Changed: Oct 6
Last Checked: Oct 23 at 10:09AM
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 CBRE - Fort Collins
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Investment Insights
Based on property information with market context.
This 3,312-square-foot office building is located at 123 S Cleveland in Loveland, Colorado. The surrounding setting includes restaurants, a movie theater, a public plaza, galleries, museums, coffee shops, breweries, and boutique retail.
Cultural and recreational destinations in the area include Benson Sculpture Garden and Boyd Lake State Park, which offers boating, hiking, and other outdoor activities. The property is also positioned within Loveland’s arts and culinary scene, with multiple community-oriented attractions nearby.
Cultural and recreational destinations in the area include Benson Sculpture Garden and Boyd Lake State Park, which offers boating, hiking, and other outdoor activities. The property is also positioned within Loveland’s arts and culinary scene, with multiple community-oriented attractions nearby.
Key Highlights
- 3,312‑square‑foot office building
- Located at 123 S Cleveland, Loveland, CO 80537
- Nearby restaurants, movie theater, and public plaza at The Foundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,950
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,000
$939.0K
Cap Rate 7%
$670,714
$670.7K
Cap Rate 9%
$521,667
$521.7K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$67.2K $20.28/SF
− Vacancy
−$4.6K −$1.38/SF
EGI
$62.6K $18.90/SF
− OpEx
−$15.6K −$4.73/SF
NOI
$46.9K $14.18/SF
Area
Larimer County, CO
Vacancy
6.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,000
Cap Rate 7%
$670,714
Cap Rate 9%
$521,667
Alternative Uses
Best Use
Office B
$670.7K
$586.9K – $782.5K
NOI $46,950 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$889.0K
$777.9K – $1.04M
NOI $62,230 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,615
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office building - Office property near Loveland restaurants, galleries, parks, and boutique retail.
Where is this office building located?
The property is located at 123 S Cleveland Loveland, CO.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 3,312‑square‑foot office building; Located at 123 S Cleveland, Loveland, CO 80537; Nearby restaurants, movie theater, and public plaza at The Foundry
