Industrial-Flex Warehouse
For Sale
$325,000
126-200 12th St Sw, Loveland, CO 80537
Heated warehouse with sealed concrete floors, 14-foot overhead door, and a finished reception/upper office suite.
Property Size1,700 SF
Price / SF$191.18
Days on Market66
Property Features for 126-200 12th St Sw
General Information
Standard status
Active
Size
1,700 SF
Total Parking Spaces
3
Taxes and HOA fees
Annual Taxes
$6,187
Amenities
private restroom
Listing Agency:
RE/MAX Alliance-FTC South
(970) 226-3990
Listed By:
Rhonda Heth · License #FA100006840
(970) 566-3516
Source:
Exprealty
Added: Jul 9
Changed: Sep 5
Last Checked: Sep 11 at 12:10PM
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 RE/MAX Alliance-FTC South
Investment Insights
Based on property information with market context.
This for-sale industrial-flex unit includes heated warehouse space with sealed concrete flooring, along with 110V and 220V electrical service. A 14-foot overhead door supports warehouse operations, and the unit also has a private restroom.
In addition to the warehouse area, the layout includes an approximately 600-square-foot finished reception area and an upper-level office, combining work space and office functionality in one unit. The property further includes three unassigned common-area parking spaces.
The space is designed for a range of light industrial and service uses where warehouse access and on-site office space are both important.
In addition to the warehouse area, the layout includes an approximately 600-square-foot finished reception area and an upper-level office, combining work space and office functionality in one unit. The property further includes three unassigned common-area parking spaces.
The space is designed for a range of light industrial and service uses where warehouse access and on-site office space are both important.
Key Highlights
- Over 1,100 SF of heated warehouse space with sealed concrete floor
- 14‑foot overhead door plus 110V and 220V electrical service
- Includes a private restroom
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
$24,099
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
7.42%
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%
$481,980
$482.0K
Cap Rate 7%
$344,271
$344.3K
Cap Rate 9%
$267,767
$267.8K
Market Conditions
NOI Build-Up for 1,700 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
$34.5K $20.28/SF
− Vacancy
−$2.3K −$1.38/SF
EGI
$32.1K $18.90/SF
− OpEx
−$8.0K −$4.73/SF
NOI
$24.1K $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 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%
$481,980
Cap Rate 7%
$344,271
Cap Rate 9%
$267,767
Alternative Uses
Best Use
Office B
$344.3K
$301.2K – $401.7K
NOI $24,099 @ 7.0% cap · market cap 7.42%
Second Best
Warehouse
$261.5K
$228.8K – $305.1K
NOI $18,305 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$456.3K
$399.3K – $532.4K
NOI $31,942 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,789
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Taste Catering — 526 Grant Ave, Loveland, CO 80537
- Catering Co at the Palladium — 126 W 6th St, Loveland, CO 80537
- Loncheras Mexicanas En Loveland — Loveland, CO 80537
- Lulu's Taters — 1105 Grant Ave, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Flex space - Heated warehouse with sealed concrete floors, 14-foot overhead door, and a finished reception/upper office suite.
Where is this flex space located?
The property is located at 126-200 12th St Sw Loveland, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Over 1,100 SF of heated warehouse space with sealed concrete floor; 14‑foot overhead door plus 110V and 220V electrical service; Includes a private restroom
