Flex Space With Clear-Span
New
For Sale
$1,895,000
127 Barberry Pl, Loveland, CO 80537
Configured for industrial operations with offices, a client-facing entry, powered overhead doors, and a secured outdoor storage yard.
Property Size6,816 SF
Lot Size0.83 Acres
Price / SF$278.02
Days on Market2
Property Features for 127 Barberry Pl
General Information
Standard status
Active
Size
6,816 SF
Lot size
0.83 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Span
Yes
Mezzanine
1,152 SF
Three-Phase Power
Yes
Additional Details
Asking Price
$1,895,000
Amenities
professional reception and client lobby
conference or break room
shop restroom with shower
Building Details
Building Size
6,816 SF
Year Built
2003
Buildings
1
Listing Agency:
RE/MAX Commercial Alliance
(970) 215-7016
Listed By:
Michelle Hickey Crawford · License #1414
(970) 215-7016
Source:
Elliman
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 10:18AM
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 Commercial Alliance
Investment Insights
Based on property information with market context.
This 6,816-square-foot flex property includes 5,664 square feet on the main level and a 1,152-square-foot mezzanine. The front of the building provides a reception area, client lobby, and two private offices, with the option to use one office as a conference or break room. The unfinished mezzanine includes a sink and offers additional storage area. A clear-span shop features seven powered overhead doors, radiant heat, new LED lighting, three-phase electrical service, a dedicated compressor room, and a continuous floor drain. The shop restroom includes a shower and new sink.
Built in 2003 on 0.83 acres, the property also includes a fenced outdoor storage yard and a recently striped parking lot. Natural light reaches the interior, while access is available to Hwy 402 and I-25 in Loveland. FF&E and lifts are available separately.
Built in 2003 on 0.83 acres, the property also includes a fenced outdoor storage yard and a recently striped parking lot. Natural light reaches the interior, while access is available to Hwy 402 and I-25 in Loveland. FF&E and lifts are available separately.
Key Highlights
- 6,816 SF building with 5,664 SF main level and 1,152 SF mezzanine on 0.83 acres
- Seven powered overhead doors: two 14' x 10' and five 12' x 10'
- Clear‑span shop with radiant heating, new LED lighting, and three‑phase electrical service
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
$73,394
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
3.87%
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%
$1,467,880
$1.5M
Cap Rate 7%
$1,048,486
$1.0M
Cap Rate 9%
$815,489
$815.5K
Market Conditions
NOI Build-Up for 6,816 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
$94.5K $13.86/SF
− Vacancy
−$8.1K −$1.19/SF
EGI
$86.3K $12.67/SF
− OpEx
−$13.0K −$1.90/SF
NOI
$73.4K $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%
$1,467,880
Cap Rate 7%
$1,048,486
Cap Rate 9%
$815,489
Alternative Uses
Best Use
Warehouse
$1.05M
$917.4K – $1.22M
NOI $73,394 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$863.5K
$755.5K – $1.01M
NOI $60,442 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $128,067 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Under-served
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 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?
Flex space - Configured for industrial operations with offices, a client-facing entry, powered overhead doors, and a secured outdoor storage yard.
Where is this flex space located?
The property is located at 127 Barberry Pl Loveland, CO.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 6,816 SF building with 5,664 SF main level and 1,152 SF mezzanine on 0.83 acres; Seven powered overhead doors: two 14' x 10' and five 12' x 10'; Clear‑span shop with radiant heating, new LED lighting, and three‑phase electrical service
