Affordable Flex Work Storage
For Sale
Contact for pricing
5705 N Garfield Ave, Loveland, CO 80538
Small flex work/storage warehouse units range up to about 1,375 sf for office, workshop, or distribution uses.
Property Size1,250 SF
Price / SF$239.20
Days on Market558
Property Features for 5705 N Garfield Ave
General Information
Standard status
Active
Size
1,250 SF
Property subtype
INDUSTRIAL
Additional Details
Lease Term
24 months
Listing Agency:
CBRE - Fort Collins
(970) 372-3007
Listed By:
Jake Hallauer · License #FA100028819
(970) 305-8113
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Oct 26
Last Checked: Oct 26 at 7:28PM
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.
Small, affordable flex work/storage warehouse units offer space that can serve as an office, workshop, distribution warehouse, or storage area. Available unit sizes are approximately 1,250± sf up to 1,375± sf. The units are described as constructed with top quality materials and the latest building codes.
For buyers, the seller remarks indicate options including 3.99% interest-only financing for 36 months (with only two seller financing loans remaining), or an offer of $15,000 toward unit upgrades that ends July 31, 2026. The remarks also reference a lease structure where tenants who lease by July 31, 2026 receive two months free rent on a two-year minimum term.
These are flex-oriented warehouse units intended to combine light work space and storage in one small-footprint property.
For buyers, the seller remarks indicate options including 3.99% interest-only financing for 36 months (with only two seller financing loans remaining), or an offer of $15,000 toward unit upgrades that ends July 31, 2026. The remarks also reference a lease structure where tenants who lease by July 31, 2026 receive two months free rent on a two-year minimum term.
These are flex-oriented warehouse units intended to combine light work space and storage in one small-footprint property.
Key Highlights
- Flex work/storage warehouse units sized about 1,250 to 1,375 SF, suited for office, workshop, distribution, or storage use
- Small affordable flex work/storage warehouse units with unit size flexibility up to about 1,375 SF
- Seller financing: 3.99% interest‑only for 36 months (only 2 seller financing loans remain available; call for details)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,460
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,200
$269.2K
Cap Rate 7%
$192,286
$192.3K
Cap Rate 9%
$149,556
$149.6K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$17.3K $13.86/SF
− Vacancy
−$1.5K −$1.19/SF
EGI
$15.8K $12.67/SF
− OpEx
−$2.4K −$1.90/SF
NOI
$13.5K $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 Rate 5%
$269,200
Cap Rate 7%
$192,286
Cap Rate 9%
$149,556
Alternative Uses
Best Use
Warehouse
$192.3K
$168.3K – $224.3K
NOI $13,460 @ 7.0% cap · market cap 4.50%
Second Best
Industrial
$158.4K
$138.6K – $184.8K
NOI $11,085 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$335.5K
$293.6K – $391.4K
NOI $23,486 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
253
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Small flex work/storage warehouse units range up to about 1,375 sf for office, workshop, or distribution uses.
Where is this flex space located?
The property is located at 5705 N Garfield Ave Loveland, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Flex work/storage warehouse units sized about 1,250 to 1,375 SF, suited for office, workshop, distribution, or storage use; Small affordable flex work/storage warehouse units with unit size flexibility up to about 1,375 SF; Seller financing: 3.99% interest‑only for 36 months (only 2 seller financing loans remain available; call for details)
