Highway Frontage Commercial
For Sale
$980,000
1325 S Saint Louis Ave, Loveland, CO 80537
4,656 SF building on 1.22 acres with highway frontage.
Property Size4,656 SF
Lot Size1.22 Acres
Price / SF$210.48
Days on Market106
Property Features for 1325 S Saint Louis Ave
General Information
Standard status
Active
Size
4,656 SF
Lot size
1.22 Acres
Property subtype
Industrial
Building Details
Year Built
1977
Listing Agency:
RE/MAX Comm. Alliance-FTC Dwtn
(970) 215-7016
Listed By:
Michelle Hickey Crawford · License #1414
(970) 215-7016
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 7 at 5:21AM
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 Comm. Alliance-FTC Dwtn
Investment Insights
Based on property information with market context.
This 4,656 square foot commercial building, constructed in 1977, is situated on a 1.22-acre lot with over 185 feet of frontage along Colorado Highway 402. The property is zoned Commercial Corridor and has historically been used for automotive repair and sales. It is currently divided into four units, each with a restroom, and can be easily modified to create a contiguous space. Site improvements include a secured fenced yard, covered yard storage, fresh grading, and new crushed asphalt. The location benefits from a combined traffic count of 25,350 vehicles per day. The property has full access from both Colorado Highway 402 and South Saint Louis Avenue, with convenient access to I-25 approximately 3.7 miles east via Highway 402. It is served by well and septic, and includes an oil/water separator and two automotive lifts. The property is located within the Colorado Enterprise Zone, potentially providing tax incentives. The bike score is 73, indicating it is very bikeable, while the walk score is 0, indicating it is somewhat walkable.
Key Highlights
- High‑exposure location with over 185ft of frontage on CO Hwy 402 and a high traffic count of 25,350 vehicles per day.
- Commercial Corridor zoning suitable for various business uses, with historical use as automotive repair and sales.
- 4,656 SF building on 1.22 acres, currently divided into 4 units that can be easily modified into a contiguous space.
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
$41,288
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
4.21%
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%
$825,760
$825.8K
Cap Rate 7%
$589,829
$589.8K
Cap Rate 9%
$458,756
$458.8K
Market Conditions
NOI Build-Up for 4,656 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
$64.5K $13.86/SF
− Vacancy
−$5.5K −$1.19/SF
EGI
$59.0K $12.67/SF
− OpEx
−$17.7K −$3.80/SF
NOI
$41.3K $8.87/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
30.00%
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%
$825,760
Cap Rate 7%
$589,829
Cap Rate 9%
$458,756
Alternative Uses
Best Use
Industrial
$589.8K
$516.1K – $688.1K
NOI $41,288 @ 7.0% cap · market cap 4.21%
Second Best
Retail
$582.0K
$509.2K – $679.0K
NOI $40,737 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,482 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Well-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 Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Acme Group, LLC — 1507 S Lincoln Ave, Loveland, CO 80537
- Gerber Collision & Glass — 1425 S Lincoln Ave, Loveland, CO 80537
- 4 Brothers LLC — 1507 S Lincoln Ave, Loveland, CO 80537
- Kd Repair — 1739 S Co Rd 13C, Loveland, CO 80537
- Elevated Auto & Diesel repair — 1815 S Co Rd 13C, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Auto shop - 4,656 SF building on 1.22 acres with highway frontage.
Where is this auto shop located?
The property is located at 1325 S Saint Louis Ave Loveland, CO.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: High‑exposure location with over 185ft of frontage on CO Hwy 402 and a high traffic count of 25,350 vehicles per day.; Commercial Corridor zoning suitable for various business uses, with historical use as automotive repair and sales.; 4,656 SF building on 1.22 acres, currently divided into 4 units that can be easily modified into a contiguous space.
