Standalone Retail Flex
For Sale
Contact for pricing
137 S Lincoln Ave, Loveland, CO 80537
Downtown flex and showroom layout with an overhead door and secure rear vehicle storage off Lincoln Ave.
Property Size2,640 SF
Price / SF$189.39
Days on Market86
Property Features for 137 S Lincoln Ave
General Information
Standard status
Active
Size
2,640 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
10
Listing Agency:
LC Real Estate Group
(970) 413-1182
Listed By:
Rico Devlin · License #40037632
(970) 413-1182
Source:
Moodyscre
Added: Jun 1
Changed: Aug 17
Last Checked: Aug 14 at 6:09AM
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 LC Real Estate Group
Investment Insights
Based on property information with market context.
This small standalone retail or flex building features a retail showroom with flex work space and an open floor plan. Service offices are built out within the interior and can be removed to create a more open configuration for retail display, service, or work space. The property includes a 10’ overhead door and a fenced, secure rear vehicle parking or material storage area with a recycled asphalt base, supporting mixed-use setups that need controlled storage.
The building is on S Lincoln Ave with direct visibility from Lincoln Ave (Highway 287), just south of 1st Street, near the Foundry retail, hotel, and movie theater development. The downtown Loveland setting offers convenient access to restaurants and other retail amenities.
For buyers or operators, the combination of showroom space, flexible interior layout, and rear access makes this property workable for boutique retail, service office concepts, small automotive uses, or flex/production and other service-oriented operations. The property is being sold as-is, where-is, offering a straightforward basis for an end user or tenant-ready repositioning.
The building is on S Lincoln Ave with direct visibility from Lincoln Ave (Highway 287), just south of 1st Street, near the Foundry retail, hotel, and movie theater development. The downtown Loveland setting offers convenient access to restaurants and other retail amenities.
For buyers or operators, the combination of showroom space, flexible interior layout, and rear access makes this property workable for boutique retail, service office concepts, small automotive uses, or flex/production and other service-oriented operations. The property is being sold as-is, where-is, offering a straightforward basis for an end user or tenant-ready repositioning.
Key Highlights
- Small standalone retail or flex building in downtown Loveland
- Retail showroom with flex work space and an open floor plan with service offices
- 10’ overhead door plus fenced/secure rear vehicle parking or material storage area
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
$23,411
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
4.68%
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%
$468,220
$468.2K
Cap Rate 7%
$334,443
$334.4K
Cap Rate 9%
$260,122
$260.1K
Market Conditions
NOI Build-Up for 2,640 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
$36.6K $13.86/SF
− Vacancy
−$3.1K −$1.19/SF
EGI
$33.4K $12.67/SF
− OpEx
−$10.0K −$3.80/SF
NOI
$23.4K $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%
$468,220
Cap Rate 7%
$334,443
Cap Rate 9%
$260,122
Alternative Uses
Best Use
Industrial
$334.4K
$292.6K – $390.2K
NOI $23,411 @ 7.0% cap · market cap 4.68%
Second Best
Retail
$330.0K
$288.7K – $385.0K
NOI $23,099 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$708.6K
$620.0K – $826.7K
NOI $49,603 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,635
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Downtown flex and showroom layout with an overhead door and secure rear vehicle storage off Lincoln Ave.
Where is this flex space located?
The property is located at 137 S Lincoln Ave Loveland, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Small standalone retail or flex building in downtown Loveland; Retail showroom with flex work space and an open floor plan with service offices; 10’ overhead door plus fenced/secure rear vehicle parking or material storage area
