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Sprinklered Industrial Flex Building
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151-177 S Madison Ave, Loveland, CO 80537

Open-concept industrial flex space with a large overhead door, sprinkler system, floor drain, and air-conditioned office area.

Property Size4,459 SF
Price / SF$145.77
Days on Market233

Property Features for 151-177 S Madison Ave

General Information

Standard status Active
Size 4,459 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Heavy Power Yes
Sprinkler System Yes
Listing Agency: Realtec Loveland
Listed By: Bruce Campbell · License #100041380
Source: Moodyscre
Added: Mar 9 Changed: Oct 25 Last Checked: Oct 26 at 7:10PM

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 Realtec Loveland

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial/flex building offers an open-concept shop/warehouse layout with a sprinklered interior. The property includes a large overhead door measuring 16’ wide by 12’ high, along with a floor drain and 240V three-phase power. Office space is provided with an open office area, a breakroom, and two bathrooms. The building is also air conditioned.

Located in central Loveland, the property is positioned for convenient local access. Seller leaseback may be possible on approximately 1,000+/- SF.

The combination of warehouse functionality, utility-ready service features, and enclosed office/bathroom space makes this property well-suited for users seeking a flexible industrial setup.

Key Highlights

  • Open‑concept industrial/flex layout with a large shop/warehouse plus open office, two bathrooms, and breakroom
  • 16'W x 12'H overhead door for flexible loading access
  • Sprinklered space with a floor drain in the warehouse/shop area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,014
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,280 $960.3K
Cap Rate 7%
$685,914 $685.9K
Cap Rate 9%
$533,489 $533.5K
Market Conditions
NOI Build-Up for 4,459 SF
Gross rent
$61.8K $13.86/SF
− Vacancy
−$5.3K −$1.19/SF
EGI
$56.5K $12.67/SF
− OpEx
−$8.5K −$1.90/SF
NOI
$48.0K $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%
$960,280
Cap Rate 7%
$685,914
Cap Rate 9%
$533,489

Alternative Uses

Best Use
Warehouse
$685.9K
$600.2K – $800.2K (±1% cap)
NOI $48,014 @ 7.0% cap · market cap 7.39%
Second Best
Industrial
$564.9K
$494.3K – $659.0K (±1% cap)
NOI $39,541 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,781 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Dental Office Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby
Under-served
Demand for This Use

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Gus' Commissary Kitchen — 167 S Madison Ave, Loveland, CO 80537
  • Foothills Catering — 167 S Madison Ave, Loveland, CO 80537
  • Wildflower Catering Company — 2415 Selenium Court, 167 S Madison Ave, Loveland, CO 80537

Frequently Asked Questions

What type of property is this?
Flex space - Open-concept industrial flex space with a large overhead door, sprinkler system, floor drain, and air-conditioned office area.
Where is this flex space located?
The property is located at 151-177 S Madison Ave Loveland, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Open‑concept industrial/flex layout with a large shop/warehouse plus open office, two bathrooms, and breakroom; 16'W x 12'H overhead door for flexible loading access; Sprinklered space with a floor drain in the warehouse/shop area
(970) 231-6824 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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