Versatile Commercial Building in
For Sale
$1,150,000
1542 Taurus Ct, Loveland, CO 80537
Two-story building in Koldeway Industrial Park with flexible layout.
Property Size4,778 SF
Days on Market125
Property Features for 1542 Taurus Ct
General Information
Standard status
Active
Size
4,778 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$18,191
Building Details
Building Size
4,778 SF
Year Built
2008
Listing Agency:
CBRE - Fort Collins
(970) 217-6060
Listed By:
Matt Shoup · License #FA100012904
(970) 217-6060
Source:
Elliman
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 25 at 9:11AM
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
Investment Insights
Based on property information with market context.
This two-story building is located in Loveland's Koldeway Industrial Park, one block west of N. Boise Ave. and a quarter mile from E. Eisenhower Blvd. The property features a flexible layout designed to accommodate a range of building operations. The building includes 5 private offices, a lobby, a spacious open area, a mezzanine-level conference room, kitchen facilities, a breakroom, two restrooms, a garage, and an ample storage area. The location offers accessibility and visibility in a commercial corridor. The bike score is 69, indicating it is bikeable, and the walk score is 49, indicating car dependence.
Key Highlights
- Prime location in Loveland's Koldeway Industrial Park, offering unmatched accessibility and visibility.
- Flexible layout designed to accommodate a wide range of building operations.
- Features 5 private offices, a welcoming lobby, and a spacious open 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
$42,370
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
3.68%
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%
$847,400
$847.4K
Cap Rate 7%
$605,286
$605.3K
Cap Rate 9%
$470,778
$470.8K
Market Conditions
NOI Build-Up for 4,778 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
$66.2K $13.86/SF
− Vacancy
−$5.7K −$1.19/SF
EGI
$60.5K $12.67/SF
− OpEx
−$18.2K −$3.80/SF
NOI
$42.4K $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%
$847,400
Cap Rate 7%
$605,286
Cap Rate 9%
$470,778
Alternative Uses
Best Use
Industrial
$605.3K
$529.6K – $706.2K
NOI $42,370 @ 7.0% cap · market cap 3.68%
Second Best
Flex RnD
$562.0K
$491.8K – $655.7K
NOI $39,343 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,774 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
951
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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Similar Off Market Nearby
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- Wildflower Catering Company — 2415 Selenium Court, 167 S Madison Ave, Loveland, CO 80537
- Hippie's Kitchen — 1339 Nickel Dr B, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Flex space - Two-story building in Koldeway Industrial Park with flexible layout.
Where is this flex space located?
The property is located at 1542 Taurus Ct Loveland, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime location in Loveland's Koldeway Industrial Park, offering unmatched accessibility and visibility.; Flexible layout designed to accommodate a wide range of building operations.; Features **5 private offices, a welcoming lobby, and a spacious open area.**
