Commercial Land in
For Sale
$719,000
1600 W 1st St, Loveland, CO 80537
3-acre commercial land ideal for office or redevelopment.
Property Size2,257 SF
Lot Size3.00 Acres
Days on Market206
Property Features for 1600 W 1st St
General Information
Standard status
Active
Size
2,257 SF
Lot size
3.00 Acres
Property subtype
Commercial
Building Details
Building Size
2,257 SF
Year Built
1957
Listing Agency:
Yellow Dog Group Real Estate
Listed By:
Stephen Jensen · License #ER.100045225
(970) 405-9900
Source:
Elliman
Added: Mar 26
Changed: Oct 12
Last Checked: Oct 16 at 10:49AM
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 Yellow Dog Group Real Estate
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Investment Insights
Based on property information with market context.
This 3-acre commercial property is zoned for commercial office use. It is located at a major intersection in Loveland, with easy access from the road and existing curb cuts. The property includes a house previously converted into office space. It is suitable for office space with a storage component or redevelopment. The location is advantageous for an office with storage.
Key Highlights
- 3 Acres in town Zoned Commercial Office
- Major intersection location at Taft Ave and 1st St
- Easy road access with existing curb cuts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,995
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,900
$639.9K
Cap Rate 7%
$457,071
$457.1K
Cap Rate 9%
$355,500
$355.5K
Market Conditions
NOI Build-Up for 2,257 SF
Gross rent
$45.8K $20.28/SF
− Vacancy
−$3.1K −$1.38/SF
EGI
$42.7K $18.90/SF
− OpEx
−$10.7K −$4.73/SF
NOI
$32.0K $14.18/SF
Area
Larimer County, CO
Vacancy
6.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,900
Cap Rate 7%
$457,071
Cap Rate 9%
$355,500
Alternative Uses
Best Use
Office B
$457.1K
$399.9K – $533.3K
NOI $31,995 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,407 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Commercial land - 3-acre commercial land ideal for office or redevelopment.
Where is this commercial land located?
The property is located at 1600 W 1st St Loveland, CO.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: 3 Acres in town Zoned Commercial Office; Major intersection location at Taft Ave and 1st St; Easy road access with existing curb cuts
