Loveland Commercial Space For
1656 Topaz, Loveland, CO 80537
For Sale
$690,000
Two-story commercial space suitable for fitness, office, or service users.
Property Size2,804 SF
Lot Size0.15 Acres
Price / SF$246.08
Days on Market251
Property Features for 1656 Topaz
General Information
Standard status
Size
Lot size
Property subtype
Amenities
Central air
Central Air Cooling
Flat Roof
Forced Air Heating
Building Details
Year Built
Listing Agency:
Waypoint Real Estate
(970) 632-5050
Listed By:
ERIK CAFFEE · License CO #100085147
(970) 218-4284
Source:
Corcoran
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:14AM
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 Waypoint Real Estate
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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 is a 2,804 square foot two-story commercial space featuring a flexible layout suitable for fitness, wellness, office, or service-oriented businesses. The turnkey buildout includes a large open area, a private office, storage space, a kitchenette, two restrooms, and a shower. Lighted building signage is available, providing strong business visibility. The property is located in the central Loveland commercial corridor near Boise Avenue, with approximately 41,888 vehicles per day traffic count.
Key Highlights
- Flexible 2,804 SF commercial space suitable for various businesses.
- Turnkey buildout includes open area, private office, storage, kitchenette, two restrooms, and shower.
- High‑visibility location in central Loveland commercial corridor near Boise Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,749
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,980
$795.0K
Cap Rate 7%
$567,843
$567.8K
Cap Rate 9%
$441,656
$441.7K
Market Conditions
NOI Build-Up for 2,804 SF
Gross rent
$56.9K $20.28/SF
− Vacancy
−$3.9K −$1.38/SF
EGI
$53.0K $18.90/SF
− OpEx
−$13.2K −$4.73/SF
NOI
$39.7K $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%
$794,980
Cap Rate 7%
$567,843
Cap Rate 9%
$441,656
Alternative Uses
Best Use
Office B
$567.8K
$496.9K – $662.5K
NOI $39,749 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$752.6K
$658.6K – $878.1K
NOI $52,685 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,322
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
$460,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Loveland, CO
Properties on Market for Office Units in Loveland
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two-story commercial space suitable for fitness, office, or service users.
Where is this office unit located?
The property is located at 1656 Topaz Loveland, CO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Flexible 2,804 SF commercial space suitable for various businesses.; Turnkey buildout includes open area, private office, storage, kitchenette, two restrooms, and shower.; High‑visibility location in central Loveland commercial corridor near Boise Ave.
