Manufacturing Facility with Overhead
For Sale
$7,250,000
170 2nd St, Loveland, CO 80537
Sprinklered metal-frame construction combines substantial power capacity with extensive loading infrastructure.
Property Size70,770 SF
Lot Size13.61 Acres
Price / SF$102.44
Days on Market132
Property Features for 170 2nd St
General Information
Standard status
Active
Size
70,770 SF
Lot size
13.61 Acres
Property subtype
Business Opportunities
Warehouse & Industrial
Clear Height
32 ft
Drive-In Doors
28
Power
2,400 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Amenities
3
Commercial
593258
Loading Dock. Curbs Walk, Dirt Road, Asphalt, Private Roads, City Road.
Building Details
Year Built
1975
Building Size
70,770 SF
Construction
metal frame
Listing Agency:
(970) 692-1310
Listed By:
Level Real Estate
(970) 692-1310
Source:
Xome
Added: Mar 31
Changed: Aug 8
Last Checked: Aug 9 at 4:43AM
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 Level Real Estate
Investment Insights
Based on property information with market context.
Located at 170 2nd St, this 70,770-square-foot manufacturing facility occupies 13.61 acres and was built in 1975. The metal-frame building is fully sprinklered, with ceiling heights from 14 to 32 feet. Two 10-ton overhead cranes and 28 drive-in doors support material handling, loading, and internal circulation for industrial operations.
Power service includes 2,400 amps of 277/480-volt, 3-phase capacity, supported by four city-maintained transformers. The property provides access to US Highway 287, Highway 402, and Interstate 25, connecting the facility with major Front Range transportation routes. Site improvements include asphalt and private roads, city road access, curbs, and a loading dock.
Power service includes 2,400 amps of 277/480-volt, 3-phase capacity, supported by four city-maintained transformers. The property provides access to US Highway 287, Highway 402, and Interstate 25, connecting the facility with major Front Range transportation routes. Site improvements include asphalt and private roads, city road access, curbs, and a loading dock.
Key Highlights
- 70,770 SF manufacturing facility on 13.61 acres
- Two 10‑ton overhead cranes
- 28 drive‑in doors for loading and circulation
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
$627,562
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
8.66%
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%
$12,551,240
$12.6M
Cap Rate 7%
$8,965,171
$9.0M
Cap Rate 9%
$6,972,911
$7.0M
Market Conditions
NOI Build-Up for 70,770 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
$980.9K $13.86/SF
− Vacancy
−$84.4K −$1.19/SF
EGI
$896.5K $12.67/SF
− OpEx
−$269.0K −$3.80/SF
NOI
$627.6K $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%
$12,551,240
Cap Rate 7%
$8,965,171
Cap Rate 9%
$6,972,911
Alternative Uses
Best Use
Warehouse
$10.89M
$9.53M – $12.70M
NOI $762,040 @ 7.0% cap · market cap 10.51%
Second Best
Industrial
$8.97M
$7.84M – $10.46M
NOI $627,562 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$19.00M
$16.62M – $22.16M
NOI $1,329,706 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
32 ft
Clear height
28
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,101
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Sprinklered metal-frame construction combines substantial power capacity with extensive loading infrastructure.
Where is this manufacturing property located?
The property is located at 170 2nd St Loveland, CO.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 70,770 SF manufacturing facility on 13.61 acres; Two 10‑ton overhead cranes; 28 drive‑in doors for loading and circulation
