Medical Office Condo
1808-1810 Boise Ave Loveland, CO 80538
1808-1810 Boise Ave, Loveland, CO, 80538
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For Sale
Contact for pricing
Medical office condo totals 4,815± SF and is 100% leased to the American Red Cross.
Property Size4,815 SF
Price / SF$186.71
Days on Market277
Property Features for 1808-1810 Boise Ave
General Information
- Standard status
- Active
- Size
- 4,815 SF
- Property subtype
- OFFICE
Listing Agency
BellStreet
(702) 406-4936
Listed by
Will Harrison
Source
Moodyscre
Added: Oct 15, 2025 Checked: Jul 18 at 2:19 am
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Investment Insights
Based on property information with market context.
Offered for sale, this 4,815± SF medical office condo presents a single-tenant, owner-user opportunity. The space is 100% leased to the American Red Cross, with less than three years remaining on the current term.
The property is located at 1808-1810 Boise Ave in Loveland, within the city’s established medical corridor. It is positioned near McKee Medical Center and surrounded by complementary healthcare practices. The offering notes flexible medical zoning, along with visibility advantages tied to the surrounding mix of medical uses.
The property is located at 1808-1810 Boise Ave in Loveland, within the city’s established medical corridor. It is positioned near McKee Medical Center and surrounded by complementary healthcare practices. The offering notes flexible medical zoning, along with visibility advantages tied to the surrounding mix of medical uses.
Key Highlights
- 4,815± SF medical office condo offered at $899,000
- 100% leased to the American Red Cross
- Under 3 years remaining on the current lease term
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.2k | $25.17 |
| − Vacancy | −$5.5k | −$1.13 |
| EGI | $115.7k | $24.04 |
| − OpEx | −$46.3k | −$9.61 |
| NOI | $69.4k | $14.42 |
4,815 SF · lease $25.17/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$992.1K
$868.1K – $1.16M
NOI $69,444 @ 7.0% cap · market cap 7.72%
Second Best
Office B
$975.1K
$853.2K – $1.14M
NOI $68,256 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,470 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Medical office condo totals 4,815± SF and is 100% leased to the American Red Cross.
Where is this medical office space located?
The property is located at 1808-1810 Boise Ave Loveland, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 4,815± SF medical office condo offered at $899,000; 100% leased to the American Red Cross; Under 3 years remaining on the current lease term
