Medical Office
For Sale
Contact for pricing
1907 N Boise Ave, Loveland, CO 80538
Medical office condo listed for sale at 1907 N Boise Ave in Loveland, CO.
Property Size1,023 SF
Price / SF$317.69
Days on Market107
Property Features for 1907 N Boise Ave
General Information
Standard status
Active
Size
1,023 SF
Property subtype
OFFICE
Listing Agency:
WayPoint Real Estate
(970) 294-5331
Listed By:
Jake Arnold · License #FA100046816
(970) 294-5331
Source:
Moodyscre
Added: Apr 28
Changed: Jul 31
Last Checked: Jul 31 at 6:34AM
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
Investment Insights
Based on property information with market context.
This medical office condo offers a compact commercial space of 1,023 square feet, well suited for professional services that need an office-focused layout. The property is presented as a for-sale offering.
Located at 1907 N Boise Ave in Loveland, Colorado, the condo is positioned for tenants seeking a dedicated medical office environment rather than a traditional standalone building.
Ideal for an owner-occupant or a tenant looking for a smaller footprint, the unit’s size supports a focused, client-facing operation within the commercial setting at this address.
Located at 1907 N Boise Ave in Loveland, Colorado, the condo is positioned for tenants seeking a dedicated medical office environment rather than a traditional standalone building.
Ideal for an owner-occupant or a tenant looking for a smaller footprint, the unit’s size supports a focused, client-facing operation within the commercial setting at this address.
Key Highlights
- Medical office condo for sale
- 1,023 square feet
- Address: 1907 N Boise Ave, Loveland, CO 80538
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
$14,754
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
4.54%
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%
$295,080
$295.1K
Cap Rate 7%
$210,771
$210.8K
Cap Rate 9%
$163,933
$163.9K
Market Conditions
NOI Build-Up for 1,023 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
$25.7K $25.17/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$24.6K $24.04/SF
− OpEx
−$9.8K −$9.61/SF
NOI
$14.8K $14.42/SF
Area
Larimer County, CO
Vacancy
4.50%
Lease Rate
$25.17 /SF/Yr
Expense Ratio
40.00%
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%
$295,080
Cap Rate 7%
$210,771
Cap Rate 9%
$163,933
Alternative Uses
Best Use
Healthcare Medical
$210.8K
$184.4K – $245.9K
NOI $14,754 @ 7.0% cap · market cap 4.54%
Second Best
Office B
$207.2K
$181.3K – $241.7K
NOI $14,502 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$274.6K
$240.3K – $320.4K
NOI $19,221 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Wellness Integration Tech — 1907 N Boise Ave # 1, Loveland, CO 80538, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo listed for sale at 1907 N Boise Ave in Loveland, CO.
Where is this medical office space located?
The property is located at 1907 N Boise Ave Loveland, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Medical office condo for sale; 1,023 square feet; Address: 1907 N Boise Ave, Loveland, CO 80538
