Clear-Span Flex
204 12th St SE, Loveland, CO 80537
For Sale
New
$1,400,000
Commercial Sale, Loveland, CO
Property Size7,300 SF
Lot Size0.58 Acres
Price / SF$191.78
Days on Market2
Property Features for 204 12th St SE
General Information
Property type
Property subtype
Zoning
Fencing
Accessibility
Subdivision
Lot features
View
Elementary school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
LC Real Estate Group, LLC
(970) 667-7000
Listed By:
Christopher D Johnston · License CO FA.100065188
(970) 420-5652
Added: Nov 11
Last Checked: Nov 12 at 11:06AM
MLS# 1072005
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 204 12th St SE in Loveland, this 7,300-square-foot metal-frame flex building sits on a 0.58-acre lot zoned Developing Industrial (I). The clear-span interior has ceiling heights from 13 to 15 feet and 1,200 amps of three-phase power across two 600-amp services. Five grade-level overhead doors—four measuring 12 by 14 feet and one measuring 16 by 14 feet—serve the warehouse. The building also has a sprinkler system, LED lighting, plumbed compressed-air distribution, and four suspended natural-gas heating units. Interior support areas include two private offices, a breakroom with kitchenette, bathrooms, mezzanine storage, and space for a lobby or showroom. Plumbing and electrical placement supports division into multiple units.
A paved, fenced yard provides outdoor storage space. The property is near US-287 and Highway 402. Other site features include public water and sewer, a metal roof, and window-unit cooling.
A paved, fenced yard provides outdoor storage space. The property is near US-287 and Highway 402. Other site features include public water and sewer, a metal roof, and window-unit cooling.
Key Highlights
- 7,300‑square‑foot clear‑span metal building on a 0.58‑acre (25,265 SF) lot
- 1,200 amps of 3‑phase power across two 600‑amp services
- Five overhead doors: four 12'x14' and one 16'x14', with grade‑level loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,605
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,572,100
$1.6M
Cap Rate 7%
$1,122,929
$1.1M
Cap Rate 9%
$873,389
$873.4K
Market Conditions
NOI Build-Up for 7,300 SF
Gross rent
$101.2K $13.86/SF
− Vacancy
−$8.7K −$1.19/SF
EGI
$92.5K $12.67/SF
− OpEx
−$13.9K −$1.90/SF
NOI
$78.6K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,572,100
Cap Rate 7%
$1,122,929
Cap Rate 9%
$873,389
Alternative Uses
Best Use
Warehouse
$1.12M
$982.6K – $1.31M
NOI $78,605 @ 7.0% cap · market cap 5.61%
Second Best
Industrial
$924.8K
$809.2K – $1.08M
NOI $64,734 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,161 @ 7.0% cap · market cap 9.80%
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
Lease Details
15 ft
Clear height
5
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Balanced
Demand for This Use
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
$460,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Loveland, CO
Properties on Market for Flex space in Loveland
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The facility combines industrial power and loading capacity with offices, a kitchenette, and a secured paved yard.
Where is this flex space located?
The property is located at 204 12th St SE Loveland, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 7,300‑square‑foot clear‑span metal building on a 0.58‑acre (25,265 SF) lot; 1,200 amps of 3‑phase power across two 600‑amp services; Five overhead doors: four 12'x14' and one 16'x14', with grade‑level loading
