Industrial Flex Condo
For Sale
Contact for pricing
Pending
2105 East 11th Street, Loveland, CO 80537
Single-tenant industrial flex condo with built-out office and overhead loading in a one-story metal building.
Property Size1,882 SF
Lot Size0.13 Acres
Days on Market128
Property Features for 2105 East 11th Street
General Information
Standard status
Pending
Size
1,882 SF
Class
B
Lot size
0.13 Acres
Property subtype
Industrial
Zoning
I - Industrial
Investment Type
Owner/User
Additional Details
Fenced Yard
Yes
Drive-In Doors
1
Amenities
Professional office build-out
Private restroom
Building Details
Year Built
2006
Stories
1
Construction
Metal
Tenancy
Single
Listing Agency:
Lee & Associates - Denver
Listed By:
Matt Burgner · License #CO 100067702
(303) 501-8773
Source:
Crexi
Added: Jun 22
Changed: Oct 26
Last Checked: Oct 26 at 12:51PM
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 Lee & Associates - Denver
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Investment Insights
Based on property information with market context.
This industrial/flex condo unit offers an office built-out plus an attached warehouse/showroom-style space, configured as a split office and warehouse layout. The building is one story with metal construction and includes a single overhead grade door for loading, along with a fenced yard and a private restroom.
The unit is located behind Walmart, providing convenient access to a well-established retail node. Parking is available in covered and surface options to support tenant and visitor needs.
Zoned for industrial use (I – Industrial), the property is presented as a business condo with a single tenancy plan, offering 1,822 square feet of available space within a 13,780 square foot building.
The unit is located behind Walmart, providing convenient access to a well-established retail node. Parking is available in covered and surface options to support tenant and visitor needs.
Zoned for industrial use (I – Industrial), the property is presented as a business condo with a single tenancy plan, offering 1,822 square feet of available space within a 13,780 square foot building.
Key Highlights
- 1,822 SF single‑tenant industrial/flex condo in a 1‑story, 13,780 SF metal building
- I - Industrial zoning; split office/warehouse with a built‑out professional office and private restroom
- Loading through 1 overhead grade door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,265
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,300
$405.3K
Cap Rate 7%
$289,500
$289.5K
Cap Rate 9%
$225,167
$225.2K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$26.1K $13.86/SF
− Vacancy
−$2.2K −$1.19/SF
EGI
$23.8K $12.67/SF
− OpEx
−$3.6K −$1.90/SF
NOI
$20.3K $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%
$405,300
Cap Rate 7%
$289,500
Cap Rate 9%
$225,167
Alternative Uses
Best Use
Warehouse
$289.5K
$253.3K – $337.8K
NOI $20,265 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$238.4K
$208.6K – $278.2K
NOI $16,689 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$505.2K
$442.0K – $589.4K
NOI $35,361 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,162
Businesses Nearby
Under-served
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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Hippie's Kitchen — 1339 Nickel Dr B, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant industrial flex condo with built-out office and overhead loading in a one-story metal building.
Where is this flex space located?
The property is located at 2105 East 11th Street Loveland, CO.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,822 SF single‑tenant industrial/flex condo in a 1‑story, 13,780 SF metal building; I - Industrial zoning; split office/warehouse with a built‑out professional office and private restroom; Loading through 1 overhead grade door
