Loveland Commercial Space For
For Sale
$499,000
2150 West Eisenhower Boulevard, Loveland, CO 80537
2,165 SF commercial space suitable for office, medical, or retail.
Property Size2,165 SF
Price / SF$230.48
Days on Market318
Property Features for 2150 West Eisenhower Boulevard
General Information
Standard status
Active
Size
2,165 SF
Class
B
Total Parking Spaces
45
Property subtype
Creative Loft
Zoning
Developing Business
Building Details
Building Size
2,165 SF
Year Built
1998
Listing Agency:
RE/MAX
(970) 215-7016
Listed By:
Michelle Hickey Crawford · License #6506046950
(970) 215-7016
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:06PM
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 RE/MAX
Investment Insights
Based on property information with market context.
This commercial property features two contiguous units being sold together, totaling 2,165 rentable square feet of main-level space, with a usable area of 2,021 square feet. Constructed in 1998 and remodeled in 2020, the property is located in the 'B' Developing Business Zone and offers convenient access off Highway 34. The flexible floor plan includes a mix of private offices, open workspace, a kitchenette, and a training/AV room. The property is suitable for office, medical, or retail use.
Key Highlights
- Two Contiguous Units Sold Together offering 2,165 rentable sf (2,021 useable sf).
- Located in the ‘B’ Developing Business Zone.
- Remodeled in 2020.
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
$31,225
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
6.26%
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%
$624,500
$624.5K
Cap Rate 7%
$446,071
$446.1K
Cap Rate 9%
$346,944
$346.9K
Market Conditions
NOI Build-Up for 2,165 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
$54.5K $25.17/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$52.0K $24.04/SF
− OpEx
−$20.8K −$9.61/SF
NOI
$31.2K $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%
$624,500
Cap Rate 7%
$446,071
Cap Rate 9%
$346,944
Alternative Uses
Best Use
Healthcare Medical
$446.1K
$390.3K – $520.4K
NOI $31,225 @ 7.0% cap · market cap 6.26%
Second Best
Office B
$438.4K
$383.6K – $511.5K
NOI $30,690 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$581.1K
$508.5K – $678.0K
NOI $40,678 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
655
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 2,165 SF commercial space suitable for office, medical, or retail.
Where is this office units located?
The property is located at 2150 West Eisenhower Boulevard Loveland, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two Contiguous Units Sold Together offering 2,165 rentable sf (2,021 useable sf).; Located in the ‘B’ Developing Business Zone.; Remodeled in 2020.
