Multi-Tenant Warehouse Complex For
For Sale
$15,300,000
225 253 255 42nd Street Southwest, Loveland, CO 80537
Four-building warehouse complex with outdoor storage and income-producing cell tower.
Property Size100,405 SF
Lot Size10.10 Acres
Price / SF$152.38
Days on Market139
Property Features for 225 253 255 42nd Street Southwest
General Information
Standard status
Active
Size
100,405 SF
Lot size
10.10 Acres
Property subtype
Industrial
Listing Agency:
CBRE - Fort Collins
(970) 372-3852
Listed By:
Julius Tabert · License #FA40037286
(970) 372-3852
Source:
Cbre
Added: Mar 25
Changed: Aug 7
Last Checked: Aug 9 at 3:27PM
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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
Campion Industrial Park is a four-building, single-story, multi-tenant warehouse complex totaling 100,405 square feet on 10.1 acres. It features nearly two acres of fenced and secured industrial outdoor storage and a fully leased cell tower, which provides additional income. The tenant roster includes 10 tenants. Located in the Fort Collins/Loveland industrial submarket in Northern Colorado, it offers direct access to Highway 287, connecting Fort Collins and Denver. The property is available for sale in its entirety.
Key Highlights
- Strategic location with direct access to Hwy 287 connecting Fort Collins and Denver.
- Rare outdoor storage: nearly two acres of fenced and secured industrial outdoor storage.
- Strong going‑in yield.
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
$1,081,144
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
7.07%
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%
$21,622,880
$21.6M
Cap Rate 7%
$15,444,914
$15.4M
Cap Rate 9%
$12,012,711
$12.0M
Market Conditions
NOI Build-Up for 100,405 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
$1.39M $13.86/SF
− Vacancy
−$119.7K −$1.19/SF
EGI
$1.27M $12.67/SF
− OpEx
−$190.8K −$1.90/SF
NOI
$1.08M $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 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%
$21,622,880
Cap Rate 7%
$15,444,914
Cap Rate 9%
$12,012,711
Alternative Uses
Best Use
Warehouse
$15.44M
$13.51M – $18.02M
NOI $1,081,144 @ 7.0% cap · market cap 7.07%
Second Best
Industrial
$12.72M
$11.13M – $14.84M
NOI $890,354 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$26.95M
$23.58M – $31.44M
NOI $1,886,522 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
524
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Foothills Self Storage Inc — 4009 N Grant Ave, Loveland, CO 80538
- Climate Controlled Storage — Loveland, CO 80538
- Self-Storage at U-Haul — 3305 N Lincoln Ave, Loveland, CO 80538
- Life Storage — 120 W 43rd St, Loveland, CO 80538
- Exodus Moving & Storage — 3320 N Sheridan Ave, Loveland, CO 80538
Frequently Asked Questions
What type of property is this?
Warehouse - Four-building warehouse complex with outdoor storage and income-producing cell tower.
Where is this warehouse located?
The property is located at 225 253 255 42nd Street Southwest Loveland, CO.
What is the asking price?
The asking price for this property is $15,300,000.
What are key features of this property?
This property features: Strategic location with direct access to Hwy 287 connecting Fort Collins and Denver.; Rare outdoor storage: nearly two acres of fenced and secured industrial outdoor storage.; Strong going‑in yield.
