Architecturally Distinct Office
2502 Abarr Loveland, CO 80538
2502 Abarr, Loveland, CO, 80538
$900,000
For Sale
$900,000
Exceptional office building with Lake Loveland views and ample parking.
Property Size2,700 SF
Lot Size0.39 Acres
Price / SF$333.33
Days on Market350
Property Features for 2502 Abarr
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 0.39 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
Resident Realty North Metro
(303) 325-5461
Listed by
TONY THURMAN · License #40021874
Source
Corcoran
Added: Aug 6, 2025 Updated: Jul 6 at 10:23 am Checked: Jul 20 at 3:55 am
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 Resident Realty North Metro
Investment Insights
Based on property information with market context.
This 2,700 sq ft office building is situated on a landscaped 1/3-acre lot and offers views of Lake Loveland. Designed by an apprentice of Frank Lloyd Wright, the property combines architectural distinction with functionality. The building is located with exposure to over 20,000 vehicles per day. The interior features five exam rooms or private offices, a large executive office, and an expansive reception and waiting area. Recent upgrades include a newer stucco exterior and roof, updated carpeting and modernized bathrooms, upgraded electrical and plumbing systems, and a freshly repaved private parking lot with 30 spaces. The move-in-ready space is suitable for medical, professional, or business office use.
Key Highlights
- Stunning views of Lake Loveland on a beautifully landscaped 1/3‑acre lot
- High‑visibility location with exposure to over 20,000 vehicles per day
- Move‑in‑ready 2,700 sq ft space suitable for medical, professional, or business office use
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $25.17 |
| − Vacancy | −$3.1k | −$1.13 |
| EGI | $64.9k | $24.04 |
| − OpEx | −$26.0k | −$9.61 |
| NOI | $38.9k | $14.42 |
2,700 SF · lease $25.17/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$556.3K
$486.8K – $649.0K
NOI $38,941 @ 7.0% cap · market cap 4.33%
Second Best
Office B
$546.8K
$478.4K – $637.9K
NOI $38,274 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K
NOI $50,731 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Andrew Maples
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Exceptional office building with Lake Loveland views and ample parking.
Where is this office building located?
The property is located at 2502 Abarr Loveland, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Stunning views of Lake Loveland on a beautifully landscaped 1/3‑acre lot; High‑visibility location with exposure to over 20,000 vehicles per day; Move‑in‑ready 2,700 sq ft space suitable for medical, professional, or business office use
