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    Corner Flex Office Warehouse Suite Title is generated by Realmo AI

    3855 Precision Dr Unit 1, Loveland, CO 80538

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    For Lease
    $14 SF/Yr $4,042/Mo (calc)

    A corner flex suite with private offices, conference space, and a warehouse with overhead door for adaptable business use.

    Type:Commercial
    Property size:
    3,465 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:46 am

    Property Features for 3855 Precision Dr Unit 1

    General Information

    Standard status
    Active
    Size
    3,465 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Mike Eyer
    Mike Eyer

    Listing agent Mike Eyer License #FA100012904

    Listing office CBRE - Fort Collins

    Listing date Jun 3, 2026

    Source Elliman

    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

    HighLights

    • 3,465 SF flex office space in a corner unit within a business park setting
    • Includes a large conference room plus a smaller conference/office space for meetings and work needs
    • 4 private offices and an open work area for team‑based and private work layouts
    • Kitchen area and two restrooms within the office portion
    • Warehouse area with one overhead door for adaptable business storage or operations
    • Within Precision Business Park with immediate access to I‑25

    Overview

    This flex office and warehouse suite offers 3,465 square feet in a corner unit configuration. The space includes a light, airy entry and a large conference room, along with a smaller conference or office area. In addition to four private offices, there is an open work area, a kitchen area, and two restrooms. The back portion functions as a warehouse with one overhead door, supporting day-to-day storage and light operational needs.

    The property is located within Precision Business Park, a well-maintained business park that provides immediate access to I-25. The surrounding Centerra community includes regional amenities such as shopping, dining, lakes, open space, and miles of trails.

    For tenant use, the blend of office management space and warehouse functionality makes this suite workable for teams that need both client-facing or meeting rooms and practical storage or workflow space. The overhead door helps accommodate routine loading and distribution within the flex layout.
    Location Intelligence

    Current Use by Public Records

    Antea Group Environmental Consultant Heart Center of the Rockies Medical Transcription Service Team Select Home ... Home Health Care Service Charter Healthcare Home Health Care Service Healthy Hearts Corporate Office

    Suggested Use

    Restaurant Spa & Massage Center Law Firm Building Supply Big Box & Wholesale Store Hair Salon Real Estate Agency Pharmacy Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -104.999481
    Latitude
    40.4313751

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    FAQs

    What type of property is this?
    Flex space - A corner flex suite with private offices, conference space, and a warehouse with overhead door for adaptable business use.
    Where is this flex space located?
    The property is located at 3855 Precision Dr Unit 1 Loveland, CO.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,465 SF flex office space in a corner unit within a business park setting; Includes a large conference room plus a smaller conference/office space for meetings and work needs; 4 private offices and an open work area for team‑based and private work layouts
    (970) 372-3844
    We can help!
    Listing Contact
    Mike Eyer
    Mike Eyer
    Real Estate License ID: FA100012904
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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