Renovated Office Building with
For Sale
$5,400,000
4270 Byrd Dr, Loveland, CO 80538
Modern, two-story office building with advanced security features.
Property Size13,636 SF
Lot Size2.03 Acres
Days on Market232
Property Features for 4270 Byrd Dr
General Information
Standard status
Active
Size
13,636 SF
Lot size
2.03 Acres
Property subtype
Commercial
Building Details
Building Size
13,636 SF
Year Built
2005
Listing Agency:
A. Stephen & Co. Inc.
Listed By:
Stephen Robinson · License #100038940
(970) 631-5023
Source:
Elliman
Added: Mar 10
Changed: Oct 26
Last Checked: Oct 26 at 3:24PM
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 A. Stephen & Co. Inc.
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Investment Insights
Based on property information with market context.
Constructed in 2005 and recently renovated in 2023, this two-story office building features modern finishes and improvements. The building is equipped with advanced security, including full perimeter fencing and facial and license plate recognition systems. All-season parking coverage is provided by four hail-protection canopies. The building is accessed via a vestibule area at the northwest corner, which is open to the second-floor ceiling and includes two single-user restrooms, a stairwell, and an elevator. The upper level contains 20 offices, a conference room, an employee lounge, and two multi-user restrooms. The lower office unit includes a reception area, an open office cubicle area, ten private offices, a break room, a conference room, and two multi-user restrooms. Renovations include sealing the parking lot, high-end security systems, carpet, floors, paint, power glass doors, a sound system, upper- and lower-bathroom remodels, conference room remodels, and a covered patio roof. Arterial access is available from Crossroads Boulevard, with regional access from Interstate 25. Nearby businesses include Centerra Shopping Center, 2534 Crossroads, Medical Center of the Rockies, Northern Colorado Rehabilitation Hospital, Amazon distribution facility and Northern Colorado Regional Airport.
Key Highlights
- Recently renovated in 2023 with modern finishes and improvements.
- Advanced security system with full perimeter fencing, facial and license plate recognition.
- All‑season parking coverage with hail‑protection canopies.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,300
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,000
$3.9M
Cap Rate 7%
$2,761,429
$2.8M
Cap Rate 9%
$2,147,778
$2.1M
Market Conditions
NOI Build-Up for 13,636 SF
Gross rent
$276.5K $20.28/SF
− Vacancy
−$18.8K −$1.38/SF
EGI
$257.7K $18.90/SF
− OpEx
−$64.4K −$4.73/SF
NOI
$193.3K $14.18/SF
Area
Larimer County, CO
Vacancy
6.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,000
Cap Rate 7%
$2,761,429
Cap Rate 9%
$2,147,778
Alternative Uses
Best Use
Office B
$2.76M
$2.42M – $3.22M
NOI $193,300 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,208 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
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Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Modern, two-story office building with advanced security features.
Where is this office building located?
The property is located at 4270 Byrd Dr Loveland, CO.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Recently renovated in 2023 with modern finishes and improvements.; Advanced security system with full perimeter fencing, facial and license plate recognition.; All‑season parking coverage with hail‑protection canopies.
