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Industrial Flex Condo with Office
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485-497 N Denver Avenue, Loveland, CO 80537

Industrial flex condo with two office/work areas, reception space, and a 14’ x 14’ grade-level overhead door.

Property Size2,703 SF
Price / SF$212.73
Days on Market306

Property Features for 485-497 N Denver Avenue

General Information

Standard status Active
Size 2,703 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Listing Agency: Cushman & Wakefield | Fort Collins
Listed By: Travis Ackerman · License #100014006
Source: Moodyscre
Added: Oct 1, 2025 Changed: Jul 25 Last Checked: Aug 1 at 2:20PM

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 Cushman & Wakefield | Fort Collins

Investment Insights

Based on property information with market context.

This 2,800-square-foot industrial/flex condo includes two open office/workspaces and a reception area. The warehouse is supported by a 16’ ceiling height and features a 14’ x 14’ grade-level overhead door. Interior improvements include a workbench, storage area, and air lines, providing practical support for light industrial activities.

The property is located in Denver Avenue Commercial Park and is presented for sale with availability beginning November 1. It is described as suitable for light industrial or distribution use.

The space is configured to combine office support with a functional warehouse area, making it well-suited for operations that require both workspace and straightforward loading access.

Key Highlights

  • 2,800 SF industrial/flex condo with two open office/workspaces and a reception area
  • Warehouse includes a 14’ x 14’ grade‑level overhead door
  • 16’ ceiling height in the warehouse

Financial Insights For Office B

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 $54.8k $20.28
− Vacancy −$3.7k −$1.38
EGI $51.1k $18.90
− OpEx −$12.8k −$4.73
NOI $38.3k $14.18
2,703 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$547.4K
$479.0K – $638.6K (±1% cap)
NOI $38,317 @ 7.0% cap · market cap 6.66%
Second Best
Warehouse
$415.8K
$363.8K – $485.1K (±1% cap)
NOI $29,105 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$725.5K
$634.8K – $846.5K (±1% cap)
NOI $50,787 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Restaurant Law Firm Nail Salon Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby
Under-served
Demand for This Use

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Foothills Catering — 167 S Madison Ave, Loveland, CO 80537
  • Wildflower Catering Company — 2415 Selenium Court, 167 S Madison Ave, Loveland, CO 80537
  • Hippie's Kitchen — 1339 Nickel Dr B, Loveland, CO 80537
  • Gus' Commissary Kitchen — 167 S Madison Ave, Loveland, CO 80537

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex condo with two office/work areas, reception space, and a 14’ x 14’ grade-level overhead door.
Where is this flex space located?
The property is located at 485-497 N Denver Avenue Loveland, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,800 SF industrial/flex condo with two open office/workspaces and a reception area; Warehouse includes a 14’ x 14’ grade‑level overhead door; 16’ ceiling height in the warehouse
(970) 267-7720 Call to check price and availability
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