Industrial Flex
497-497 Denver Ave Loveland, CO 80537
497-497 Denver Ave, Loveland, CO, 80537
$575,000
Pending
For Sale
$575,000
Pending
Industrial/flex condo with grade level overhead door, high ceilings, and office reception space for light industrial or distribution.
Property Size2,800 SF
Days on Market293
Property Features for 497-497 Denver Ave
General Information
- Standard status
- Pending
- Size
- 2,800 SF
Listing Agency
Cushman & Wakefield
(970) 222-6452
Listed by
Travis Ackerman · License #100014006
(970) 222-6452
Source
Exprealty
Added: Oct 1, 2025 Updated: Jul 10 at 2:15 pm Checked: Jul 20 at 8:17 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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This industrial/flex condo offers a practical mix of warehouse space and office amenities, including two open office/workspaces and a reception area. The warehouse includes a 14' x 14' grade level overhead door, 16' ceiling height, a workbench, a storage area, and air lines, supporting light industrial operations and distribution activity.
Located in Denver Avenue Commercial Park at 497-497 Denver Ave in Loveland, CO, the unit is suited for users looking for an on-site office presence with straightforward warehouse functionality. Please contact the broker for additional information.
Located in Denver Avenue Commercial Park at 497-497 Denver Ave in Loveland, CO, the unit is suited for users looking for an on-site office presence with straightforward warehouse functionality. Please contact the broker for additional information.
Key Highlights
- 2,800 SF industrial/flex condo with 2 open office/workspaces and a reception area
- Warehouse includes a 14' x 14' grade level overhead door
- Warehouse has 16' ceiling height
Local Financial Insights For Warehouse
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 | $38.8k | $13.86 |
| − Vacancy | −$3.3k | −$1.19 |
| EGI | $35.5k | $12.67 |
| − OpEx | −$5.3k | −$1.90 |
| NOI | $30.1k | $10.77 |
2,800 SF · lease $13.86/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$430.7K
$376.9K – $502.5K
NOI $30,150 @ 7.0% cap · market cap 5.24%
Second Best
Industrial
$354.7K
$310.4K – $413.8K
NOI $24,829 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$751.6K
$657.6K – $876.8K
NOI $52,610 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
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
FAQs
What type of property is this?
Flex space - Industrial/flex condo with grade level overhead door, high ceilings, and office reception space for light industrial or distribution.
Where is this flex space located?
The property is located at 497-497 Denver Ave 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 2 open office/workspaces and a reception area; Warehouse includes a 14' x 14' grade level overhead door; Warehouse has 16' ceiling height