Three-Story Office Building with Lake
For Sale
$1,399,000
504 W Eisenhower, Loveland, CO 80537
Three-story office building with gym and lake views.
Property Size6,310 SF
Lot Size0.15 Acres
Price / SF$221.71
Days on Market383
Property Features for 504 W Eisenhower
General Information
Standard status
Active
Size
6,310 SF
Lot size
0.15 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$26,826
Amenities
Central air
2 or more Heat Sources Heating
Alley
Central Air Cooling
Curbs
Fire Hydrant within 500 Feet
Flat Roof
Forced Air Heating
Gutters
Hot Water Heating
Paved
Paved Parking
Rubber Roof
Sidewalks
Street Light
Zoned Heating
Building Details
Year Built
1964
Listing Agency:
C3 Real Estate Solutions, LLC
(970) 225-5152
Listed By:
BRIAN TRAINOR
Source:
Corcoran
Added: Jul 23, 2025
Changed: Aug 8
Last Checked: Apr 5 at 8:30PM
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 C3 Real Estate Solutions, LLC
Investment Insights
Based on property information with market context.
This attractive three-story office building offers excellent visibility and direct frontage on Eisenhower Blvd, with scenic views of Lake Loveland and the Front Range. The main level, encompassing 2,036 square feet, includes a 523 square foot gym, two office suites, storage, janitorial space, multi-stall restrooms, and a break area. The second level, spanning 2,137 square feet, features two executive offices, five additional offices, a large conference room overlooking the lake, an administrative area, a single restroom, storage, and a break area. The third level, also 2,137 square feet, offers two street-facing offices with expansive lake views, five additional offices, a large meeting room, a single restroom, and storage. The building is equipped with upgraded LED lighting and network infrastructure throughout, and fiber service is available. There are 11 on-site parking spaces, with additional overflow parking available.
Key Highlights
- Excellent visibility and direct frontage on Eisenhower Blvd.
- Scenic views of Lake Loveland and the Front Range.
- Upgraded LED lighting and network infrastructure throughout, with fiber service.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,449
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,788,980
$1.8M
Cap Rate 7%
$1,277,843
$1.3M
Cap Rate 9%
$993,878
$993.9K
Market Conditions
NOI Build-Up for 6,310 SF
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.
Gross rent
$128.0K $20.28/SF
− Vacancy
−$8.7K −$1.38/SF
EGI
$119.3K $18.90/SF
− OpEx
−$29.8K −$4.73/SF
NOI
$89.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,788,980
Cap Rate 7%
$1,277,843
Cap Rate 9%
$993,878
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,449 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,559 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with gym and lake views.
Where is this office building located?
The property is located at 504 W Eisenhower Loveland, CO.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Excellent visibility and direct frontage on Eisenhower Blvd.; Scenic views of Lake Loveland and the Front Range.; Upgraded LED lighting and network infrastructure throughout, with fiber service.
