Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Well-Maintained Hangar at Fort Collins Title is generated by Realmo AI

    5050 Grumman #C-4, Loveland, CO 80538

    View on Map
    Claim this Listing
    For Sale
    $250,000

    West-facing box hangar with epoxy flooring and bi-fold door.

    Type:Commercial
    Property size:
    1,364 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $183/SF
    Added:
    May 13, 2025
    Days on Market:
    390
    Last Refresh:
    Apr 6 at 2:33 am

    Property Features for 5050 Grumman #C-4

    General Information

    Standard status
    Active
    Size
    1,364 SF
    Lot size
    0.03 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2001

    We can help!

    Listing Contact
    MICHAEL JENSEN
    MICHAEL JENSEN

    Listing agent MICHAEL JENSEN

    Listing office Fort Collins Real Estate, LLC

    Listing date May 13, 2025

    Source Corcoran

    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 Fort Collins Real Estate, LLC

    HighLights

    • Rare full box hangar at Fort Collins Loveland Airport (FNL) offering superior aircraft access and storage.
    • Features a high‑quality Schweiss motorized bi‑fold door with overhead radiant heat, insulation, and drywall.
    • Clean and well‑maintained with epoxy flooring and pegboard tool organization.
    • Excellent hangar dimensions: 12.5' door height, 40' 9" width, and 33' 6" depth.
    • Low quarterly FNL Condo Association dues of $268.73 covering structure insurance, land lease, snow removal, and restroom facilities.
    • Land Lease extendable through 5/2041 (Buyer to verify all Lease information).

    Overview

    This is a well-maintained, clean, west-facing box hangar, offering 1364 square feet of space at the Fort Collins Loveland Airport (FNL). The hangar features epoxy flooring, pegboard for tool organization, and a clear height of 12.5 feet on the overhead bi-fold door. The clear width measures 40 feet 9 inches, and the depth is 33 feet 6 inches. It includes a Schweiss motorized bi-fold door with overhead radiant heat, insulation, and drywall. The quarterly FNL Condo Association dues are $268.73, covering insurance for the structure, the Land Lease to Cities of Fort Collins/Loveland, snow removal, and port-o-pottie restroom facilities. The initial 25-year Land Lease term expires in May 2026, with the option to extend for three additional five-year terms. The airport is growing, with a new passenger terminal and ATC tower services recently added. The hangar is suited for storing an airplane right by the runway.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Real Estate Agency Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.105
    Latitude
    40.4433

    Nearby Similar for Sale

    • $500,000

      Downtown Flex Retail Building

      Standalone flex retail building with overhead door, fenced rear storage parking, and visible frontage for service or showroom uses.
      137 S Lincoln Ave, Loveland, CO 80537
      View Details
    • $2,000,000
      13,000 SF

      Loveland Office Building Opportunity

      Professional office building in central Loveland with flexible suite configuration.
      1401 W 29th St, Loveland, CO 80538
      View Details
    • $589,320
      2,963 SF

      Duplex with Finished Basement ADU

      Newly released duplex plan offers separate basement ADU access and utilities for flexible multi-generational or investment use.
      4752 Degas Dr, Loveland, CO 80538
      View Details
    • $539,000
      2,080 SF

      Over-Under Duplex with Off-Street Parking

      Well-maintained duplex with updated interiors and four paved spaces, suited for rental income or live-in investment strategies.
      1150 E 5th St, Loveland, CO 80537
      View Details
    • $690,000
      3,224 SF

      Loveland Fourplex Investment Opportunity

      Well-maintained fourplex near golf courses and parks in Loveland, Colorado.
      2821 Greenland Dr, Loveland, CO 80538
      View Details
    • $590,000
      1,800 SF

      Updated Duplex in Central Loveland

      Updated duplex, central location, investment or owner-occupancy opportunity.
      1640 Cheyenne Ave, Loveland, CO 80538
      View Details
    • $2,100,000
      12,060 SF

      Loveland Retail Showroom Opportunity

      Remodeled retail showroom with development potential in Loveland, Colorado.
      1601 N Lincoln Ave, Loveland, CO 80538
      View Details
    • $3,490,000
      15,028 SF

      15-Unit Cabin Property

      Income-producing cabin rentals on a wooded tract with direct National Forest adjacency.
      1110 W Highway 34, Loveland, CO 80537
      View Details
    • $599,900
      2,963 SF

      Loveland Multifamily Property with ADU

      Multifamily property featuring a finished basement ADU for flexible living.
      4774 Degas Dr, Loveland, CO 80538
      View Details
    • $1,060,000
      4,736 SF

      Loveland Fourplex Investment Opportunity

      Fully rented fourplex in Loveland near amenities and commuter routes.
      414 Mulberry Dr, Loveland, CO 80538
      View Details
    • $595,000
      2,069 SF

      Renovated Duplex Investment Opportunity

      Meticulously maintained duplex with leases into 2027, priced to sell.
      2331 Nyssa Dr, Loveland, CO 80538
      View Details
    • $980,000
      4,656 SF

      Highway Frontage Commercial Building

      4,656 SF building on 1.22 acres with highway frontage.
      1325 S Saint Louis, Loveland, CO 80537
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - West-facing box hangar with epoxy flooring and bi-fold door.
    Where is this aviation real estate located?
    The property is located at 5050 Grumman #C-4 Loveland, CO.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Rare full box hangar at Fort Collins Loveland Airport (FNL) offering superior aircraft access and storage.; Features a high‑quality Schweiss motorized bi‑fold door with overhead radiant heat, insulation, and drywall.; Clean and well‑maintained with epoxy flooring and pegboard tool organization.
    (970) 224-1411
    We can help!
    Listing Contact
    MICHAEL JENSEN
    MICHAEL JENSEN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5050 Grumman #C-4, Loveland, CO 80538
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!