Flex Warehouse with Drive-In
For Sale
$950,000
532-534 W 66TH STREET, Loveland, CO 80538
Flex units with warehouse space, two-floor offices, sprinklers, and 12' x 14' drive-in doors.
Property Size4,369 SF
Days on Market104
Property Features for 532-534 W 66TH STREET
General Information
Standard status
Active
Size
4,369 SF
Property subtype
Industrial
Building Details
Building Size
4,369 SF
Year Built
2000
Listing Agency:
Unique Properties, Inc.
Listed By:
Brad Gilpin · License #EA.100007414
(303) 668-3733
Source:
Uniqueprop
Added: Jun 25
Changed: Sep 6
Last Checked: Oct 5 at 3:58PM
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 Unique Properties, Inc.
Investment Insights
Based on property information with market context.
Units 532 and 534 offer flex-style space combining warehouse and office on two floors. Unit 532 totals 2,171 SF, including 1,032 SF of warehouse and 1,139 SF of office. Unit 534 totals 2,198 SF, including 1,032 SF of warehouse and 1,166 SF of office. Each unit features a 12' x 14' drive-in door, 18' ceilings, and sprinklers throughout. Power is provided with 3-phase, 200-amp service per unit.
The property is offered for sale at 532-534 W 66TH STREET in Loveland, CO 80538. An owner-user configuration is available, with 2,747 SF available for an owner user, consisting of Unit #532 plus the 2nd floor office of Unit #534. Unit #534 also includes a portion currently leased through 7/31/2029, with 1,702 SF leased as of the data provided (main floor of Unit #534).
For tenants or buyers seeking flexible operations, the building supports a practical split between warehouse activity and office space across two floors. The available owner-user area can support a business that needs in-house office while maintaining dedicated warehouse improvements, and the remaining leased portion provides continuity as outlined in the provided lease term.
The property is offered for sale at 532-534 W 66TH STREET in Loveland, CO 80538. An owner-user configuration is available, with 2,747 SF available for an owner user, consisting of Unit #532 plus the 2nd floor office of Unit #534. Unit #534 also includes a portion currently leased through 7/31/2029, with 1,702 SF leased as of the data provided (main floor of Unit #534).
For tenants or buyers seeking flexible operations, the building supports a practical split between warehouse activity and office space across two floors. The available owner-user area can support a business that needs in-house office while maintaining dedicated warehouse improvements, and the remaining leased portion provides continuity as outlined in the provided lease term.
Key Highlights
- Flex unit #532 totals 2,171 SF: 1,032 SF warehouse plus 1,139 SF two‑floor office
- Flex unit #534 totals 2,198 SF: 1,032 SF warehouse plus 1,166 SF two‑floor office
- Each unit includes a 12' x 14' drive‑in door and 18' ceilings with sprinklers throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,934
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,680
$1.2M
Cap Rate 7%
$884,771
$884.8K
Cap Rate 9%
$688,156
$688.2K
Market Conditions
NOI Build-Up for 4,369 SF
Gross rent
$88.6K $20.28/SF
− Vacancy
−$6.0K −$1.38/SF
EGI
$82.6K $18.90/SF
− OpEx
−$20.6K −$4.73/SF
NOI
$61.9K $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%
$1,238,680
Cap Rate 7%
$884,771
Cap Rate 9%
$688,156
Alternative Uses
Best Use
Office B
$884.8K
$774.2K – $1.03M
NOI $61,934 @ 7.0% cap · market cap 6.52%
Second Best
Warehouse
$672.1K
$588.1K – $784.1K
NOI $47,045 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,090 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Flex space - Flex units with warehouse space, two-floor offices, sprinklers, and 12' x 14' drive-in doors.
Where is this flex space located?
The property is located at 532-534 W 66TH STREET Loveland, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Flex unit #532 totals 2,171 SF: 1,032 SF warehouse plus 1,139 SF two‑floor office; Flex unit #534 totals 2,198 SF: 1,032 SF warehouse plus 1,166 SF two‑floor office; Each unit includes a 12' x 14' drive‑in door and 18' ceilings with sprinklers throughout
