Loveland Industrial Office/Warehouse For
For Sale
$900,000
6748 N Franklin, Loveland, CO 80538
Industrial office/warehouse in Loveland, Colorado, featuring office and warehouse space.
Property Size5,057 SF
Lot Size0.25 Acres
Price / SF$177.97
Days on Market188
Property Features for 6748 N Franklin
General Information
Standard status
Active
Size
5,057 SF
Lot size
0.25 Acres
Property subtype
Commercial
Amenities
Central air
Central Air Cooling
Covenants
Curbs
Flat Roof
Forced Air Heating
Gutters
Loading: Drive-in overhead doors
Paved
Paved Parking
Sidewalks
Building Details
Year Built
2000
Listing Agency:
Group Harmony
(970) 229-0700
Listed By:
CRAIG C HAU
Source:
Corcoran
Added: Feb 3
Changed: Aug 8
Last Checked: Jul 3 at 4:16PM
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 Group Harmony
Investment Insights
Based on property information with market context.
The property at 6748 N Franklin Avenue in Loveland, CO, is an industrial office/warehouse available for sale. It features 5,057 rentable square feet. The space includes private men's and women's restrooms, ample main level office space, an upstairs office and conference room, and a warehouse with a loft. A 10' x 12' grade-level overhead door provides access to the warehouse area. The property has been updated with newer paint and carpet.
Key Highlights
- 5,057 SF industrial office/warehouse space
- Warehouse with loft
- 10' x 12' grade‑level overhead door
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
$54,453
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
6.05%
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%
$1,089,060
$1.1M
Cap Rate 7%
$777,900
$777.9K
Cap Rate 9%
$605,033
$605.0K
Market Conditions
NOI Build-Up for 5,057 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
$70.1K $13.86/SF
− Vacancy
−$6.0K −$1.19/SF
EGI
$64.1K $12.67/SF
− OpEx
−$9.6K −$1.90/SF
NOI
$54.5K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
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%
$1,089,060
Cap Rate 7%
$777,900
Cap Rate 9%
$605,033
Alternative Uses
Best Use
Warehouse
$777.9K
$680.7K – $907.6K
NOI $54,453 @ 7.0% cap · market cap 6.05%
Second Best
Industrial
$640.6K
$560.6K – $747.4K
NOI $44,844 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,017 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Under-served
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial office/warehouse in Loveland, Colorado, featuring office and warehouse space.
Where is this flex space located?
The property is located at 6748 N Franklin Loveland, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5,057 SF industrial office/warehouse space; Warehouse with loft; 10' x 12' grade‑level overhead door
