Classroom-Style Office
For Sale
Contact for pricing
697 Denver Ave, Loveland, CO 80537
Unit F is a classroom/office space offered for sale.
Property Size1,351 SF
Price / SF$210.95
Days on Market1056
Property Features for 697 Denver Ave
General Information
Standard status
Active
Size
1,351 SF
Property subtype
OFFICE
Listing Agency:
CBRE - Fort Collins
(970) 372-3007
Listed By:
Julius Tabert · License #FA40037286
(970) 372-3852
Source:
Moodyscre
Added: Dec 6, 2023
Changed: Oct 25
Last Checked: Oct 26 at 1:54PM
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 CBRE - Fort Collins
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit F is a classroom/office space designed for mixed instructional and work-related use. The property is being offered for sale as part of an office units offering.
The asset is located at 697 Denver Ave in Loveland, Colorado.
With a size of 1,351 square feet, Unit F provides a dedicated indoor space configured as a classroom/office room.
The asset is located at 697 Denver Ave in Loveland, Colorado.
With a size of 1,351 square feet, Unit F provides a dedicated indoor space configured as a classroom/office room.
Key Highlights
- Unit F is a classroom/office space offered for sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,151
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,020
$383.0K
Cap Rate 7%
$273,586
$273.6K
Cap Rate 9%
$212,789
$212.8K
Market Conditions
NOI Build-Up for 1,351 SF
Gross rent
$27.4K $20.28/SF
− Vacancy
−$1.9K −$1.38/SF
EGI
$25.5K $18.90/SF
− OpEx
−$6.4K −$4.73/SF
NOI
$19.2K $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%
$383,020
Cap Rate 7%
$273,586
Cap Rate 9%
$212,789
Alternative Uses
Best Use
Office B
$273.6K
$239.4K – $319.2K
NOI $19,151 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
486
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Unit F is a classroom/office space offered for sale.
Where is this office unit located?
The property is located at 697 Denver Ave Loveland, CO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Unit F is a classroom/office space offered for sale.
