Build-to-Suit Industrial Yard
For Sale
Contact for pricing
6977 Rickenbacker Road, Loveland, CO 80538
Proposed build-to-suit industrial property with laydown yard/storage and potential for two buildings.
Property Size48,000 SF
Price / SF$250
Days on Market98
Property Features for 6977 Rickenbacker Road
General Information
Standard status
Active
Size
48,000 SF
Property subtype
Industrial
Zoning
Developing Industrial (I)
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
2026
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Travis Ackerman · License #CO 100014006
(970) 776-3900
Source:
Crexi
Added: Jul 1
Changed: Oct 4
Last Checked: Oct 5 at 4:31PM
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 Cushman & Wakefield - Fort Collins, Colorado
Investment Insights
Based on property information with market context.
Located at 6977 Rickenbacker Road in Loveland, this proposed build-to-suit industrial site offers laydown yard and storage space. The development plan provides the potential for two industrial buildings, including a larger 48,000 SF building and a second 36,000 SF building, along with outdoor storage flexibility.
The property is described as having close proximity to I-25, providing convenient access throughout Northern Colorado. The new 3.5 million square foot Amazon distribution facility is down the road from Airpark North.
An alternate configuration is also contemplated: the smaller lot could be used primarily as yard. If the entire lot is used for storage, there would be up to 4 acres (±) of outside storage; pricing for this option is not yet set.
The property is described as having close proximity to I-25, providing convenient access throughout Northern Colorado. The new 3.5 million square foot Amazon distribution facility is down the road from Airpark North.
An alternate configuration is also contemplated: the smaller lot could be used primarily as yard. If the entire lot is used for storage, there would be up to 4 acres (±) of outside storage; pricing for this option is not yet set.
Key Highlights
- Proposed build‑to‑suit industrial property in Loveland Airpark North (Year built: 2026)
- Potential for two buildings: 48,000 SF and 36,000 SF
- Includes laydown yard/storage, with up to 4 acres ± of outside storage possible (pricing not yet set)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$516,856
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,337,120
$10.3M
Cap Rate 7%
$7,383,657
$7.4M
Cap Rate 9%
$5,742,844
$5.7M
Market Conditions
NOI Build-Up for 48,000 SF
Gross rent
$665.3K $13.86/SF
− Vacancy
−$57.2K −$1.19/SF
EGI
$608.1K $12.67/SF
− OpEx
−$91.2K −$1.90/SF
NOI
$516.9K $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 Rate 5%
$10,337,120
Cap Rate 7%
$7,383,657
Cap Rate 9%
$5,742,844
Alternative Uses
Best Use
Warehouse
$7.38M
$6.46M – $8.61M
NOI $516,856 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.88M
$11.27M – $15.03M
NOI $901,878 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
122
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?
Warehouse - Proposed build-to-suit industrial property with laydown yard/storage and potential for two buildings.
Where is this warehouse located?
The property is located at 6977 Rickenbacker Road Loveland, CO.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Proposed build‑to‑suit industrial property in Loveland Airpark North (Year built: 2026); Potential for two buildings: 48,000 SF and 36,000 SF; Includes laydown yard/storage, with up to 4 acres ± of outside storage possible (pricing not yet set)
