Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    505 At Centerra Masonville, CO 80538

    Sponsored
    For Sale
    Contact for pricing

    Prime Loveland, CO commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    407
    This exceptional 1.13-acre commercial land parcel, designated Pad C, is part of the highly sought-after Block 505 at Centerra development in Loveland, Colorado. Located in Larimer County, with a zip code of 80538, this property offers a unique opportunity for development within a thriving community. The site is zoned for Office, Industrial, Hospitality, and Land uses, providing flexibility for a variety of commercial projects. This is one of eight available land parcels ranging in size from 1.10 to 9.66 acres, presenting a chance to acquire a strategically sized lot or potentially consolidate multiple parcels for a larger-scale development. The Centerra master-planned community boasts over 4.2 million square feet of existing office, retail, flex, industrial, and hospitality space, creating a robust and diverse business environment. The property benefits from its proximity to major employment centers, including the Rangeview Office Campus, UCHealth Medical Center of the Rockies, and numerous established businesses such as Nutrien, UNC, Constant Contact, Heska Corporation, Meyer Natural Foods, Safelite, Toddy* Cold Brew System, Bobo's, and Animal Health International. Loveland's strong population growth projections (1.9% for 2 million, 1.2% for 5 million, and 1.0% for 10 million population projections between 2023 and 2028) further underscore the long-term investment potential of this exceptional land opportunity. This property is offered for sale.

    Property Features for 505 At Centerra

    General Information

    Property type
    Flex space
    Lot Size
    49,223 SF

    We can help!

    Listing Contact
    Cole VanMeveren

    Learn more

    HighLights

    • Eight (8) land parcels available, ranging from 1.10 to 9.66 acres.
    • Pad C: 1.13‑acre parcel in Loveland, CO (80538).
    • Zoned for Office, Industrial, Hospitality, and Land uses.
    • Centerra location offers 4.2M SF of existing commercial space.
    • Proximity to major employers including Rangeview Office Campus, UCHealth, and numerous established businesses.
    • Strong Loveland population growth projections (1.9% for 2M, 1.2% for 5M, and 1.0% for 10M population projections between 2023 and 2028).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Masonville
    County
    Larimer
    State
    Colorado
    Longitude
    -105.2428853
    Latitude
    40.4853645

    Nearby Comparable

    • Contact for pricing
      1.10 Acres

      Centerra Land Parcel: 1.1 Acres

      Prime Loveland, CO land for sale. Excellent development opportunity.
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      9.66 Acres

      Centerra Land: 9.66 Acres

      Prime Loveland, CO commercial land
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      2.03 Acres

      Centerra Land: Pad E - 2.03 Acres

      Prime Loveland, CO industrial/office land
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      1.34 Acres

      Centerra Pad Site: 1.34 Acres

      Prime Loveland, CO location. Exceptional development opportunity.
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      1.62 Acres

      Centerra Executive Office Land

      Prime Loveland, CO Office/Flex Land
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      1.12 Acres

      Centerra Pad B: 1.12 Acres

      Prime Loveland, CO Flex Space
      505 At Centerra, Masonville, CO 80538
      View Details
    • Contact for pricing
      1.19 Acres

      Centerra Loveland Pad Site

      1.19-Acre Flex Commercial Lot
      0 Block 505, Masonville, CO 80538
      View Details
    • $574,000
      119.00 Acres

      Unspoiled Land with Mountain Views

      119 acres of land near Loveland and Fort Collins.
      14750 Buckhorn Rd, Loveland, CO 80538
      View Details
    • $85,000
      1.82 Acres

      Colorado Mountain Retreat Land

      1.8 acre mountain property near Loveland and Estes Park.
      938 Snow Top Dr, Drake, CO 80515
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Loveland, CO commercial land.
    Where is this flex space located?
    The property is located at 505 At Centerra Masonville, CO.
    What are key features of this property?
    This property features: Eight (8) land parcels available, ranging from 1.10 to 9.66 acres.; Pad C: 1.13-acre parcel in Loveland, CO (80538).; Zoned for Office, Industrial, Hospitality, and Land uses.
    Request Owner's contact information
    505 At Centerra Masonville, CO 80538
    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.
    505 At Centerra
    Masonville, CO 80538
    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
    505 At Centerra Masonville, CO 80538
    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

    We can help!
    Listing Contact
    Cole VanMeveren
    Real Estate License ID: FA. 100088218
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.