Loveland Flex Space with
For Sale
Contact for pricing
943-965 E 11th St, Loveland, CO
Flex space with natural light and easy highway access.
Property Size2,324 SF
Lot Size3.07 Acres
Price / SF$204.39
Days on Market317
Property Features for 943-965 E 11th St
General Information
Standard status
Active
Size
2,324 SF
Lot size
3.07 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 943-965 E 11th St Contact us- Floor
- 1
- Size
- 2,262 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Redwood Business Park
Contact the broker for more information
Contact us
Listing Agency:
CBRE - Fort Collins
(970) 402-5170
Listed By:
TJ Antinora · License #100041380
(970) 402-5170
Source:
Moodyscre
Added: Oct 14, 2025
Changed: Aug 8
Last Checked: Aug 25 at 12:28PM
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
Investment Insights
Based on property information with market context.
This flex space is an end unit featuring numerous windows that provide ample natural light. The property benefits from its central location in Loveland, offering convenient access to I-25 and other parts of Northern Colorado. It includes a 14-foot overhead door, 200 amp electrical service, and 3-phase power. The unit is equipped with central air conditioning. The building features quality block construction and corrugated steel protected walls. The property has a total size of 2324 square feet.
Key Highlights
- Excellent central Loveland location with easy access to I25 and Northern Colorado.
- 14’ overhead door, 200 amp, 3 phase power suitable for various business needs.**
- End unit with lots of windows providing ample natural light.**
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
$20,608
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
4.34%
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%
$412,160
$412.2K
Cap Rate 7%
$294,400
$294.4K
Cap Rate 9%
$228,978
$229.0K
Market Conditions
NOI Build-Up for 2,324 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
$32.2K $13.86/SF
− Vacancy
−$2.8K −$1.19/SF
EGI
$29.4K $12.67/SF
− OpEx
−$8.8K −$3.80/SF
NOI
$20.6K $8.87/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
30.00%
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%
$412,160
Cap Rate 7%
$294,400
Cap Rate 9%
$228,978
Alternative Uses
Best Use
Industrial
$294.4K
$257.6K – $343.5K
NOI $20,608 @ 7.0% cap · market cap 4.34%
Second Best
Flex RnD
$273.4K
$239.2K – $318.9K
NOI $19,136 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$623.8K
$545.8K – $727.8K
NOI $43,666 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Taste Catering — 526 Grant Ave, Loveland, CO 80537
- Catering Co at the Palladium — 126 W 6th St, Loveland, CO 80537
- Loncheras Mexicanas En Loveland — Loveland, CO 80537
- Lulu's Taters — 1105 Grant Ave, Loveland, CO 80537
- Hippie's Kitchen — 1339 Nickel Dr B, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with natural light and easy highway access.
Where is this flex space located?
The property is located at 943-965 E 11th St Loveland, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Excellent central Loveland location with easy access to I25 and Northern Colorado.; 14’ overhead door, 200 amp, 3 phase power suitable for various business needs.**; End unit with lots of windows providing ample natural light.**
