Industrial Warehouse with Overhead
For Sale
Contact for pricing
Pending
943-965 E 11th St, Loveland, CO 80537
2016-built warehouse includes a rear 12' x 14' overhead door, man door, and bathroom with floor drain.
Property Size2,372 SF
Days on Market334
Property Features for 943-965 E 11th St
General Information
Standard status
Pending
Size
2,372 SF
Property subtype
INDUSTRIAL
Listing Agency:
LC Real Estate Group
(970) 667-7000
Listed By:
Wayne Lewis · License #40043311
(303) 588-8808
Source:
Moodyscre
Added: Oct 14, 2025
Changed: Sep 4
Last Checked: Sep 11 at 11:01AM
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 LC Real Estate Group
Investment Insights
Based on property information with market context.
This 2016-built industrial warehouse offers an open warehouse layout with a bathroom that includes a floor drain. The rear of the building is equipped with a 12' x 14' overhead door plus an additional man door, supporting day-to-day loading and access needs. Building systems and features include a gas unit heater and HID lighting, along with ample parking. Exterior presentation includes a glass storefront and corrugated steel awning.
The property is located in Redwood Business Park in central Loveland, just south of US Highway 34/Eisenhower Blvd. The location provides convenient access to I-25 to the east and US Highway 287/Lincoln Ave. to the west.
Zoned “I - Developing Industrial,” the property is described as having flexible allowances for business services and workshop-type uses, among others, with some listed limits including personal services, retail sales and services, and general office uses.
The property is located in Redwood Business Park in central Loveland, just south of US Highway 34/Eisenhower Blvd. The location provides convenient access to I-25 to the east and US Highway 287/Lincoln Ave. to the west.
Zoned “I - Developing Industrial,” the property is described as having flexible allowances for business services and workshop-type uses, among others, with some listed limits including personal services, retail sales and services, and general office uses.
Key Highlights
- 2,372 SF industrial warehouse built in 2016 in Redwood Business Park
- Rear 12' x 14' overhead door plus a separate man door for access to the warehouse
- Warehouse includes a bathroom with a floor drain
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
$25,541
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
5.38%
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%
$510,820
$510.8K
Cap Rate 7%
$364,871
$364.9K
Cap Rate 9%
$283,789
$283.8K
Market Conditions
NOI Build-Up for 2,372 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
$32.9K $13.86/SF
− Vacancy
−$2.8K −$1.19/SF
EGI
$30.0K $12.67/SF
− OpEx
−$4.5K −$1.90/SF
NOI
$25.5K $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%
$510,820
Cap Rate 7%
$364,871
Cap Rate 9%
$283,789
Alternative Uses
Best Use
Warehouse
$364.9K
$319.3K – $425.7K
NOI $25,541 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$636.7K
$557.1K – $742.8K
NOI $44,568 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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- Cross Roads Self Storage — 34E E Eisenhower Blvd, Loveland, CO 80537
- E-Z Self Storage — 1220 Monroe Ave, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Warehouse - 2016-built warehouse includes a rear 12' x 14' overhead door, man door, and bathroom with floor drain.
Where is this warehouse 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: 2,372 SF industrial warehouse built in 2016 in Redwood Business Park; Rear 12' x 14' overhead door plus a separate man door for access to the warehouse; Warehouse includes a bathroom with a floor drain
