505 At Centerra Masonville, CO 80538
- Retail properties
- 2.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 505 At Centerra
- Lot size
- 2.03 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 2.03-acre parcel, designated Pad E, is part of the highly sought-after Block 505 at Centerra development in Loveland, Colorado (Larimer County, zip code 80538). Located at 40.4853645, -105.2428853, this property offers a unique opportunity for retail, office, or hospitality development. The site is one of eight available land parcels ranging in size from 1.10 to 9.66 acres, providing flexibility for various project scales. Centerra boasts over 4.2 million square feet of existing office, retail, flex, industrial, and hospitality space, creating a vibrant and established community. This location benefits from proximity to major employment centers, including the Rangeview Office Campus, UCHealth Medical Center of the Rockies, and numerous significant corporations such as Nutrien, UNC, Constant Contact, Heska Corporation, Meyer Natural Foods, Safelite, Toddy* Cold Brew System, Bobo's, and Animal Health International. The area is experiencing robust population growth, projected at 1.9% annually for the next five years within a 2-mile radius, 1.2% within 5 miles, and 1.0% within 10 miles. This presents a compelling investment opportunity in a thriving and strategically located market. The property is zoned for industrial and traditional office uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Masonville
- County
- Larimer
- State
- Colorado
- Longitude
- -105.243
- Latitude
- 40.4854
