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    OFF-MARKET
    Medical Office Space

    1500 Monroe Ave, Loveland, CO 80538

    53,300 SF 6.63 ac lot Built 1963
    Property ID
    US13-0972077
    Property summary
    AI-generated overview

    This exceptional 53,300-square-foot single-tenant office building, situated on a 6.63-acre lot in Loveland, Colorado, presents a unique investment opportunity. Originally constructed in 1963 as an elementary school, the one-story building is well-maintained and ideally suited for adaptive reuse. Its location offers convenient access to major transportation arteries, including Highway 34, Highway 287, and Interstate 25 (less than five miles away). The property's zoning, Established High-Density Residential, allows for a variety of redevelopment possibilities. Potential uses include, but are not limited to, creative office space, medical offices, a church, recreation or civic center, senior living facilities, a health center, daycare, or even a library or museum. The expansive acreage also presents significant potential for residential redevelopment, with zoning permitting up to 20 units per acre. This versatile property offers a compelling opportunity for both immediate occupancy and long-term development in a thriving Colorado community. The property is located at 1500 Monroe Ave, Loveland, CO 80538, within Larimer County. Available space ranges from 10,000 to 53,300 square feet.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1963
    Total area 53,300 SF
    Lot 6.63 ac (288,803 SF)
    UPID US13-0972077
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Monroe Elementary School High School
    • Early Childhood Center High School
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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