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    1647 18th St Loveland, CO 80538-4209

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    1647 18th St Loveland, CO 80538-4209


    • Medical Office Space
    • 4,640 SF
    • 0.42 lot acres
    Off-Market
    Last Sale Dec 26, 2024
    $925,000
    Property ID
    US13-2805025
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $925,000
    Show details
    Cap Rate Potential
    9.6%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Dr. Jason Hatch / Physician
    • Needdentist.Com / Dental Office
    • Janelle Komorowski, CNM: Certified Nurse Midwife / Midwife
    • Linda Davidson, CNM, MSN / Midwife
    • Janelle Komorowski, CNM: Midwife - Certified / Midwife

    Property Details for 1647 18th St

    Year built
    1983
    Construction
    WOOD FRAME
    Lot size
    0.42 lot acres
    Property size
    4,640 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    85073-12-003
    APU
    8507312003

    Description

    This exceptional 4,640 square foot medical office building in Loveland, Colorado, presents a compelling investment opportunity for owner-users or investors. Located at 1647 E 18th Street, this single-story, Class B building boasts a prime location directly adjacent to Banner McKee Medical Center, within a thriving medical community. The property, built in 1983, features two units, currently at 50% occupancy. Suite A is occupied by a dental practice, generating immediate income. Suite B is available for lease or occupancy, offering flexibility for expansion or additional revenue streams. The building sits on a spacious 18,248 square foot lot, providing ample parking (20 spaces). Convenient access to Highway 34 and I-25 enhances its appeal. The asking price is $1,025,000 ($220.91/sq ft). The property is zoned INCORP and offers immediate possession. Furniture and equipment are available for purchase. This is a rare opportunity to acquire a well-situated medical office building with strong potential for growth and immediate income generation. The property's proximity to a major medical center and its convenient location make it an attractive investment in a high-demand market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $700,000
      ML approach
      $730,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,115,000
      6.5%
      $1,030,000
      7%
      $955,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,252,000
      Market price range: $947k - $1.93M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,435,000
      Current use
      AUTO REPAIR, GARAGE
      $1,215,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.052
    Latitude
    40.4113
    CBSA code
    22660
    CBSA name
    FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,294
    $56,191
    $215,834
    $272,025
    -
    $201,400
    $773,600
    $975,000
    More about this property
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