1647 18th St Loveland, CO 80538-4209
- Medical offices
- 4,640 SF
- 0.42 lot acres
Current Use by Public Records
- Dr. Jason Hatch / Cardiologist
- Needdentist.Com / Dentist
- 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 offices
- 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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $960,000
- 6.5%
- $880,000
- 7%
- $890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $970,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,005,000
- Retail
- $1,015,000
- Mixed-Use
- $975,000
- Hospitality
- $1,125,000
- Educational
- $995,000
- Residential Income
- $1,130,000
- Energy
- $925,000
- Income-Based Land
- $1,085,000
- Food Service
- $835,000
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