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Property profile & analytics
OFF-MARKET
Industrial properties
171 12th SW St Loveland, CO 80537-6311
Individually Owned
3-yr Hold
Free & Clear
Property ID
US13-0995470
Property summary
AI-generated overview
This 1,000-square-foot vacant commercial condo is situated in Loveland, Colorado's Arts Centre, offering a unique opportunity. Located at 171 12th Street SW, 80537, this Class B property enjoys convenient access to Highway 287 and Interstate 25 via Highway 402. Built in 1992, the unit features a northern-exposure workspace with exterior access, a kitchen area equipped for a cooktop, refrigerator, and washer/dryer hookups. Currently zoned Industrial, the property's intended use was for artist live/work studios; however, buyers are responsible for verifying permitted uses under the I zoning designation. The asking price is $250,000, and the property includes one unit with an APN of 9523431008. This rare offering presents a compelling investment prospect.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1992
Construction
WOOD FRAME
Total area
1,000 SF
Lot
0.2 ac (8,712 SF)
APN
95234-31-008
UPID
US13-0995470
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Garnett Kreutzer Briton · 3 yrs held
Garnett Kreutzer Briton
since 2022
Last sale
$90,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,121
Tax year 2023
Assessed value
$61,910
Assessed 2023
Previous assessed
$39,324
+57.4% YoY
Effective rate
6.66%
On assessed value
Assessed land
$9,681
Assessed improvement
$52,229
Land market value
$34,700
Improvement market value
$187,200
Total market value
$221,900
Applied tax rate
2,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1992
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,000 SF
Lot
0.2 ac (8,712 SF)
APN
95234-31-008
UPID
US13-0995470
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Garnett Kreutzer Briton
Individual
Free & Clear · 3 yrs held
Mailing address
171 12TH ST SW, LOVELAND, CO 80537-6311
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
—
Garnett Kreutzer Briton
Jack E Kreutzer
Beneficiary Deed
related
—
Dec 4, 2008
$2,379
Troy J Staten
Treasurer Of Larimer County
Certificate Of Purchase
related
—
Jun 10, 2008
$90,000
Jack E Kreutzer
Staten,troy J
Warranty Deed
—
Mar 3, 2006
$101,000
Troy J Staten
Kreutzer,jack E
Warranty Deed
$90,000 · Jack E Kreutzer
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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