171 12th SW St Loveland, CO 80537-6311
- Industrial properties
- 1,000 SF
- 0.20 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 171 12th SW St
- Year built
- 1992
- Construction
- WOOD FRAME
- Lot size
- 0.20 lot acres
- Property size
- 1,000 SF
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 95234-31-008
- APU
- 9523431008
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $75,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $70,000
- 6.5%
- $85,000
- 7%
- $85,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $85,000
- Geo Method
- $75,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $65,000
- Retail
- $70,000
- Mixed-Use
- $80,000
- Hospitality
- $70,000
- Educational
- $70,000
- Residential Income
- $85,000
- Energy
- $85,000
- Income-Based Land
- $75,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Loveland
- County
- Larimer
- State
- Colorado
- Longitude
- -105.079
- Latitude
- 40.381
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA