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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
231 4th St Loveland, CO 80537-5524
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0087435
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,670 SF
Lot
0.22 ac (9,583 SF)
APN
95144-33-007
UPID
US13-0087435
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
-
Denise A Bretting PC Law Firm
-
Ingrid K Rule MD Choice Family Care PC Pediatrician Physician
-
Mourning to Light Pet Loss Counselor
-
The ARK Housing Complex
-
Bodywork By Kimberly Hovi Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$510k
Owner & transaction history
Northern Colorado Rehab Center INC · 3 yrs held
Northern Colorado Rehab Center INC
since 2022
Last sale
$562,000
7 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
Method
Estimation
Statistic approach
$465,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Current use
WAREHOUSE, STORAGE
$490,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $562k (Sep 12 2022)
Last sale anchor
$562k
Sep 12 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
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
$3,209
Tax year 2023
Assessed value
$170,050
Assessed 2023
Previous assessed
$170,050
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$30,578
Assessed improvement
$139,472
Land market value
$109,600
Improvement market value
$499,900
Total market value
$609,500
Applied tax rate
22,012.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
2
Bathrooms
6
Total area
3,670 SF
Lot
0.22 ac (9,583 SF)
APN
95144-33-007
UPID
US13-0087435
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$605,000
WAREHOUSE, STORAGE
Est. value
$490,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
2
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Northern Colorado Rehab Center INC
Entity
Mailing address
4433 SEDONA HLS DR, LOVELAND, CO 80537-8337
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$562,000
Northern Colorado Rehab Center INC
Loveland Professional Offices LLC
Special Warranty Deed
$400,750 · Bank Of Colorado
Jul 27, 2005
$300,000
Loveland Prof Offices LLC
Diers,michael R & Ronda
Warranty Deed
$122,000 · Firstbank Of Northern Colorado
Oct 18, 2004
—
Michael R Diers
Diers,michael R
Quit Claim Deed
related
—
Apr 16, 2004
—
Barbara L Tate
Eldercare Sanstuary LLC
Quit Claim Deed
related
—
Apr 16, 2004
$250,000
Michael R Diers
Tate,barbara L
Warranty Deed
$200,000 · Southstar Funding LLC
Nov 13, 2000
—
Barbara L Tate
Eldercare Sanctuary LLC
Quit Claim Deed
related
$50,000 · Individual
Nov 13, 2000
$50,000
Tate,barbara L
Edwards,donald A
Trustees Deed
—
—
—
Loveland Prof Offices LLC
—
Deed Of Trust
related
$128,000 · Front Range Regular Economic
—
—
Loveland Prof Offices LLC
—
Deed Of Trust
related
$212,000 · Guaranty Bank
—
—
Barbara L Tate
—
Deed Of Trust
related
$116,586 · Wells Fargo Fin'l Colorado INC
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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