2321 Eisenhower Blvd Loveland, CO 80537-3151
Property profile & analytics
2321 Eisenhower Blvd, Loveland, CO 80537-3151
- Grocery and convenience stores
- 50,098 SF
- 4.50 lot acres
Property ID
US13-1142265
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.
Location Intelligence
Current Use by Public Records
- Safeway Pharmacy / Pharmacy
- Safeway / Grocery & Convenience Store / Food Market
- Columbine Shopping Center / Shopping Center & Mall
- Cardtronics ATM / Atm
- Starbucks / Cafe & Coffee Shop
Property Details for 2321 Eisenhower Blvd
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.50 lot acres
- Property type
- Grocery and convenience stores
- APN
- 95103-46-001
- APU
- 9510346001
Description
This exceptional investment opportunity presents a fee-simple owned, 50,096 square-foot Safeway grocery store located at 2321 W Eisenhower Blvd, Loveland, CO 80537. The property boasts a strong 5.50% cap rate, generating a substantial net operating income (NOI) of $656,527. Secured by a corporate guarantee from Albertsons Companies, Inc., this absolute triple-net (NNN) lease ensures zero landlord responsibilities. The current lease, commencing July 1, 2019, and expiring June 30, 2039, offers a substantial 14.6 years remaining on the primary term, further enhanced by eight five-year renewal options. Rent increases are incorporated into the lease agreement. Built in 1984 and renovated in 2008, this single-story building sits on a spacious 196,020 square-foot lot. The property's Class A designation reflects its high quality and prime location within a thriving community. The asking price is $11,936,855, translating to a price per square foot of $238.28. This investment is ideal for those seeking a secure, long-term, passive income stream with a reputable national tenant in a desirable Colorado location. The property is 100% occupied since July 1, 2019. This offering is structured for a 1031 exchange.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,455,000
- ML approach
- $9,245,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,305,000
- 6.5%
- $6,745,000
- 7%
- $6,260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,620,000
Market price range: $5.14M - $17.5M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $11,745,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $15,955,000 Change: +36% Conversion: Difficult
- MEDICAL BUILDING
- $15,485,000 Change: +32% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $13,120,000 Change: +12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Loveland
- County
- Larimer
- State
- Colorado
- Longitude
- -105.11
- Latitude
- 40.4084
- 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
$166,108
$791,216
$1,375,247
$2,166,463
-
$2,835,900
$4,929,200
$7,765,100
