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Property profile & analytics
FOR SALE
Retail space
2683 N Taft Ave Loveland, CO 80538
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0809756
$1,295,000
2683 N Taft Ave, Loveland, CO 80538
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,788 SF
Lot
0.42 ac (18,295 SF)
APN
95101-34-001
UPID
US13-0809756
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
-
Berkshire Hathaway HomeServices Rocky Mountain, REALTORS® Real Estate Agency
-
Evans.Real Estate & Invests. Real Estate Agency
-
JK Designs Inc Fine Art Consulting Consultant Art Dealer
-
Paradox Fine Art Art Gallery Event Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.04M
Owner & transaction history
Jennings Investments LLC · 3 yrs held
Jennings Investments LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+47.2%
Auto repair, garage
$990,000
+24.7%
Office building
$825,000
+4.0%
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
$1,045,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$795,000
Current use
MEDICAL BUILDING
$1,170,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$990,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $1.40M (Mar 13 2023)
Last sale anchor
$1.40M
Mar 13 2023
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
$273 / 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
$19,486
Tax year 2023
Assessed value
$261,535
Assessed 2023
Previous assessed
$177,741
+47.1% YoY
Effective rate
7.45%
On assessed value
Assessed land
$85,486
Assessed improvement
$176,049
Land market value
$306,400
Improvement market value
$631,000
Total market value
$937,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Stories
2
Total area
3,788 SF
Lot
0.42 ac (18,295 SF)
APN
95101-34-001
UPID
US13-0809756
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
RETAIL STORES Current
Est. value
$795,000
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$990,000
OFFICE BUILDING
Est. value
$825,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Jennings Investments LLC
Entity
Mailing address
8026 N COUNTY RD 19, FORT COLLINS, CO 80524-5210
Ownership since
2023
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
Mar 13, 2023
$1,400,000
Jennings Investments LLC
Lake Tern Partnership
Special Warranty Deed
$700,000 · Firstbank
Jan 31, 2020
—
Lake Tern Ptshp
—
Deed
related
$152,450 · Private Individual
Feb 14, 2018
—
Lake Tern Ptshp
—
Deed
related
$154,950 · Private Individual
Aug 8, 2017
—
Lake Tern Ptshp
—
Deed
related
$670,880 · Advantage Bk
Mar 12, 2010
—
Lake Tern Ptshp
—
Trustees Deed
related
$65,000 · John Demmitt
—
—
Lake Tern Ptshp
—
Deed Of Trust
related
$152,450 · Private Individual
—
—
Lake Tern Partnership
—
Deed Of Trust
related
$660,000 · Home State Bank
—
—
Lake Tern Ptshp
—
Deed Of Trust
related
$670,880 · Advantage Bk
—
—
Lake Tern Ptshp
—
Deed Of Trust
related
$154,950 · Private Individual
—
—
John W Kinkade
—
Deed Of Trust
related
$46,311 · Cache Bank & Trust
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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