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Property profile & analytics
FOR LEASE
Manufacturing properties
380 West 37Th St Loveland, CO 80538
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0837313
For Lease
1 / 4
$8.50 SF/Yr
380 West 37Th St, Loveland, CO 80538
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
STEEL FRAME
Total area
162,703 SF
Lot
14.92 ac (649,915 SF)
APN
95024-32-002
UPID
US13-0837313
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
-
Diamond Peak Physical Therapy and Pilates Medical Clinic
-
Diamond Peak Physical Therapy, P.C. Physician
-
Loveland Roofing & Construction Inc Roofing Company General Contractor
-
Tharp Custom Cabinetry General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.20M
Comparable Approach
Comparable
$22.50M
Blend (final)
Blend
$19.50M
Owner & transaction history
8037 Holdings LP · 7 yrs held
8037 Holdings LP
since 2018
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,045,000
6.5%
$22,195,000
7%
$20,610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$26,950,000
Current use
WAREHOUSE, STORAGE
$23,995,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$19.50M
Range $17.55M – $21.45M · ±10%
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
$120 / 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
$235,841
Tax year 2023
Assessed value
$3,064,061
Assessed 2023
Previous assessed
$2,085,071
+47.0% YoY
Effective rate
7.70%
On assessed value
Assessed land
$1,024,404
Assessed improvement
$2,039,657
Land market value
$3,671,700
Improvement market value
$7,310,600
Total market value
$10,982,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
2
Total area
162,703 SF
Lot
14.92 ac (649,915 SF)
APN
95024-32-002
UPID
US13-0837313
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
INDUSTRIAL (GENERAL) Current
Est. value
$27.0M
WAREHOUSE, STORAGE
Est. value
$24.0M
INDUSTRIAL (GENERAL) 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
1986
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Lot
14.92 ac
Current owner
From public records · entity-resolved
8037 Holdings LP
Entity
Mailing address
380 W 37TH ST, LOVELAND, CO 80538-2260
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2019
—
38037 Holdings LP
—
Deed
related
$3,417,000 · Colorado Lndg Source
Nov 6, 2018
—
8037 Holdings LP
Gc Net Lease Loveland Invtrs
Quit Claim Deed
related
$4,150,391 · Colorado Busn Bk
May 24, 2017
—
Renfro Properties LLC
—
Deed
related
$7,500,000 · Miscellaneous Ins Co
Nov 21, 2011
—
Gc Net Lease Loveland Invtrs
—
Deed Of Trust
related
$150,000,000 · Key Bank & Trust
Jan 6, 2011
$11,850,000
Gc Net Lease Loveland Invtrs
One Directory Place LLC
Deed Of Trust
related
$150,000,000 · Key Bank & Trust
Dec 22, 2010
—
Gc Net Lease Loveland Invtrs
One Directory Place LLC
Grant Deed
related
—
—
—
One Directory Place LLC
—
Deed Of Trust
related
$2,531,672 · Citywide Banks
—
—
38037 Holdings LP
—
Deed Of Trust
related
$3,417,000 · Colorado Lndg Source
—
—
38037 Holdings LP
—
Deed Of Trust
related
$4,150,391 · Bok Fin'l
—
—
Gc Net Lease Loveland Invtrs
—
Deed Of Trust
related
$200,000,000 · Key Bank & Trust
—
—
Gc Net Lease Loveland Invtrs
—
Deed Of Trust
related
$105,600,000 · Midland National Life Ins
—
—
Renfro Properties LLC
—
Loan Modification
related
$7,500,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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