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Property profile & analytics
OFF-MARKET
Estimated value
$6,545,000
Automotive properties
3870 Byrd Dr Loveland, CO 80538-7104
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-0142789
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,614 SF
Lot
7 ac (304,920 SF)
APN
85032-28-005
UPID
US13-0142789
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
-
LowTide, LLC Insurance Agency
-
Crossroads Hyundai of Loveland at Centerra Service Auto Repair Shop
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Crossroads Hyundai of Loveland Car Dealership
-
Jack & Callee at Hyundai Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.27M
Blend (final)
Blend
$6.55M
Owner & transaction history
3870 Byrd LLC · 5 yrs held
3870 Byrd LLC
since 2020
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.7M
+39.8%
Apartment house (5+ units)
$8.5M
+21.6%
Medical building
$8.2M
+18.1%
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
$6,530,000
ML approach
$6,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,970,000
Current use
RESTAURANT
$9,745,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,475,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$8,225,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$5,810,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$5,590,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.55M
Range $5.89M – $7.20M · ±10% · vs last sale $6.50M (Dec 30 2020)
Last sale anchor
$6.50M
Dec 30 2020
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
$246 / 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
$208,209
Tax year 2023
Assessed value
$1,506,601
Assessed 2023
Previous assessed
$1,233,950
+22.1% YoY
Effective rate
13.82%
On assessed value
Assessed land
$595,526
Assessed improvement
$911,075
Land market value
$2,134,500
Improvement market value
$3,265,500
Total market value
$5,400,000
Applied tax rate
2,222.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
26,614 SF
Lot
7 ac (304,920 SF)
APN
85032-28-005
UPID
US13-0142789
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
AUTO REPAIR, GARAGE Current
Est. value
$7.0M
RESTAURANT
Est. value
$9.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$8.2M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
7 ac
Current owner
From public records · entity-resolved
3870 Byrd LLC
Entity
Mailing address
3870 BYRD DR, LOVELAND, CO 80538-7104
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
—
3870 Byrd LLC
—
Deed
related
$5,240,000 · Comerica Bank
Dec 30, 2020
$6,500,000
3870 Byrd LLC
Hertrich Prop Colorado LLC
Grant Deed
$3,330,000 · Comerica Bk
Jul 26, 2019
—
Hertrich Prop Colorado LLC
—
Deed
related
—
Jul 23, 2014
$3,500,000
Hertrich Props Colorado LLC
Downsmore LLC
Grant Deed
$4,640,000 · Comerica Bk
Apr 30, 2012
$2,499,000
Downsmore LLC
Lithia Real Estate INC
Warranty Deed
—
Feb 29, 2008
—
Lithia Real Estate INC
L2 Real Estate INC
Warranty Deed
$7,700,000 · Wells Fargo Bank
Feb 11, 2008
—
L2 Real Estate INC
Lithia Real Estate INC
Grant Deed
$7,700,000 · Wells Fargo Bank
Dec 10, 2007
$1,132,600
Lithia Real Estate INC
Smp4 Investments INC
Grant Deed
—
—
—
Hertrich Prop Colorado LLC
—
Loan Modification
related
—
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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