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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Manufacturing properties
3920 Patton Ave Loveland, CO 80538-7021
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0175136
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
STEEL FRAME
Total area
27,910 SF
Lot
1.63 ac (71,003 SF)
APN
85022-11-004
UPID
US13-0175136
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
-
Advanced Manufacturing Technology Industrial Manufacturer Production Facility
-
flexible engineering Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$3.41M
Owner & transaction history
Rlt Land LLC · 4 yrs held
Rlt Land LLC
since 2022
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%
$4,125,000
6.5%
$3,810,000
7%
$3,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,625,000
Current use
WAREHOUSE, STORAGE
$4,115,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±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
$122 / 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
$70,340
Tax year 2023
Assessed value
$892,800
Assessed 2023
Previous assessed
$681,500
+31.0% YoY
Effective rate
7.88%
On assessed value
Assessed land
$138,663
Assessed improvement
$754,137
Land market value
$497,000
Improvement market value
$2,703,000
Total market value
$3,200,000
Applied tax rate
2,211.0000
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
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Total area
27,910 SF
Lot
1.63 ac (71,003 SF)
APN
85022-11-004
UPID
US13-0175136
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
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.1M
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
2003
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
Rlt Land LLC
Entity
Mailing address
3920 PATTON AVE, LOVELAND, CO 80538-7021
Mailing matches property
Yes
Owner-occupied
Yes
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
Jun 15, 2022
—
Rlt Land LLC
—
Deed
related
$2,000,000 · Bank Of Colorado
Jun 24, 2020
—
Rlt Land LLC
—
Deed
related
$350,000 · Bank Of Co
Oct 11, 2019
—
Rlt Land LLC
—
Deed
related
$350,000 · Bank Of Co
Dec 15, 2011
—
Rlt Land LLC
—
Trustees Deed
related
$850,000 · Bank Of Colorado
—
—
Rlt Land LLC
—
Deed Of Trust
related
$709,000 · Front Range Regular Economic
—
—
Rlt Land LLC
—
Deed Of Trust
related
$350,000 · Bank Of Co
—
—
Rlt Land LLC
—
Deed Of Trust
related
—
—
—
Rlt Land LLC
—
Deed Of Trust
related
$860,582 · General Electric Capital Corp
—
—
Rlt Land LLC
—
Deed Of Trust
related
$350,000 · Bank Of Co
—
—
Rlt Land LLC
—
Deed Of Trust
related
$688,466 · General Electric Capital Corp
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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