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Property profile & analytics
OFF-MARKET
Estimated value
$7,875,000
Manufacturing properties
3950 Medford Dr Loveland, CO 80538-8983
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-2306878
Property summary
AI-generated overview
This newly updated industrial/flex warehouse in Loveland offers a versatile single-tenant space ranging from 10,000 to 33,000 square feet. The building features a 14-foot clear ceiling height, providing ample room for storage and operations. Loading and unloading is efficient with two 10-foot loading docks and one 14-foot overhead drive-in door. The space includes a large open warehouse area, along with shared restrooms and a breakroom/kitchenette. Recent upgrades include a completely new heating system, updated thermostats, energy-efficient LED lighting, a modernized sprinkler system, high-speed fiber internet access, and new smoke alarms, ensuring a safe and productive work environment. The property boasts robust 3-phase, 1200 amp, 277/480-volt power. It's ideally situated within an industrial zoned area, making it perfect for a variety of businesses. This is a sublease opportunity, offering immediate occupancy and a chance to secure a well-maintained, modern industrial space. Inquire today for details and availability.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Total area
71,152 SF
Lot
7.78 ac (338,897 SF)
APN
86330-00-035
UPID
US13-2306878
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
-
Recreational Electrical LLC Auto Parts Store
-
amerimax window General Contractor
-
Omnimax Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.06M
CAP Approach
CAP
$9.71M
Comparable Approach
Comparable
$9.84M
Blend (final)
Blend
$7.88M
Owner & transaction history
Mw Manufacturers INC · 3 yrs held
Mw Manufacturers INC
since 2023
Last sale
$7.8M
3 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
$5,840,000
ML approach
$8,060,000
CAP Approach
CAP Return
Estimation
6%
$10,515,000
6.5%
$9,705,000
7%
$9,015,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,785,000
Current use
WAREHOUSE, STORAGE
$10,495,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$7.88M
Range $7.09M – $8.66M · ±10% · vs last sale $7.83M (Aug 2 2023)
Last sale anchor
$7.83M
Aug 2 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
$111 / 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
$93,840
Tax year 2023
Assessed value
$1,191,079
Assessed 2023
Previous assessed
$1,112,933
+7.0% YoY
Effective rate
7.88%
On assessed value
Assessed land
$237,150
Assessed improvement
$953,929
Land market value
$850,000
Improvement market value
$3,419,100
Total market value
$4,269,100
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
1997
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
71,152 SF
Lot
7.78 ac (338,897 SF)
APN
86330-00-035
UPID
US13-2306878
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
$11.8M
WAREHOUSE, STORAGE
Est. value
$10.5M
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
1997
Heating
GAS
Cooling
Yes
Stories
1
Lot
7.78 ac
Current owner
From public records · entity-resolved
Mw Manufacturers INC
Entity
Free & Clear · 3 yrs held
Mailing address
810 CARDINAL LN STE #210, HARTLAND, WI 53029-2390
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
—
Mw Manufacturers INC
Dennis L Wernsman Companies LLC
Lease
—
Jul 31, 2023
$7,826,720
Ia Medford LLC
Deborah K Wernsman
Special Warranty Deed
$6,261,376 · Dennis L Wernsman Etal
Jul 31, 2023
—
Dennis L Wernsman
Dennis L Wernsman Companies LLC
Quit Claim Deed
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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