3950 Medford Dr, Loveland, CO 80538-8983
- Manufacturing properties
- 71,152 SF
- 7.78 lot acres
Current Use by Public Records
- Recreational Electrical LLC / Auto Parts Store
- amerimax window / General Contractor
- Omnimax / Corporate Office
Property Details for 3950 Medford Dr
- Year built
- 1997
- Lot size
- 7.78 lot acres
- Property type
- Manufacturing properties
- APN
- 86330-00-035
- APU
- 8633000035
Sales History
| 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 | $6.3M · Dennis L Wernsman Etal |
| Jul 31, 2023 | — | Dennis L Wernsman | Dennis L Wernsman Companies LLC | Quit Claim Deed · related | — |
Description
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.
Value Estimations
-
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
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,839,000
- AI Estimate
- $6,037,000
Market price range: $9.84M - $13.8MMarket price range: $6.04M - $11.9M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $11,785,000 Current use
- WAREHOUSE, STORAGE
- $10,495,000 Change: -11% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Loveland
- County
- Larimer
- State
- Colorado
- Longitude
- -105.019
- Latitude
- 40.4407
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
