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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Automotive properties
4040 Byrd Dr Loveland, CO 80538-7101
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US13-2814409
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,413 SF
Lot
6.08 ac (264,888 SF)
APN
85032-21-002
UPID
US13-2814409
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
-
Mercedes-Benz of Loveland Parts Auto Parts Store
-
Mercedes-Benz of Loveland Car Dealership
-
Mercedes-Benz of Loveland Service Auto Repair Shop
-
Mercedes-Benz at Loveland Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.06M
Blend (final)
Blend
$4.01M
Owner & transaction history
Tt Of Fort Collins INC · 14 yrs held
Tt Of Fort Collins INC
since 2012
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,420,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$6,175,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±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
$136 / 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
$243,104
Tax year 2023
Assessed value
$1,757,700
Assessed 2023
Previous assessed
$1,454,640
+20.8% YoY
Effective rate
13.83%
On assessed value
Assessed land
$517,350
Assessed improvement
$1,240,350
Land market value
$1,854,300
Improvement market value
$4,445,700
Total market value
$6,300,000
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
29,413 SF
Lot
6.08 ac (264,888 SF)
APN
85032-21-002
UPID
US13-2814409
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
OFFICE BUILDING
Est. value
$6.4M
RETAIL STORES
Est. value
$6.2M
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
6.08 ac
Current owner
From public records · entity-resolved
Tt Of Fort Collins INC
Entity
Mailing address
4040 BYRD DR, LOVELAND, CO 80538-7101
Ownership since
2012
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
Dec 21, 2018
—
Tt Of Fort Collins INC
—
Deed
related
$3,809,630 · Mercedes Benz Fin'l Svcs USA L
Jun 25, 2012
—
Tt Of Fort Collins INC
Chrysler Group Realty Co LLC
Quit Claim Deed
related
$5,525,000 · Mercedes-benz Fin'l Svcs USA
Jun 25, 2012
$3,500,000
Tt Of Fort Collins INC
Chrysler Group Realty Co LLC
Grant Deed
—
Jun 10, 2009
$6,687,500
Chrysler Group Realty Co LLC
Chrysler Realty Co LLC
Quit Claim Deed
related
—
Jan 7, 2009
—
Chrysler Realty Co LLC
—
Deed Of Trust
related
—
Jan 11, 2006
$2,524,300
Chrysler Realty Co LLC
Nmp3 Investments LLC
Grant Deed
—
Nov 9, 2005
—
Nmp3 Investments LLC
Centerra Properties West LLC
Grant Deed
related
—
—
—
Tt Of Fort Collins INC
—
Loan Modification
related
$3,809,630 · Mercedes Benz Fin'l Svcs USA L
—
—
Chrysler Group Realty Co LLC
—
Deed Of Trust
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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