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Property profile & analytics
FOR SALE
Warehouses
418 E 3Rd St Loveland, CO 80537
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0104817
For Sale
1 / 9
$560,000
418 E 3Rd St, Loveland, CO 80537
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Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,976 SF
Lot
0.16 ac (6,970 SF)
APN
95133-44-002
UPID
US13-0104817
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$511k
Blend (final)
Blend
$640k
Owner & transaction history
Bhotia & Brody LLC · 2 yrs held
Bhotia & Brody LLC
since 2024
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$920,000
+131.4%
Auto repair, garage
$780,000
+96.0%
Retail stores
$700,000
+75.5%
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
$640,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$400,000
Current use
MEDICAL BUILDING
$920,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: +96% · Conversion: Easy
RETAIL STORES
$700,000
Change: +75% · Conversion: Moderate
OFFICE BUILDING
$495,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $640k (Feb 23 2024)
Last sale anchor
$640k
Feb 23 2024
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
$215 / 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
$11,183
Tax year 2023
Assessed value
$144,801
Assessed 2023
Previous assessed
$123,743
+17.0% YoY
Effective rate
7.72%
On assessed value
Assessed land
$21,957
Assessed improvement
$122,844
Land market value
$78,700
Improvement market value
$440,300
Total market value
$519,000
Applied tax rate
22,185.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
2,976 SF
Lot
0.16 ac (6,970 SF)
APN
95133-44-002
UPID
US13-0104817
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
WAREHOUSE, STORAGE Current
Est. value
$400,000
MEDICAL BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$700,000
OFFICE BUILDING
Est. value
$495,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Bhotia & Brody LLC
Entity
Mailing address
418 E 3RD ST, LOVELAND, CO 80537-5665
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
—
Bhotia & Brody LLC
—
Deed
related
$250,000 · Weinberg Svcng LLC
Feb 23, 2024
$640,000
Bhotia & Brody LLC
Five By Five LLC
Warranty Deed
—
Dec 26, 2023
—
Five By Five LLC
—
Deed
related
$300,000 · Carla M Schlosser
Aug 29, 2023
—
Five By Five LLC
—
Deed
related
$500,000 · Adams Bank & Trust
Aug 28, 2020
—
Five By Five LLC
—
Deed
related
$103,921 · Adams Bk&tr
Aug 20, 2020
—
Five By Five LLC
—
Deed
related
$103,921 · Adams Bank & Trust
Jul 5, 2013
$259,500
Five By Five LLC
Harsanyi,angela
Warranty Deed
$132,000 · Verus Bank Of Commerce
Jun 4, 2004
$237,000
Angela Harsanyi
Mielke,daniel M & Phyllis M
Warranty Deed
$247,000 · C M Shockey
—
—
Five By Five LLC
—
Deed Of Trust
related
$112,000 · Colorado Lending Source Ltd
—
—
Five By Five LLC
—
Deed Of Trust
related
$132,000 · Verus Bank Of Commerce
—
—
Five By Five LLC
—
Deed Of Trust
related
$103,921 · Adams Bk&tr
—
—
Angela Harsanyi
—
Deed Of Trust
related
$262,011 · C Moyne Shockey
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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