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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4308 Garfield Ave Loveland, CO 80538-2037

    • Office buildings
    • 1,680 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $390,000
    Show details
    Cap Rate Potential
    8.3%
    Office buildings
    Location Intelligence
    Property ID
    US13-0183471
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advantage Insurance - Barry G Gustafson Agency / Auto Insurance Agency / Home Insurance Agency
    • Championship Insurance CO / Insurance Agency
    • Xpeerant / Military Recruiting Office
    • Xpeerant Inc / Employment Agency

    Property Details for 4308 Garfield Ave

    Year built
    1951
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property size
    1,680 SF
    Property type
    Office buildings
    APN
    96363-00-049
    APU
    9636300049

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $425,000
      6.5%
      $390,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $477,000
      Market price range: $261k - $478k
      AI Estimate
      $334,000
      Market price range: $81.4k - $335k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $365,000
      Current use
      AUTO REPAIR, GARAGE
      $440,000
      Change: +20% Conversion: Difficult
      RETAIL STORES
      $355,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.077
    Latitude
    40.4373
    CBSA code
    22660
    CBSA name
    FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,122
    $101,396
    $116,590
    $217,986
    -
    $461,600
    $488,400
    $950,000

    Comparable in this City

    • Value Estimation
      $820,000
      120,688 SF

      5296 Harvest Lk Dr

      OFFICE BUILDING • 120,688 SF
      5296 Harvest Lk Dr, Loveland, CO 80538-7163
      View Details
    • Value Estimation
      $325,000
      1,350 SF

      1625 Foxtrail Dr

      OFFICE BUILDING • 1,350 SF
      1625 Foxtrail Dr, Loveland, CO 80538-9088
      View Details
    • Value Estimation
      $1,155,000
      6,464 SF

      2903 Aspen Dr

      OFFICE BUILDING • 6,464 SF
      2903 Aspen Dr, Loveland, CO 80538-2577
      View Details
    • Value Estimation
      $760,000
      41,490 SF

      Loveland, CO 80538

      OFFICE BUILDING • 41,490 SF
      Loveland, CO 80538
      View Details
    • Value Estimation
      $650,000
      20,840 SF

      3553 Clydesdale Pkwy Ste, Unit 100

      OFFICE BUILDING • 20,840 SF
      3553 Clydesdale Pkwy Ste, Loveland, CO 80538-7625
      View Details
    • Value Estimation
      $510,000
      23,604 SF

      5401 Stone Crk Cir

      OFFICE BUILDING • 23,604 SF
      5401 Stone Crk Cir, Loveland, CO 80538-8805
      View Details

    Similar Nearby for Sale

    • $4,832,000

      Office Building in Centerra Community

      32,211 SF office building in a master-planned community.
      Hahns Peak Dr, Loveland, CO 80538
      View Details
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      Architecturally Distinct Office Building

      2,700 SF office building with Lake Loveland views.
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    • $5,295,000
      14,645 SF

      High-Growth Area Office Building

      Office building in high-growth area with immediate I-25 access.
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      View Details
    • Contact for pricing
      0.83 Acres

      Prime Loveland Commercial Land

      Three pad sites, ideal location, high potential.
      1420 Cascade Ave, Loveland, CO 80538
      View Details
    • $4,000,000
      12,382 SF

      Loveland Medical Office Building

      High-Cap Rate Medical Office in Loveland, CO
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    • $825,000
      5,140 SF

      Loveland Office Building: Prime Location

      5,140 SF Office Building, $825,000
      2881 Monroe Ave, Loveland, CO 80538
      View Details

    Similar Nearby for Lease

    • $1,200,000
      5,515 SF

      New Office Building in Loveland

      New office building in the heart of Northern Colorado.
      4045-4055 St Cloud Dr, Loveland, CO 80538
      View Details
    • $17 SF/Yr

      Office Building in Centerra Community

      32,211 SF office building in a master-planned community.
      5100 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • Contact for pricing

      Centerra Land: 1.13 Acres

      Prime Loveland Flex Space Available
      505 At Centerra, Masonville, CO 80538
      View Details
    • $17 SF/Yr
      52,420 SF

      Loveland Office Space: Hahns Peak Dr

      Class A Office Suites in Centerra
      4850 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • $17 SF/Yr
      32,194 SF

      Centerra Office Space for Lease

      Modern Office Suites in Thriving Centerra
      5250 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • $15 SF/Yr
      1,693 SF

      Willow Run Plaza Executive Suites

      Loveland Office Space For Lease
      1717 Madison Ave, Loveland, CO 80538
      View Details
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    4308 Garfield Ave
    Loveland, CO 80538-2037
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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