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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Warehouses
5740 Boeing Dr Loveland, CO 80538-8813
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-1161355
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
7,500 SF
Lot
0.94 ac (40,946 SF)
APN
86273-06-011
UPID
US13-1161355
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
-
Standard Process West Distribution Center Logistics Company
-
Copper Spring Solutions Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.03M
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.94M
Owner & transaction history
Cooper Hearth LLC · 5 yrs held
Cooper Hearth LLC
since 2020
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+148.3%
Apartment house (5+ units)
$2.4M
+116.0%
Medical building
$2.3M
+109.6%
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
$1,910,000
ML approach
$2,025,000
CAP Approach
CAP Return
Estimation
6%
$1,465,000
6.5%
$1,350,000
7%
$1,255,000
Alternative Use
Use
Estimation
RESTAURANT
$2,745,000
Change: +148% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,390,000
Change: +116% · Conversion: Difficult
MEDICAL BUILDING
$2,320,000
Change: +110% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,965,000
Change: +78% · Conversion: Easy
OFFICE BUILDING
$1,635,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$1,575,000
Change: +42% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,240,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10% · vs last sale $1.90M (Nov 12 2020)
Last sale anchor
$1.90M
Nov 12 2020
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
$258 / 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
$30,840
Tax year 2023
Assessed value
$399,807
Assessed 2023
Previous assessed
$276,921
+44.4% YoY
Effective rate
7.71%
On assessed value
Assessed land
$76,809
Assessed improvement
$322,998
Land market value
$275,300
Improvement market value
$1,157,700
Total market value
$1,433,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Total area
7,500 SF
Lot
0.94 ac (40,946 SF)
APN
86273-06-011
UPID
US13-1161355
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
RESTAURANT
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2005
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Cooper Hearth LLC
Entity
Mailing address
3502 COPPER SPG DR, FORT COLLINS, CO 80528-7020
Ownership since
2020
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
Oct 21, 2024
—
Copper Hearth LLC
—
Deed
related
$1,000,000 · First Interstate Bank
Nov 12, 2020
$1,900,000
Cooper Hearth LLC
Masa LLC
Warranty Deed
$950,000 · Jpmorgan Chase Bank NA
Sep 18, 2008
$950,000
Masa LLC
B & R Real Estate LLC
Warranty Deed
$760,000 · Jpmorgan Chase Bank NA
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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