Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    604 3rd St Berthoud, CO 80513-1267

    • Retail space
    • 3,750 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1192645
    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

    • Retail space

    Property Details for 604 3rd St

    Year built
    1976
    Construction
    STEEL FRAME
    Property size
    3,750 SF
    Property type
    Retail space
    APN
    94144-44-030
    APU
    9414444030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Berthoud
    County
    Larimer
    State
    Colorado
    Longitude
    -105.078
    Latitude
    40.3071
    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
    $3,043
    $0.00
    $41,180
    $41,180
    -
    $0.00
    $147,600
    $147,600

    Comparable in this City

    • Value Estimation by Request
      590 SF

      557 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 590 SF
      557 3rd St, Berthoud, CO 80513
      View Details
    • Value Estimation by Request
      3,220 SF

      330 Mtn Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,220 SF
      330 Mtn Ave, Berthoud, CO 80513-5004
      View Details
    • Value Estimation
      $1,355,000
      10,460 SF

      157 Mtn Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,460 SF
      157 Mtn Ave, Berthoud, CO 80513-5021
      View Details
    • Value Estimation by Request
      1,008 SF

      520 Mtn Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      520 Mtn Ave, Berthoud, CO 80513
      View Details
    • Value Estimation by Request
      1,218 SF

      349 Mtn Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,218 SF
      349 Mtn Ave, Berthoud, CO 80513
      View Details
    • Value Estimation
      $550,000
      3,750 SF

      565 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 3,750 SF
      565 3rd St, Berthoud, CO 80513-5008
      View Details

    Similar Nearby for Sale

    • $1,000,000
      1.20 Acres

      Berthoud Retail Land For Sale

      1.2 acre retail pad site in fast-growing Berthoud community.
      Co Hwy 56, Berthoud, CO 80513
      View Details
    • $1,375,000
      5,210 SF

      Historic Berthoud Restaurant and Banquet Hall

      Charming historic property with restaurant, bar, and banquet hall.
      335 Mountain Ave, Berthoud, CO 80513
      View Details
    • $2,500,000

      Retail Pads Near Completion

      New retail shopping center in fast-growing Berthoud community.
      Co Hwy 56, Berthoud, CO 80513
      View Details
    • $1,400,000

      Berthoud Retail Pad Site

      New construction retail pad site in fast-growing Berthoud community.
      Co Hwy 56, Berthoud, CO 80513
      View Details
    • $1,375,000
      5,210 SF

      335 Mountain Ave

      Restaurants • 5,210 SF
      335 Mountain Ave, Berthoud, CO 80513
      View Details
    • Contact for pricing
      2.25 Acres

      Berthoud Commercial Land Opportunity

      Prime Retail/Commercial Lots in Berthoud, CO
      0 Nwc Of Hwy 287 & Berthoud Pkwy, Berthoud, CO 80513
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr

      Restaurant Space in Berthoud Center

      Restaurant space in high-traffic Berthoud shopping center, some infrastructure.
      821 Mountain Ave, Berthoud, CO 80513
      View Details
    • $9 SF/Yr
      7,472 SF

      Berthoud Industrial Flex Space

      7,472 SF Flex Warehouse, Light Industrial Zoning
      806 2 St, Berthoud, CO 80513
      View Details
    • $11 SF/Yr

      Berthoud Warehouse Spaces Available

      Industrial warehouse spaces near downtown Berthoud for lease.
      510 Remuda Rd, Berthoud, CO 80513
      View Details
    • $0.50 SF/Yr
      200,000 SF

      Berthoud Warehouse: 200,000 SF

      Large industrial warehouse, divisible spaces available.
      2221 Clayton Pl, Berthoud, CO 80513
      View Details
    • $15 SF/Yr

      Office Space in Berthoud, CO

      Well-appointed office space with historic charm and modern updates.
      512 5 St, Berthoud, CO 80513
      View Details
    • $8 SF/Yr
      80,968 SF

      Denver Industrial Space For Lease

      Versatile Denver industrial space; 15,858-33,843 SF available.
      2231 Clayton Pl, Berthoud, CO 80513
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    604 3rd St
    Berthoud, CO 80513-1267
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.