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    6833 Franklin Ave Loveland, CO 80538-1180
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    Property profile & analytics

    6833 Franklin Ave, Loveland, CO 80538-1180

    View on Map
    • Office buildings
    • 16,850 SF
    • 2.50 lot acres
    Off-Market
    Last Sale Sep 29, 2023
    $2,943,156
    Property ID
    US13-0111296
    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.
    Value Estimations
    $2,750,000
    Show details
    Cap Rate Potential
    9.6%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Kamtz Custom Cabinetry / General Contractor / Renovation Specialist
    • Northern Colorado Sports Massage Therapy / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 6833 Franklin Ave

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    2.50 lot acres
    Property type
    Office buildings
    APN
    96261-19-011
    APU
    9626119011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 17, 2025 — Kamtz Commercial LLC — Deed · related $2.3M · Wells Fargo Bank NA
    Sep 29, 2023 $2,943,156 Kamtz Commercial LLC Koenig Legacy LLC Special Warranty Deed $2.7M · Wells Fargo Bank NA
    Mar 15, 2018 — Koenig Legacy LLC — Deed · related $1.5M · Bank Of The West
    Aug 7, 2014 $1,530,000 Koenig Legacy LLC Gatorwest LLC Grant Deed $1.4M · Wells Fargo Bk
    Jan 20, 2012 — Gatorwest LLC — Trustees Deed · related $547k · Firstbank NA
    Mar 19, 2007 — Gatorwest LLC — Trustees Deed · related $847k · Wells Fargo Bank
    Jan 17, 2006 — Siding Sales Finance Ltd LLC Franklin Properties LLC Quit Claim Deed · related —
    Jan 17, 2006 $1,000,000 Gatorwest LLC Siding Sales Finance Ltd LLC Warranty Deed —
    — — Gatorwest LLC — Deed Of Trust · related $565k · Colorado Lending Source Ltd
    — — Gatorwest LLC — Deed Of Trust · related $684k · Firstbank NA
    — — Koenig Legacy LLC — Deed Of Trust · related $1.5M · Bank Of The West
    — — Gatorwest LLC — Deed Of Trust · related $800k · Wells Fargo Bank
    — — Gatorwest LLC — Deed Of Trust · related $100k · Siding Sales Fin LLC
    — — Gatorwest LLC — Deed Of Trust · related $575k · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,665,000
      ML approach
      $2,595,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,614,000
      Market price range: $2.61M - $4.79M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,680,000
      Current use
      AUTO REPAIR, GARAGE
      $4,410,000
      Change: +20% Conversion: Difficult
      RETAIL STORES
      $3,540,000
      Change: -4% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.086
    Latitude
    40.4622
    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
    $58,910
    $113,916
    $642,174
    $756,090
    -
    $408,300
    $2,301,700
    $2,710,000

    Comparable in this City

    • Value Estimation by Request
      337 SF

      3780 Garfield Ave, Unit 5

      OFFICE BUILDING
      3780 Garfield Ave, Loveland, CO 80538-2233
      View Details
    • Value Estimation by Request
      2,204 SF

      3855 Precision Dr, Unit 3

      OFFICE BUILDING
      3855 Precision Dr, Loveland, CO 80538-9067
      View Details
    • Value Estimation
      $6,340,000
      54,936 SF

      4850 Hahns Peak Dr

      OFFICE BUILDING
      4850 Hahns Peak Dr, Loveland, CO 80538-6010
      View Details
    • Value Estimation by Request
      1,440 SF

      3702 Aldrin Dr

      OFFICE BUILDING
      3702 Aldrin Dr, Loveland, CO 80538-9232
      View Details
    • Value Estimation
      $6,490,000
      54,936 SF

      1880 Fall Riv Dr Ste, Unit 100

      OFFICE BUILDING
      1880 Fall Riv Dr Ste, Loveland, CO 80538-7158
      View Details
    • Value Estimation by Request
      1.04 Acres

      4055 St Cloud Dr, Unit 100

      OFFICE BUILDING
      4055 St Cloud Dr, Loveland, CO 80538-9378
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,024 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
    • $2,790,000

      Foxtrail Business Park Office Building

      Office building in Foxtrail Business Park with open layout.
      1605 Foxtrail Dr, Loveland, CO 80538
      View Details
    • $4,832,000

      Office Building in Centerra Community

      32,211 SF office building for sale in Loveland, CO.
      5100 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • $5,400,000

      Renovated Office Building with Security

      Modern office building with advanced security and recent renovations.
      4270 Byrd Dr, Loveland, CO 80538
      View Details
    • $2,000,000
      13,000 SF

      Loveland Office Building Opportunity

      Professional office building in central Loveland with flexible suite configuration.
      1401 W 29Th St, Loveland, CO 80538
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building in Centerra Community

      32,211 SF office building in the Centerra Master-Planned Community.
      5100 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • Contact for pricing

      Class A Office Space Available

      52,420 SF office building in Centerra Master Planned Community.
      4850 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • Contact for pricing
      5,620 SF

      Office Building in Centerra Community

      32,194 SF office building in a master-planned community.
      5250 Hahns Peak Dr, Loveland, CO 80538
      View Details
    • Contact for pricing

      Class A Office Space Available

      54,025 SF office building in Centerra Master Planned Community.
      1880 Fall River Dr, Loveland, CO 80538
      View Details
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    Loveland, CO 80538-1180
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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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