320 37Th StLoveland, CO 80538

Property Details for 320 37Th St

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

1,227 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

95021-99-320

APU

9502199320

Description

This exceptional 4,301 square foot endcap retail/office condo presents a unique investment opportunity in Loveland, Colorado. Located on the north side of town, this single-story, 2005-built property benefits from its strategic position near Fort Collins, drawing clientele from a wider regional area. The building, part of a larger complex, offers convenient access to public transportation. The space was previously under construction for an escape room, offering a blank canvas for a new operator to customize. The property features ample parking (29 spaces) and prominent monument and building signage. The zoning is B - Developing Business, allowing for a variety of uses. Potential uses include, but are not limited to, escape rooms, social services, financial services, legal practices, and spa/wellness businesses. The total building size is 8,628 square feet, with this unit representing a significant portion. The property is situated at 320-324-328 W 37th, near Garfield Ave, in Larimer County. This is a single-building, one-story structure with no elevators. The property's high visibility and convenient location make it an ideal choice for businesses seeking a strong presence in a growing market. The existing build-out offers a head start for a creative entrepreneur. Don't miss this chance to acquire a well-located and versatile commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $430,946

  6.5%

  $397,797

  7%

  $369,383

• Comparable approach

  Method

  Valuation

  Relative Method

  $811,932

  Geo Method

  $255,464

• Alternative Use

  Use

  Valuation

  Residential

  $335,556

  Hospitality

  $307,368

  Educational

  $255,726

  Medical

  $264,521

  Retail

  $397,797

Location Insight

City

Loveland

County

Larimer

State

Colorado

Latitude

40.4297

Longitude

-105.079

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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